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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
117 Parkwood St, Lowell, AR 72745-8807
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-2391436
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
9,000 SF
Lot
0.5 ac (21,780 SF)
APN
12-01278-000
UPID
US05-2391436
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Odyssey Engineering, LLC General Contractor
-
Transportation Consulting Services LLC Freight Service Logistics Company
-
Transmange Worldwide Inc Freight Service Logistics Company
-
Catterlin & Arnold Law Firm Law Firm
-
NWA Restoreit Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.03M
Owner & transaction history
Objection Sustained LLC · 4 yrs held
Objection Sustained LLC
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+12.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,050,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,435,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,615,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.00M (Mar 31 2022)
Last sale anchor
$1.00M
Mar 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,837
Tax year 2023
Assessed value
$147,320
Assessed 2023
Previous assessed
$147,320
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$17,730
Assessed improvement
$129,590
Land market value
$88,650
Improvement market value
$647,950
Total market value
$736,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
2
Total area
9,000 SF
Lot
0.5 ac (21,780 SF)
APN
12-01278-000
UPID
US05-2391436
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Objection Sustained LLC
Entity
Mailing address
117 PARKWOOD ST, LOWELL, AR 72745-8807
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$1,000,000
Objection Sustained LLC
Mor Wise Investments LLC
Warranty Deed
$1,310,000 · First State Bank
Feb 14, 2022
—
Mor Wise Investments LLC
Jeffrey Wisener
Quit Claim Deed
related
—
Apr 20, 2021
—
Lowel Arkansas LLC
—
Deed
related
$807,500 · Grand Savings Bank
Mar 20, 2018
—
Lowell Partners LLC
—
Deed
related
$461,214 · Arvest Mtg
Aug 30, 2007
—
Lowell Partners LLC
Cooper,darron R & Stacey L
Grant Deed
related
—
Nov 17, 2005
$1,250,000
Darron R Cooper
117 Parkwood LLC
Warranty Deed
—
—
—
Lowell Partners LLC
—
Loan Modification
related
$461,214 · Arvest Mtg
—
—
Jeffrey S Wisener
—
Deed Of Trust
related
$1,125,000 · First State Bank
—
—
Lowell Partners LLC
—
Deed Of Trust
related
$1,063,067 · Arvest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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