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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Outlet malls
2002 Thompson St, Springdale, AR 72764-6330
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0820514
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Total area
14,776 SF
Lot
3.3 ac (143,748 SF)
APN
815-29146-000
UPID
US05-0820514
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Laquita A. White, RPH Pharmacy
-
Aaron Williams, Pharm Pharmacy
-
Shiloh B. Love, PharmD Pharmacy
-
BLIA Vang, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.49M
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$3.41M
Owner & transaction history
Kd Real Estate Investments LLC · 4 yrs held
Kd Real Estate Investments LLC
since 2021
Last sale
$4.1M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+138.1%
Office building
$2.3M
+23.6%
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 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
$3,520,000
ML approach
$3,485,000
CAP Approach
CAP Return
Estimation
6%
$2,900,000
6.5%
$2,675,000
7%
$2,485,000
Alternative Use
Use
Estimation
RESTAURANT
$4,505,000
Change: +138% · Conversion: Easy
OFFICE BUILDING
$2,340,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±10% · vs last sale $4.08M (Nov 16 2021)
Last sale anchor
$4.08M
Nov 16 2021
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
$231 / 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
$23,178
Tax year 2024
Assessed value
$485,667
Assessed 2024
Previous assessed
$485,667
+0.0% YoY
Effective rate
4.77%
On assessed value
Assessed land
$101,060
Assessed improvement
$384,607
Land market value
$505,300
Improvement market value
$1,923,035
Total market value
$2,428,335
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
14,776 SF
Lot
3.3 ac (143,748 SF)
APN
815-29146-000
UPID
US05-0820514
Jurisdiction
WASHINGTON
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
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$2.3M
RESTAURANT
OFFICE BUILDING
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
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
3.3 ac
Current owner
From public records · entity-resolved
Kd Real Estate Investments LLC
Entity
Mailing address
PO BOX 9387, FAYETTEVILLE, AR 72703-0023
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$4,075,000
Kd Real Estate Investments LLC
Kamicutico LLC
Special Warranty Deed
$3,667,500 · First Western Bank
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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