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Property profile & analytics
OFF-MARKET
Estimated value
$6,360,000
Assisted living facilities
2300 28th St Bentonville, AR 72712-3433
Entity Owned
6-yr Hold
Free & Clear
Property ID
US05-0285407
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2007
Total area
62,206 SF
Lot
4.41 ac (192,100 SF)
APN
01-03484-001
UPID
US05-0285407
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
-
The Meadows Independent & Assisted Living Community Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.36M
Owner & transaction history
Bathke Investments Lllp · 6 yrs held
Bathke Investments Lllp
since 2020
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 Bentonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bentonville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$7,835,000
Current use
COMMERCIAL (GENERAL)
$7,605,000
Change: -3% · Conversion: Difficult
RESTAURANT
$6,950,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,835,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$6.36M
Range $5.72M – $7.00M · ±10%
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
$102 / 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
$85,604
Tax year 2023
Assessed value
$1,512,430
Assessed 2023
Previous assessed
$1,512,430
+0.0% YoY
Effective rate
5.66%
On assessed value
Assessed land
$303,030
Assessed improvement
$1,209,400
Land market value
$1,515,150
Improvement market value
$6,047,000
Total market value
$7,562,150
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Stories
3
Total area
62,206 SF
Lot
4.41 ac (192,100 SF)
APN
01-03484-001
UPID
US05-0285407
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$7.6M
RESTAURANT
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.8M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2007
Heating
NONE
Cooling
Yes
Stories
3
Lot
4.41 ac
Current owner
From public records · entity-resolved
Bathke Investments Lllp
Entity
Free & Clear · 6 yrs held
Mailing address
2300 SE 28TH ST, BENTONVILLE, AR 72712-3433
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
—
Bathke Investments Lllp
—
Deed
related
$297,830 · Arkansas FCU
Mar 10, 2023
—
Bathke Investments Lllp
—
Deed
related
$6,086,831 · Arkansas FCU
Nov 10, 2020
—
Bathke Investments Lllp
—
Deed
related
$6,674,395 · Dcr Mortgage 10 Sub 1 LLC
Feb 12, 2020
—
Bathke Investments Lllp
—
Deed
related
—
Feb 11, 2020
—
Bathke Investments Lllp
Bathke Warren E Trust
Correction Deed
related
—
Jul 17, 2017
—
Bathke Investments Lllp
—
Trustees Deed
related
$6,850,000 · Bear St Bk NA
Mar 9, 2009
—
Investments Lllp Bathke
—
Deed Of Trust
related
$2,000,000 · Six Bridges Capital Corp
—
—
Investments Lllp Bathke
—
Deed Of Trust
related
$7,891,064 · Tierone Bank
—
—
Bathke Investments Lllp
—
Loan Modification
related
—
—
—
Bathke Investments Lllp
—
Loan Modification
related
$6,674,395 · Dcr Mortgage 10 Sub 1 LLC
—
—
Robert J Tomlinson
—
Deed Of Trust
related
$500,000 · Arvest 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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