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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Hotels
2400 Sanders Rd, Conway, AR 72032-2832
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0397683
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2020
Total area
60,172 SF
Lot
2.24 ac (97,574 SF)
APN
710-08188-005
UPID
US05-0397683
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
$3.13M
Blend (final)
Blend
$3.19M
Owner & transaction history
Conway Hospitality Group LLC · 7 yrs held
Conway Hospitality Group LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+121.2%
Office building
$5.0M
+110.3%
Retail stores
$4.5M
+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
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
HOTEL/MOTEL
$2,390,000
Current use
RESTAURANT
$5,290,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$5,030,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$4,510,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,600,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$3,010,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,160,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±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
$53 / 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
$44,257
Tax year 2023
Assessed value
$874,640
Assessed 2023
Previous assessed
$1,494,940
-41.5% YoY
Effective rate
5.06%
On assessed value
Assessed land
$127,020
Assessed improvement
$747,620
Land market value
$635,100
Improvement market value
$3,738,100
Total market value
$4,373,200
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
2020
Heating
NONE
Cooling
NONE
Stories
4
Total area
60,172 SF
Lot
2.24 ac (97,574 SF)
APN
710-08188-005
UPID
US05-0397683
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
HOTEL/MOTEL Current
Est. value
$2.4M
RESTAURANT
Est. value
$5.3M
OFFICE BUILDING
Est. value
$5.0M
RETAIL STORES
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.2M
HOTEL/MOTEL Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2020
Heating
NONE
Cooling
Yes
Stories
4
Lot
2.24 ac
Current owner
From public records · entity-resolved
Conway Hospitality Group LLC
Entity
Mailing address
119 S IZARD ST STE #200, LITTLE ROCK, AR 72201-2134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Oct 5, 2023
—
Conway Hospitality Group LLC
—
Deed
related
$7,800,000 · The Malvern National Bank
Jan 18, 2019
$1,402,996
Conway Hospitality Group LLC
River Valley Lodging LLC
Warranty Deed
$8,167,950 · Arvest Bank
Feb 21, 2017
$1,395,000
River Valley Lodging LLC
RT Wstn Missouri Franchise LLC
Grant Deed
$697,500 · Relyance Bk NA
Jun 25, 2007
$775,000
RT Wstn Missouri Franchise LLC
Ruby Tuesday INC
Warranty Deed
—
—
—
RT Wstn Missouri Franchise LLC
—
Loan Modification
related
$1,800,000 · First Franchise Cap
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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