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Property profile & analytics
FOR SALE
Bowling alleys
1490 Highway 412 W Siloam Springs, AR 72761
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0244636
For Sale
1 / 40
$1,700,000
1490 Highway 412 W, Siloam Springs, AR 72761
View Listing →
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Total area
15,000 SF
Lot
2.64 ac (114,998 SF)
APN
03-01924-000
UPID
US05-0244636
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
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Kingpins Family Entertainment LLC · 4 yrs held
Kingpins Family Entertainment LLC
since 2022
Last sale
$935,000
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 Siloam Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Siloam Springs 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
$980,000
ML approach
$1,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,540,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,525,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,390,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,270,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $935k (Mar 18 2022)
Last sale anchor
$935k
Mar 18 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
$65 / 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
$10,508
Tax year 2023
Assessed value
$182,430
Assessed 2023
Previous assessed
$182,430
+0.0% YoY
Effective rate
5.76%
On assessed value
Assessed land
$135,530
Assessed improvement
$46,900
Land market value
$677,650
Improvement market value
$234,500
Total market value
$912,150
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
Bowling alleys
Use group
BOWLING ALLEY
Status
For Sale
Heating
NONE
Cooling
NONE
Stories
1
Total area
15,000 SF
Lot
2.64 ac (114,998 SF)
APN
03-01924-000
UPID
US05-0244636
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
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.64 ac
Current owner
From public records · entity-resolved
Kingpins Family Entertainment LLC
Entity
Mailing address
PO BOX 6869, SILOAM SPRINGS, AR 72761-6869
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
$935,000
Kingpins Family Entertainment LLC
Ricky Ligeclark JR
Warranty Deed
$782,413 · Carson Community Bank
Dec 17, 2020
$935,000
Kingpins Fam Entertainment LLC
Richard L JR
Grant Deed
related
—
Sep 24, 2014
—
Clark,richard L JR & Nancy M
—
Trustees Deed
related
$325,000 · First Bk
Jul 28, 2014
$299,000
Clark,ricky L JR & Nancy M
Clark,lynn
Warranty Deed
related
$325,000 · First Bk
Jul 28, 2014
—
Ricky L Clark JR.
Dunlap Betty Trust
Grant Deed
related
—
Oct 30, 2008
$33,850
Arkansas St. Highway Commission
Dunlap Hurcel & Betty Trust
Warranty Deed
—
Oct 8, 2008
—
Lynn Clark
Dunlap Hurcel Trust
Grant Deed
related
—
Sep 17, 2008
—
Dunlap Hurcel & Betty Trust
—
Trustees Deed
related
$320,832 · Decatur State Bank
—
—
Dunlap,betty Trust
—
Loan Modification
related
$145,124 · Decatur State Bank
—
—
Clark,richard L JR & Nancy M
—
Loan Modification
related
—
—
—
Dunlap Hurcel & Betty Trust
—
Deed Of Trust
related
$320,832 · Decatur State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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