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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Outlet malls
15620 Alexander Rd, Alexander, AR 72002
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-1876625
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2014
Total area
9,040 SF
Lot
0.98 ac (42,689 SF)
APN
45X-002-02-001-00
UPID
US05-1876625
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
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.21M
Owner & transaction history
Keltner Properties Corporation · 3 yrs held
Keltner Properties Corporation
since 2022
Last sale
$40,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+30.8%
Commercial (general)
$1.3M
+10.6%
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 Alexander submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexander 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,285,000
7%
$1,190,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,195,000
Current use
MEDICAL BUILDING
$1,560,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,320,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±10% · vs last sale $40k (Jan 5 2024)
Last sale anchor
$40k
Jan 5 2024
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
$133 / 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
$10,211
Tax year 2024
Assessed value
$183,000
Assessed 2024
Previous assessed
$183,000
+0.0% YoY
Effective rate
5.58%
On assessed value
Assessed land
$33,709
Assessed improvement
$149,291
Land market value
$168,545
Improvement market value
$746,455
Total market value
$915,000
Applied tax rate
7.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2014
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,040 SF
Lot
0.98 ac (42,689 SF)
APN
45X-002-02-001-00
UPID
US05-1876625
Jurisdiction
PULASKI
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 Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2014
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Keltner Properties Corporation
Entity
Free & Clear · 3 yrs held
Mailing address
14 RIVERWOOD PL, MAUMELLE, AR 72113-6494
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
$1,396,760
Keltner Properties Corporation
Ztb Development Co LLC
Warranty Deed
—
Sep 8, 2021
—
Ztb Development Co LLC
—
Deed
related
$750,000 · The Malvern National Bank
Oct 2, 2020
$1,338,188
Dg Roland LLC
Pb General Hldgs Roland LLC
Grant Deed
$615,000 · Armor Bk
Sep 15, 2020
—
Pb General Hldgs Alexander Il
—
Deed
related
$1,014,271 · First Nat'l Bk/rogers
Jul 22, 2019
$250,000
Pb General Holdings LLC
Crew R/e Invs LLC
Correction Deed
related
—
—
—
Pb General Hldgs Alexander Il
—
Deed Of Trust
related
$1,014,271 · First Nat'l Bk/rogers
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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