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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Office buildings
2961 Pt Cir, Fayetteville, AR 72704-6986
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0855628
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
6,500 SF
Lot
0.46 ac (20,168 SF)
Zoning code
C-2
APN
765-17435-000
UPID
US05-0855628
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
-
Gentiva Personal Care Nursing Home Personal Trainer
-
Edward Jones - Financial Advisor: Blake M Maxwell Financial Advisor
-
Levar Law Injury & Accident Lawyers Law Firm
-
Southern Branding Marketing & Advertising
-
Ricoh USA Inc Print Shop Printer Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.43M
Owner & transaction history
Eal Properties LLC · 4 yrs held
Eal Properties LLC
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
C-2 · Fayetteville, AR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+87.7%
Retail stores
$1.3M
+27.7%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$1,210,000
ML approach
$1,230,000
CAP Approach
CAP Return
Estimation
6%
$1,745,000
6.5%
$1,610,000
7%
$1,495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,055,000
Current use
RESTAURANT
$1,980,000
Change: +88% · Conversion: Moderate
RETAIL STORES
$1,345,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.54M (Mar 1 2022)
Last sale anchor
$1.54M
Mar 1 2022
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
$219 / 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
$20,392
Tax year 2024
Assessed value
$357,750
Assessed 2024
Previous assessed
$357,750
+0.0% YoY
Effective rate
5.70%
On assessed value
Assessed land
$36,300
Assessed improvement
$321,450
Land market value
$181,500
Improvement market value
$1,607,250
Total market value
$1,788,750
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
5
Total area
6,500 SF
Lot
0.46 ac (20,168 SF)
Zoning code
C-2
APN
765-17435-000
UPID
US05-0855628
Jurisdiction
WASHINGTON
Zoning & alternative use
C-2 · Fayetteville, AR
Zoning C-2 · permitted uses
C-2 · Fayetteville, AR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.0M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
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
2008
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
5
Lot
0.46 ac
Current owner
From public records · entity-resolved
Eal Properties LLC
Entity
Mailing address
702 CADDO ST, ARKADELPHIA, AR 71923-5916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$1,540,000
Eal Properties LLC
Hillcrest Holdings LLC
Warranty Deed
$1,200,000 · Southern Bancorp Bank
Sep 16, 2016
—
Hillerst Holdings LLC
—
Deed
related
$96,000 · Legacy National Bank
Apr 5, 2006
$150,000
Monroe North Point LLC
Steven J Fowler
Warranty Deed
—
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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