New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Warehouses
1420 Park St, Carlisle, AR 72024-9509
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US05-0623235
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
4,000 SF
Lot
15.66 ac (682,150 SF)
APN
731-90151-000
UPID
US05-0623235
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
-
Carlisle Implement Co Big Box & Wholesale Store Agricultural Supply
-
Progressive Tractor and Implement Carlisle, AR Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$322k
Blend (final)
Blend
$525k
Owner & transaction history
Progressive Tractor Holdings LLC · 3 yrs held
Progressive Tractor Holdings LLC
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$380,000
+152.1%
Office building
$340,000
+127.1%
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 Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlisle 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
$510,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$380,000
Change: +152% · Conversion: Moderate
OFFICE BUILDING
$340,000
Change: +127% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $550k (Jul 22 2022)
Last sale anchor
$550k
Jul 22 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
$131 / 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
$6,724
Tax year 2023
Assessed value
$125,880
Assessed 2024
Previous assessed
$125,880
+0.0% YoY
Effective rate
5.34%
On assessed value
Assessed land
$17,040
Assessed improvement
$108,840
Land market value
$85,200
Improvement market value
$544,200
Total market value
$629,400
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
4,000 SF
Lot
15.66 ac (682,150 SF)
APN
731-90151-000
UPID
US05-0623235
Jurisdiction
LONOKE
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
RETAIL STORES
Est. value
$380,000
OFFICE BUILDING
Est. value
$340,000
RETAIL STORES
OFFICE 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
1975
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
15.66 ac
Current owner
From public records · entity-resolved
Progressive Tractor Holdings LLC
Entity
Mailing address
5017 50TH S, OPELOUSAS, LA 70570
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
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
$550,000
Progressive Tractor Holdings LLC
Heritage Agriculture Of Ar At Carli
Warranty Deed
$1,564,000 · The Evangeline Bank & Trust Co
Oct 21, 2020
—
Heritage Agriculture Of Arkansas
—
Deed
related
$5,000,000 · Bank Of England
Nov 8, 2019
—
Heritage Agriculture Of Arkansas
—
Trustees Deed
related
$5,000,000 · Bank Of England
Oct 1, 2018
—
Heritae Agiculture Of Arkansas
—
Grant Deed
related
$16,450,000 · Bank Of England
Oct 17, 2017
—
Heritage-carlisle
—
Trustees Deed
related
$5,000,000 · Bank Of England
Jun 14, 2017
—
Heritage Agriculture Of Arkans
—
Deed
related
$5,000,000 · Bank Of England
Oct 6, 2016
—
Heritage Agriculture Of Arkansas
—
Deed Of Trust
related
$13,450,000 · Bank Of England
Jan 31, 2013
—
Heritage Agriculture Of Arkansas
—
Deed Of Trust
related
$1,121,450 · Lonoke Bkng Ctr
Jan 23, 2013
—
Heritage Agriculture Of Arkansas/
Carlisle Implement Co INC
Warranty Deed
related
—
Jul 6, 2005
—
Carlisle Implement Co INC
—
Trustees Deed
related
$1,000,000 · First State Bank
Jul 2, 1990
$325,000
Carlisle Implement Co INC
Owner Name Unavailable
Grant Deed
related
—
—
—
Carlisle Implement Co INC
—
Loan Modification
related
$208,827 · First State Bank
—
—
Heritage Agriculture Of Arkansas
—
Deed Of Trust
related
$16,450,000 · Bank Of England
—
—
Heritage Agriculture Of Arkansas
—
Loan Modification
related
$5,000,000 · Bank Of England
—
—
Heritae Agriculture Of Arkansa
—
Loan Modification
related
$61,000,000 · Bank Of England
—
—
Heritage Agriculture Of Arkans
—
Loan Modification
related
$5,000,000 · Bank Of England
—
—
Heritage Agriculture Of Arkans
—
Loan Modification, Consolidation And Extension
related
$16,450,000 · Bank Of England
—
—
Heritage Agriculture Of Arkans
—
Loan Modification
related
$5,000,000 · Bank Of England
—
—
Carlisle Implement Co INC
—
Loan Modification
related
$925,000 · First State Bank
—
—
Carlisle Implement Co INC
—
Loan Modification
related
$925,000 · First State Bank
—
—
Heritage Agriculture Of Arkansas
—
Loan Modification
related
$2,050,000 · Bank Of England
—
—
Heritage Agriculture Of Arkansas
—
Loan Modification
related
$16,450,000 · Bank Of England
—
—
Heritage Agriculture Of Arkansas
—
Loan Modification
related
$16,450,000 · Bank Of England
—
—
Heritage Agriculture Of Arkansas
—
Loan Modification
related
$1,072,765 · Bank Of England-lonoke
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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