New search
Property profile & analytics
FOR LEASE
Strip malls
2002 S Pleasant St, Springdale, AR 72764
Entity Owned
2-yr Hold
Free & Clear
Property ID
US05-0197444
For Lease
1 / 3
$1,390,000
2002 S Pleasant St, Springdale, AR 72764
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
14,025 SF
Lot
1.33 ac (58,022 SF)
Zoning code
C2
APN
815-33734-000
UPID
US05-0197444
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
-
Aquatality Distributors Big Box & Wholesale Store
-
Dollar Tree Discount Store
-
Clover Brand Consultancy Consultant
-
Bros Distributor Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.39M
Owner & transaction history
Meadowbrook Mh Community LLC · 2 yrs held
Meadowbrook Mh Community LLC
since 2023
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
C2 · Springdale, AR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+484.4%
Restaurant
$1.4M
+318.8%
Office building
$1.2M
+256.2%
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 Springdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springdale 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
$1,200,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,950,000
Change: +484% · Conversion: Easy
RESTAURANT
$1,395,000
Change: +319% · Conversion: Difficult
OFFICE BUILDING
$1,190,000
Change: +256% · Conversion: Moderate
RETAIL STORES
$1,100,000
Change: +230% · Conversion: Easy
AUTO REPAIR, GARAGE
$925,000
Change: +178% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10% · vs last sale $1.55M (Nov 13 2023)
Last sale anchor
$1.55M
Nov 13 2023
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
$99 / 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
$16,613
Tax year 2024
Assessed value
$321,340
Assessed 2024
Previous assessed
$321,340
+0.0% YoY
Effective rate
5.17%
On assessed value
Assessed land
$66,770
Assessed improvement
$254,570
Land market value
$333,850
Improvement market value
$1,272,850
Total market value
$1,606,700
Applied tax rate
501.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2001
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,025 SF
Lot
1.33 ac (58,022 SF)
Zoning code
C2
APN
815-33734-000
UPID
US05-0197444
Jurisdiction
WASHINGTON
Zoning & alternative use
C2 · Springdale, AR
Zoning C2 · permitted uses
C2 · Springdale, AR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$925,000
COMMERCIAL (GENERAL)
RESTAURANT
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
2001
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Meadowbrook Mh Community LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 29137, SAINT LOUIS, MO 63126-0137
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
$1,550,000
Meadowbrook Mh Community LLC
Pool 6 Properties LLC
Special Warranty Deed
—
Nov 2, 2023
$1,550,000
Meadowbrook Mh Community LLC
Pool 6 Properties LLC
Special Warranty Deed
$16,000,000 · Midwest Bank Centre
Jul 13, 2023
—
Pool 6 Properties LLC
—
Deed
related
$22,500,000 · Midwest Bank Centre
Jul 14, 2021
$1,636,206
Pool 6 Properties LLC
Sfp Pool Six LLC
Special Warranty Deed
$37,420,000 · Bps Of Finance LLC
May 9, 2006
$1,765,000
Coldwater Portfolio Partners II LLC
Tkg Portfolio 10 LLC
Warranty Deed
$15,510,000 · Greenwich Capital Financial Product
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
