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Property profile & analytics
OFF-MARKET
Retail space
21 2nd St, Ward, AR 72176-9164
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US05-0321193
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Total area
1,754 SF
Lot
0.43 ac (18,750 SF)
APN
800-00610-000
UPID
US05-0321193
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
Thomas Long Homes LLC · 1 yrs held
Thomas Long Homes LLC
since 2025
Last sale
$145,000
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 Ward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ward 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
$1,176
Tax year 2023
Assessed value
$23,110
Assessed 2024
Previous assessed
$23,110
+0.0% YoY
Effective rate
5.09%
On assessed value
Assessed land
$2,500
Assessed improvement
$20,610
Land market value
$12,500
Improvement market value
$103,050
Total market value
$115,550
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1982
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,754 SF
Lot
0.43 ac (18,750 SF)
APN
800-00610-000
UPID
US05-0321193
Jurisdiction
LONOKE
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
1982
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Thomas Long Homes LLC
Entity
Mailing address
600 W MAIN ST, JACKSONVILLE, AR 72076-4432
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
$145,000
Thomas Long Homes LLC
C & B Homes INC
Warranty Deed
$147,760 · Southern Bank
Jan 16, 2025
$130,000
C & B Homes INC
First Arkansas Bank & Trust
Warranty Deed
—
Feb 23, 2023
—
First Arkansas Bank & Trust
Timothy Herring
Warranty Deed
—
Nov 5, 2021
$24,000
Timothy Herring
Akim Properties LLC
Warranty Deed
$160,000 · First Arkansas Mortgage Company
Nov 5, 2021
—
Timothy Herring
Timothy Herring
Correction Deed
related
—
Mar 26, 2019
—
View Byrds E Trust
Herring,tim
Quit Claim Deed
related
—
Nov 28, 2011
—
Tim Herring
—
Trustees Deed
related
$20,000 · Arvest Bank
Sep 20, 2011
$73,000
Tim Herring
Bsm Investments LLC
Warranty Deed
$57,777 · Arvest Bank
Jun 30, 2006
$67,000
Greer,johnny & Jane Living Trust
Davis,floyd
Grant Deed
$70,000 · First Arkansas Bank & Trust
—
—
Tim Herring
—
Deed Of Trust
related
$124,586 · First Ar Bk&tr
—
—
Tim Herring
—
Deed Of Trust
related
$86,000 · Arvest Bank
—
—
Bsm Investments LLC
—
Deed Of Trust
related
$55,000 · Metropolitan National 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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