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Property profile & analytics
OFF-MARKET
Office buildings
222 Hervey St Hope, AR 71801-3613
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-1817391
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
2,964 SF
Lot
0.22 ac (9,627 SF)
APN
700-02124-000-C
UPID
US05-1817391
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
-
Elle’s Tail’s Grooming Studios Pet Grooming Service
-
The Law Offices of Flint, Crawford & Cogburn Law Firm
-
Be-Dazzled Clothing & Fashion Store
-
Anytime Nutrition Physician
-
Allied Home Mtg Capital Corporation Loan Service Bank
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
Robbie Neil Barwick · 1 yrs held
Robbie Neil Barwick
since 2024
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 Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hope 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
$1,834
Tax year 2023
Assessed value
$36,910
Assessed 2024
Previous assessed
$36,910
+0.0% YoY
Effective rate
4.97%
On assessed value
Assessed land
$6,740
Assessed improvement
$30,170
Land market value
$33,700
Improvement market value
$150,850
Total market value
$184,550
Applied tax rate
101.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Total area
2,964 SF
Lot
0.22 ac (9,627 SF)
APN
700-02124-000-C
UPID
US05-1817391
Jurisdiction
HEMPSTEAD
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
1970
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Robbie Neil Barwick
Individual
Mailing address
4306 AMESDALE DR, TEXARKANA, TX 75503-0507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 29, 2024
—
Robbie Neil Barwick
—
Deed
related
$7,985 · Diamond Bank
Mar 6, 2023
—
Robbie N Barwick
—
Deed
related
$67,055 · Diamond Bank Fsb
Jun 22, 2022
—
Robert N Barwick
—
Deed
related
$339,301 · Diamond Bank Fsb
Jul 16, 2021
—
Barwick Rental&storage
—
Deed
related
$161,639 · Diamond Bank Fsb
Jun 26, 2017
—
Garron D Helm
—
Deed
related
$153,315 · Bank Of Delight
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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