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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Hotels
2350 Sanders Rd, Conway, AR 72032-2802
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0284869
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Total area
42,568 SF
Lot
1.39 ac (60,548 SF)
APN
710-08193-102
UPID
US05-0284869
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
$3.07M
CAP Approach
CAP
$3.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.16M
Owner & transaction history
Om Conway LLC · 4 yrs held
Om Conway LLC
since 2021
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+121.2%
Office building
$3.6M
+110.3%
Retail stores
$3.2M
+88.7%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$3,070,000
ML approach
$3,065,000
CAP Approach
CAP Return
Estimation
6%
$4,270,000
6.5%
$3,940,000
7%
$3,660,000
Alternative Use
Use
Estimation
RESTAURANT
$3,740,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$3,555,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$3,190,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,545,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$2,130,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $3.25M (Oct 25 2021)
Last sale anchor
$3.25M
Oct 25 2021
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
$74 / 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
$21,658
Tax year 2023
Assessed value
$428,020
Assessed 2023
Previous assessed
$428,020
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$93,700
Assessed improvement
$334,320
Land market value
$468,500
Improvement market value
$1,671,600
Total market value
$2,140,100
Applied tax rate
1.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2010
Heating
NONE
Cooling
NONE
Stories
3
Total area
42,568 SF
Lot
1.39 ac (60,548 SF)
APN
710-08193-102
UPID
US05-0284869
Jurisdiction
FAULKNER
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
RESTAURANT
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.1M
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2010
Heating
NONE
Cooling
Yes
Stories
3
Lot
1.39 ac
Current owner
From public records · entity-resolved
Om Conway LLC
Entity
Mailing address
9209 RPD WATER DR, SHERWOOD, AR 72120-2838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
—
Om Conway LLC
—
Deed
related
$3,300,000 · Southern Bank
Oct 25, 2021
$3,251,000
Om Conway LLC
Shiv Hospitality LLC
Warranty Deed
$2,971,000 · Bank Of George
Apr 13, 2020
—
Shiv Hospitality LLC
—
Deed
related
—
Apr 4, 2019
—
Shiva Hospitality LLC
—
Deed
related
$50,000 · First Community Bank
Apr 25, 2017
—
Shiv Hospitality LLC
—
Deed
related
—
Dec 8, 2011
—
64/65 Properties LLC
64/65 Ptshp
Quit Claim Deed
related
$1,760,000 · Bancorp South Bank
Dec 18, 2008
—
Shiv Hospitality LLC
—
Trustees Deed
related
$3,455,000 · First Community Bank
Oct 16, 2007
$607,666
Shiv Hospitality LLC
64/65 Partnership
Grant Deed
related
—
—
—
Shiv Hospitality LLC
—
Loan Modification
related
—
—
—
Shiv Hospitality LLC
—
Loan Modification
related
—
—
—
Shiv Hospitality LLC
—
Loan Modification
related
—
—
—
Shiv Hospitality LLC
—
Loan Modification
related
—
—
—
Shiv Hospitality LLC
—
Loan Modification
related
—
—
—
Shiv Hospitality LLC
—
Deed Of Trust
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.
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