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Property profile & analytics
FOR SALE
Drive through restaurants
2002 S Promenade Blvd, Rogers, AR 72758
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0450642
For Sale
$841,000
2002 S Promenade Blvd, Rogers, AR 72758
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2013
Total area
2,296 SF
Lot
0.85 ac (37,026 SF)
APN
02-19294-001
UPID
US05-0450642
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
-
Slim Chickens Restaurant
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
Hillcrest Holdings LLC · 11 yrs held
Hillcrest Holdings LLC
since 2015
5 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 Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers 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
$12,481
Tax year 2023
Assessed value
$235,940
Assessed 2023
Previous assessed
$235,940
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$148,930
Assessed improvement
$87,010
Land market value
$744,650
Improvement market value
$435,050
Total market value
$1,179,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2013
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,296 SF
Lot
0.85 ac (37,026 SF)
APN
02-19294-001
UPID
US05-0450642
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
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Hillcrest Holdings LLC
Entity
Mailing address
4095 HWY 412TH E, SILOAM SPRINGS, AR 72761-8601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Dec 4, 2020
—
Hillcrest Holdings LLC
—
Deed
related
$1,500,000 · Arvest Bank
May 18, 2015
—
Hillcrest Holdings LLC
T & C Bay Properties LLC
Warranty Deed
related
$10,000,000 · Bear St Bk NA
Jul 26, 2013
$1,581,000
T & C Bay Properties LLC
Sc Retail Dev LP
Grant Deed
$1,061,000 · Grand Bank For Savings Fsb
Sep 20, 2012
$550,000
Sc Retail Dev LP
Pinnacle Station-nwa LLC
Warranty Deed
$900,000 · Arvest Bank
—
—
T & C Bay Properties LLC
—
Deed Of Trust
related
$2,500,000 · First Fed'l Svgs Bk
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?”
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