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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Flex space
1216 Riv St, Benton, AR 72015-5225
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0302702
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Total area
32,134 SF
Lot
4.95 ac (215,622 SF)
APN
805-21386-000
UPID
US05-0302702
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$634k
Blend (final)
Blend
$530k
Owner & transaction history
Gres Properties LLC · 4 yrs held
Gres Properties LLC
since 2022
Last sale
$480,000
7 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
Method
Estimation
Statistic approach
$445,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$740,000
Current use
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $480k (Mar 10 2022)
Last sale anchor
$480k
Mar 10 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
$16 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,251
Tax year 2024
Assessed value
$92,610
Assessed 2024
Previous assessed
$92,610
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$14,850
Assessed improvement
$77,760
Land market value
$74,250
Improvement market value
$388,800
Total market value
$463,050
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
32,134 SF
Lot
4.95 ac (215,622 SF)
APN
805-21386-000
UPID
US05-0302702
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$740,000
INDUSTRIAL (GENERAL) Current
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
1
Lot
4.95 ac
Current owner
From public records · entity-resolved
Gres Properties LLC
Entity
Mailing address
502 PROVIDENCE DR, BRYANT, AR 72022-7017
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Gres Properties LLC
—
Deed
related
$120,000 · Merchants & Farmers Bank
Apr 9, 2025
—
Gres Properties LLC
—
Deed
related
$450,000 · Merchants & Farmers Bank
Mar 10, 2022
$480,000
Gres Properties LLC
Wjlc Properties LLC
Warranty Deed
$452,400 · Bank Of The Ozarks
Dec 21, 2012
$400,000
Wjlc Properties LLC
Brown,michelle
Warranty Deed
—
Jul 2, 2007
—
Michelle Brown
D & L Enterprieses
Warranty Deed
related
—
Jun 15, 2007
—
Michelle Brown
—
Trustees Deed
related
$479,266 · Regions Bank
—
—
Michelle Brown
—
Deed Of Trust
related
$381,343 · Regions Bank
—
—
Michelle Brown
—
Loan Modification
related
$449,135 · Regions 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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