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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Refrigerated & Cold Storage
190 Cor Stone Rd Alexander, AR 72002-8686
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-2356967
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1999
Total area
8,352 SF
Lot
1.1 ac (47,916 SF)
APN
810-66001-004
UPID
US05-2356967
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
$855k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$840k
Owner & transaction history
Xi Huang · 4 yrs held
Xi Huang
since 2022
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+139.7%
Retail stores
$940,000
+138.3%
Auto repair, garage
$760,000
+92.4%
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 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
$830,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$945,000
Change: +140% · Conversion: Difficult
RETAIL STORES
$940,000
Change: +138% · Conversion: Moderate
AUTO REPAIR, GARAGE
$760,000
Change: +92% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $900k (Feb 25 2022)
Last sale anchor
$900k
Feb 25 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
$101 / 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
$6,186
Tax year 2024
Assessed value
$119,190
Assessed 2024
Previous assessed
$119,190
+0.0% YoY
Effective rate
5.19%
On assessed value
Assessed land
$11,000
Assessed improvement
$108,190
Land market value
$55,000
Improvement market value
$540,950
Total market value
$595,950
Applied tax rate
257.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,352 SF
Lot
1.1 ac (47,916 SF)
APN
810-66001-004
UPID
US05-2356967
Jurisdiction
SALINE
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
OFFICE BUILDING
Est. value
$945,000
RETAIL STORES
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$760,000
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Xi Huang
Individual
Mailing address
15 HEATHER RDG LN, MONTVALE, NJ 07645-1143
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
$900,000
Xi Huang
Horn Cold Storage Vi LLC
Special Warranty Deed
$585,000 · Relyance Bank NA
Feb 13, 2020
$633,389
Hom Cold Storage Vi LLC
Rabb Investments LLC
Special Warranty Deed
$1,950,000 · Simmons Bank
Apr 2, 2014
—
Rabb Investments LLC
Rabb Investment Holdings LP
Quit Claim Deed
related
—
Jan 24, 2012
$325,000
Investment Holdings LP Rabb
Milligan,dennis & Tina
Warranty Deed
related
$605,550 · Union Bank & Trust
Sep 23, 2008
$277,000
Dennis Milligan
Custom Bldrs & Developers LLC
Warranty Deed
$268,600 · Heartland Community Bank
Feb 5, 2007
$260,000
Custom Bldrs & Developers LLC
Glen Brown Excavating LLC
Warranty Deed
$248,000 · Summit Bank
—
—
Rabb Investments LLC
—
Deed Of Trust
related
$556,918 · Union Bk&tr
—
—
Dennis Milligan
—
Deed Of Trust
related
—
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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