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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Motels
3600 Grinnell Ave Fort Smith, AR 72908-8746
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US05-1255732
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1992
Total area
25,658 SF
Lot
1.66 ac (72,310 SF)
APN
11647-0002-00000-01
UPID
US05-1255732
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
-
Rest Inn Fort Smith Hotel & Motel Bed & Breakfast
-
Rite Call Remodeling & Construction Construction Company
-
GuestHouse Ft. Smith Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$740k
Owner & transaction history
Kamal Properties LLC · 2 yrs held
Kamal Properties LLC
since 2024
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+33.6%
Commercial (general)
$880,000
+10.4%
Retail stores
$875,000
+9.6%
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 Fort Smith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Smith 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$795,000
Current use
OFFICE BUILDING
$1,065,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$880,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$875,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$795,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$29 / 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
$16,666
Tax year 2024
Assessed value
$317,450
Assessed 2024
Previous assessed
$317,450
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$23,170
Assessed improvement
$294,280
Land market value
$115,850
Improvement market value
$1,471,400
Total market value
$1,587,250
Applied tax rate
99.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Total area
25,658 SF
Lot
1.66 ac (72,310 SF)
APN
11647-0002-00000-01
UPID
US05-1255732
Jurisdiction
SEBASTIAN
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
$795,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$880,000
RETAIL STORES
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$795,000
HOTEL/MOTEL Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Kamal Properties LLC
Entity
Mailing address
3600 GRINNELL AVE, FORT SMITH, AR 72908-8746
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
$117,000
Kamal Properties LLC
Colley Investments LLC
Warranty Deed
—
Jul 5, 2019
$2,400,000
Knm Hospitality LLC
Fort Smith Motor Inn LLC
Warranty Deed
$1,600,000 · First National Bank Of Fort Smith
Sep 8, 2015
—
Fort Smith Motor Inn LLC
Oklahoma City Motor Inn LLC
Special Warranty Deed
—
Mar 18, 2008
$3,600,000
Oklahoma City Motor Inn LLC
Zader Properties LLC
Warranty Deed
$2,615,929 · Quail Creek Bank NA
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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