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Property profile & analytics
OFF-MARKET
Medical Office Space
1700 University Blvd, Morrilton, AR 72110-8001
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US05-1642594
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
8,819 SF
Lot
1.19 ac (51,836 SF)
APN
006-00057-004
UPID
US05-1642594
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Zachary Dixon Properties LLC · 11 yrs held
Zachary Dixon Properties LLC
since 2014
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 Morrilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrilton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,335
Tax year 2023
Assessed value
$264,980
Assessed 2024
Previous assessed
$264,980
+0.0% YoY
Effective rate
5.41%
On assessed value
Assessed land
$54,970
Assessed improvement
$210,010
Land market value
$274,850
Improvement market value
$1,050,050
Total market value
$1,324,900
Applied tax rate
117.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2015
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,819 SF
Lot
1.19 ac (51,836 SF)
APN
006-00057-004
UPID
US05-1642594
Jurisdiction
CONWAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Zachary Dixon Properties LLC
Entity
Mailing address
PO BOX 658, MORRILTON, AR 72110-0658
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2026
—
Zachary Dixon Properties LLC
—
Deed
related
$894,622 · Simmons Bank
Mar 16, 2022
—
Zachary Dixon Properties LLC
—
Deed
related
$1,325,000 · Simmons Bank
Feb 12, 2021
—
Zachary Dixon Properties LLC
—
Deed
related
$1,003,016 · Petit Jean State Bank
Jan 11, 2021
—
Nzzb Properties LLC
—
Deed
related
$1,003,016 · Petit Jean State Bank
Sep 14, 2020
—
Zachary Dixon Properties LLC
—
Deed
related
$121,093 · Petit Jean State Bank
Jan 27, 2017
—
Zachary Dixon Properties LLC
—
Deed
related
$253,347 · Petit Jean State Bank
Jul 30, 2014
$199,000
Zachary Dixon Properties LLC
Christina Christina
Warranty Deed
—
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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