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Property profile & analytics
OFF-MARKET
Auto shops
2637 Hwy 270th E, Mount Ida, AR 71957-8068
Individually Owned
7-yr Hold
Free & Clear
Property ID
US05-0478774
Property summary
AI-generated overview
This 4.95-acre property is located just outside of Mount Ida, AR, and features 380 feet of frontage on Highway 270 East. The parcel includes a 45x60 Heritage insulated metal building with a concrete floor and four 12-foot roll-up doors. The building also contains a full bathroom with a walk-in shower and an office that could serve as living quarters. Additionally, there is a pole barn on the property. It was previously operated as a transmission shop. Water is supplied by city water, and the property has a septic system. The back part of the land offers ample space to build a house. Located minutes from Lake Ouachita, this property could serve as a weekend retreat or a business/home combination.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1990
Total area
2,400 SF
Lot
4.95 ac (215,622 SF)
APN
050-00002-001
UPID
US05-0478774
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
Norma Zell Nieto · 7 yrs held
Norma Zell Nieto
since 2019
2 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 Mount Ida submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Ida 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
$669
Tax year 2023
Assessed value
$17,270
Assessed 2024
Previous assessed
$17,270
+0.0% YoY
Effective rate
3.87%
On assessed value
Assessed land
$10,940
Assessed improvement
$6,330
Land market value
$54,700
Improvement market value
$31,650
Total market value
$86,350
Applied tax rate
162.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,400 SF
Lot
4.95 ac (215,622 SF)
APN
050-00002-001
UPID
US05-0478774
Jurisdiction
MONTGOMERY
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
1990
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.95 ac
Current owner
From public records · entity-resolved
Norma Zell Nieto
Individual
Free & Clear · 7 yrs held
Mailing address
2637 HWY 270TH E, MOUNT IDA, AR 71957-8068
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2019
—
Norma Zell Nieto
Rick Nieto
Intrafamily Transfer
related
—
May 13, 2016
—
Rick Meto
—
Deed
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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