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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Medical Office Space
2811 Longview Dr, Jonesboro, AR 72401-5919
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US05-1413935
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
7,840 SF
Lot
0.68 ac (29,621 SF)
APN
01-144293-09600
UPID
US05-1413935
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
-
Jana M. Greenwell, OT Physician
-
Lacy J. Hux, PTA Physician
-
Catherine I. Schmitt, OTR Physician
-
Now Seeing Patients at JP&O 2811 Longview Drive, Jonesboro, AR 72401 Orthotics & Prosthetics Service
-
JP&O Ottobock.care Orthotics & Prosthetics Service Medical Equipment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$690k
Owner & transaction history
Yates Holdings LLC · 16 yrs held
Yates Holdings LLC
since 2010
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$745,000
+55.7%
Auto repair, garage
$670,000
+39.5%
Office building
$630,000
+31.7%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
MEDICAL BUILDING
$480,000
Current use
RESTAURANT
$745,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$670,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +32% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$580,000
Change: +22% · Conversion: Moderate
RETAIL STORES
$520,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$515,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$88 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$16,787
Tax year 2024
Assessed value
$349,373
Assessed 2024
Previous assessed
$349,373
+0.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$35,544
Assessed improvement
$313,829
Land market value
$177,720
Improvement market value
$1,569,145
Total market value
$1,746,865
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
NONE
Stories
2
Total area
7,840 SF
Lot
0.68 ac (29,621 SF)
APN
01-144293-09600
UPID
US05-1413935
Jurisdiction
CRAIGHEAD
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
MEDICAL BUILDING Current
Est. value
$480,000
RESTAURANT
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING
Est. value
$630,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$580,000
RETAIL STORES
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$515,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
2005
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Yates Holdings LLC
Entity
Mailing address
608 MELTON CIR, JONESBORO, AR 72401-7186
Ownership since
2010
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
Apr 22, 2020
—
Yates Holdings LLC
—
Deed
related
$964,064 · Arvest Bank
May 18, 2010
$1,100,000
Yates Holdings LLC
D Squared LLC
Warranty Deed
$880,000 · Heritage Bank
Feb 15, 2007
—
D Squared LLC
Thomas F Deuter
Quit Claim Deed
related
—
Jul 18, 2006
$995,000
Gina Deuter
John David Stump INC
Warranty Deed
—
Jul 18, 2006
—
Gina Deuter
Motgomery Deuter & Deuter LLC
Intrafamily Transfer
related
$1,210,000 · First National Bank Jonesboro
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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