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Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Retail space
2090 Pleasant Grv Rd, Rogers, AR 72758-8096
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0807445
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
6,906 SF
Lot
1.5 ac (65,340 SF)
APN
02-16158-002
UPID
US05-0807445
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
-
Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
-
BBI Supply Building Supply Industrial Manufacturer
-
Bespoke Homes Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.07M
Owner & transaction history
Mlrs LLC · 4 yrs held
Mlrs LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+64.6%
Apartment house (5+ units)
$2.3M
+56.1%
Commercial (general)
$2.1M
+38.9%
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
Method
Estimation
Statistic approach
$2,095,000
ML approach
$2,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,475,000
Current use
RESTAURANT
$2,430,000
Change: +65% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,305,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,050,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$1,890,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,385,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10% · vs last sale $2.00M (Jun 30 2022)
Last sale anchor
$2.00M
Jun 30 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
$300 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,721
Tax year 2023
Assessed value
$448,410
Assessed 2023
Previous assessed
$448,410
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$222,380
Assessed improvement
$226,030
Land market value
$1,111,900
Improvement market value
$1,130,150
Total market value
$2,242,050
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,906 SF
Lot
1.5 ac (65,340 SF)
APN
02-16158-002
UPID
US05-0807445
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Mlrs LLC
Entity
Mailing address
5939 S 45TH ST, ROGERS, AR 72758-9028
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
$2,000,000
Mlrs LLC
Risky Investment LLC
Special Warranty Deed
$1,700,000 · First Security Bank
May 24, 2017
—
Risky Investment LLC
—
Trustees Deed
related
$3,000,000 · Legacy Nat'l Bk
Mar 20, 2017
$840,000
Rlmgb Clan INC
4-way Ptshp
Warranty Deed
—
Mar 20, 2017
—
Risky Investment LLC
Rlmgb Clan INC
Warranty Deed
related
$630,000 · Legacy Nat'l Bk
May 7, 2010
—
4-way Ptshp
—
Trustees Deed
related
$1,058,503 · Simmons First Bank Nwa
May 1, 2008
$1,177,000
4-way Ptshp
Parkway Bank
Warranty Deed
$1,176,114 · Simmons First Bank Nwa
—
—
4-way Ptshp
—
Deed Of Trust
related
$600,000 · Parkway Bk/rogers
—
—
4-way Ptshp
—
Deed Of Trust
related
$600,000 · Parkway Bk/rogers
—
—
4-way Ptshp
—
Deed Of Trust
related
$1,462,722 · Parkway Bk
—
—
4-way Ptshp
—
Deed Of Trust
related
$940,000 · Simmons First Bank Nwa
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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