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Property profile & analytics
FOR SALE
Turn key restaurants
1209 Edison Ave Benton, AR 72015
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0165167
For Sale
1 / 23
$475,000
1209 Edison Ave, Benton, AR 72015
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
2,150 SF
Lot
0.52 ac (22,651 SF)
APN
805-20534-000
UPID
US05-0165167
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
-
Tim’s Tavern Restaurant
-
Icehouse Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tim Steppach LLC · 3 yrs held
Tim Steppach LLC
since 2022
Last sale
$200,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Benton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$904
Tax year 2024
Assessed value
$15,949
Assessed 2024
Previous assessed
$15,949
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$4,617
Assessed improvement
$11,332
Land market value
$23,085
Improvement market value
$56,660
Total market value
$79,745
Applied tax rate
82.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,150 SF
Lot
0.52 ac (22,651 SF)
APN
805-20534-000
UPID
US05-0165167
Jurisdiction
SALINE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Tim Steppach LLC
Entity
Mailing address
328 ASHLEY, BENTON, AR 72015-4222
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
$200,000
Tim Steppach LLC
Ice House Original Grill INC
Warranty Deed
$97,000 · Centennial Bank
Feb 14, 2018
—
Peggy Atchley
—
Deed
related
$78,141 · Regions Bk
Dec 28, 2017
—
Ice House Orginal Grill
—
Deed
related
$110,500 · Farmers Bank & Trust
Jul 14, 2004
—
Orville D Atchley
—
Trustees Deed
related
$112,500 · Malvern National Bank
—
—
Peggy Atchley
—
Loan Modification
related
$78,141 · Regions Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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