New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
2023 Van Buren, Eureka Springs, AR 72632-8807
Individually Owned
~
Est. High Equity
Property ID
US05-1119287
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Total area
5,048 SF
Lot
0.39 ac (16,988 SF)
APN
925-01879-000
UPID
US05-1119287
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
David A Teigen
David A Teigen
since 2025
Last sale
$23,525
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 Eureka Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka Springs 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
$1,572
Tax year 2023
Assessed value
$31,120
Assessed 2024
Previous assessed
$266,520
-88.3% YoY
Effective rate
5.05%
On assessed value
Assessed land
$5,460
Assessed improvement
$25,660
Land market value
$27,300
Improvement market value
$128,300
Total market value
$155,600
Applied tax rate
21.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Units
72
Bathrooms
24
Total area
5,048 SF
Lot
0.39 ac (16,988 SF)
APN
925-01879-000
UPID
US05-1119287
Jurisdiction
CARROLL
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Units
72
Bathrooms
24
Lot
0.39 ac
Current owner
From public records · entity-resolved
David A Teigen
Individual
Mailing address
933 COUNTY RD 220, EUREKA SPRINGS, AR 72631-9244
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
David A Teigen
—
Deed
related
$390,602 · Arvest Bank
Jan 15, 2026
—
David A Teigen
—
Deed
related
$390,602 · Arvest Bank
Aug 27, 2025
$330,000
David A Teigen
Alyssa Lesley
Warranty Deed
$264,000 · Arvest Bank
Jul 17, 2024
—
Rooks County Holdings LLC
—
Deed
related
$290,347 · Arvest Bank
Jul 19, 2022
—
Alyssa Buffer
—
Deed
related
$150,000 · Cs Bank
Jul 30, 2021
$23,525
Cynthia Davis
Commissioner Of State Lands
Redemption Deed
related
—
Jul 8, 2020
—
Cynthia Davis
Brydan Corporation
Quit Claim Deed
related
—
Jul 22, 2014
$36,375
Vivian Thornton
Commissioner Of State Lands
Redemption Deed
related
—
Sep 3, 2009
$40,464
Total Concepts Managments Corp
Commissioner Of State Lands
Redemption Deed
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.
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?”
You own 2023 Van Buren?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
