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Property profile & analytics
OFF-MARKET
Industrial land
302 Main St, Gravette, AR 72736
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0389025
Property summary
AI-generated overview
This exceptional 7,796 square foot property located at 302 Main Street in Gravette, Arkansas presents a truly unique investment opportunity. Situated on a generous 13.9-acre lot, this historic shelling plant offers endless possibilities for redevelopment. Its central Gravette location provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Imagine transforming this substantial building into a vibrant retail space, a bustling restaurant complex, a captivating event center, or even an open-air market similar to the popular 8th Street model. The possibilities are truly limitless, allowing for creative adaptation to suit a wide range of business concepts. All utilities are reportedly on-site
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Total area
18,826 SF
Lot
2.57 ac (111,949 SF)
APN
11-00682-000
UPID
US05-0389025
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
Green Dreams LLC · 20 yrs held
Green Dreams LLC
since 2005
3 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 Gravette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gravette 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
$321
Tax year 2023
Assessed value
$33,585
Assessed 2023
Previous assessed
$25,220
+33.2% YoY
Effective rate
0.96%
On assessed value
Assessed land
$33,585
Land market value
$167,925
Total market value
$167,925
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Stories
1
Total area
18,826 SF
Lot
2.57 ac (111,949 SF)
APN
11-00682-000
UPID
US05-0389025
Jurisdiction
BENTON
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
Heating
NONE
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Green Dreams LLC
Entity
Mailing address
601 1ST AVE NW, GRAVETTE, AR 72736-9779
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Oct 20, 2014
—
Green Dreams LLC
—
Grant Deed
related
$3,823,000 · Macon Bk
Nov 16, 2012
—
Green Dreams LLC
—
Trustees Deed
related
$250,000 · Bank Of Gravett
Nov 2, 2005
$500,000
Green Dreams LLC
Hammons Products
Warranty Deed
$500,000 · Bank Of Gravett
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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