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Property profile & analytics
OFF-MARKET
Estimated value
$9,155,000
High-rise multifamily apartments
13820 Ar 279th Hwy, Gravette, AR 72736
Entity Owned
4-yr Hold
Free & Clear
Property ID
US05-0311961
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2006
Total area
42,131 SF
Lot
4.72 ac (205,603 SF)
APN
11-00002-114
UPID
US05-0311961
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
$10.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.02M
Blend (final)
Blend
$9.16M
Owner & transaction history
Sbs Nw Ar 2021 LLC · 4 yrs held
Sbs Nw Ar 2021 LLC
since 2021
Last sale
$8.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.8M
+5.4%
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 Gravette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gravette 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
$9,690,000
ML approach
$10,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$14,075,000
Current use
RESTAURANT
$14,835,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$11,520,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$9.16M
Range $8.24M – $10.07M · ±10% · vs last sale $8.60M (Jul 23 2021)
Last sale anchor
$8.60M
Jul 23 2021
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
$217 / 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
$28,875
Tax year 2023
Assessed value
$588,690
Assessed 2023
Previous assessed
$588,690
+0.0% YoY
Effective rate
4.90%
On assessed value
Assessed land
$14,160
Assessed improvement
$574,530
Land market value
$70,800
Improvement market value
$2,872,650
Total market value
$2,943,450
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
42,131 SF
Lot
4.72 ac (205,603 SF)
APN
11-00002-114
UPID
US05-0311961
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$14.1M
RESTAURANT
Est. value
$14.8M
MEDICAL BUILDING
Est. value
$11.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
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
Year built
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.72 ac
Current owner
From public records · entity-resolved
Sbs Nw Ar 2021 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4045 PECOS ST STE #201, DENVER, CO 80211-2567
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
—
Sbs Nw Ar 2021 LLC
—
Deed
related
$462,500 · Bank Of America NA
Jul 23, 2021
$8,600,000
Sbs Nw Ar 2021 LLC
Securecare Self Storage LLC
Warranty Deed
—
Sep 14, 2020
—
Securecare Self Storage LLC
—
Deed
related
$2,960,000 · First Security Bank
Aug 9, 2016
—
Securecare Self Storage LLC
—
Trustees Deed
related
$2,380,407 · Arvest Mtg
—
—
Securecare Self Storage LLC
—
Deed Of Trust
related
$144,370 · Delta Trust & Bank
—
—
Securecare Self Storage LLC
—
Deed Of Trust
related
$144,370 · Delta Trust & 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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