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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Auto shops
3657 Southland Dr, West Memphis, AR 72301-6301
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0314008
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
7,200 SF
Lot
2.55 ac (111,078 SF)
APN
391700100000
UPID
US05-0314008
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
-
ELH Truck and Trailer Repair Auto Repair Shop
-
ELH Truck & Trailer Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$660k
Owner & transaction history
Elh Truck & Trailer Repair LLC · 4 yrs held
Elh Truck & Trailer Repair LLC
since 2021
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$795,000
+77.8%
Restaurant
$740,000
+65.5%
Commercial (general)
$725,000
+61.5%
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 West Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Memphis 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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$450,000
Current use
OFFICE BUILDING
$795,000
Change: +78% · Conversion: Difficult
RESTAURANT
$740,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: +62% · Conversion: Moderate
MEDICAL BUILDING
$665,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $700k (Dec 30 2021)
Last sale anchor
$700k
Dec 30 2021
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
$92 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,136
Tax year 2023
Assessed value
$211,700
Assessed 2024
Previous assessed
$211,700
+0.0% YoY
Effective rate
4.79%
On assessed value
Assessed land
$63,230
Assessed improvement
$148,470
Land market value
$316,150
Improvement market value
$742,350
Total market value
$1,058,500
Applied tax rate
114.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
7,200 SF
Lot
2.55 ac (111,078 SF)
APN
391700100000
UPID
US05-0314008
Jurisdiction
CRITTENDEN
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
AUTO REPAIR, GARAGE Current
Est. value
$450,000
OFFICE BUILDING
Est. value
$795,000
RESTAURANT
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$725,000
MEDICAL BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$625,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1997
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.55 ac
Current owner
From public records · entity-resolved
Elh Truck & Trailer Repair LLC
Entity
Mailing address
408 CHARLESTON CV, MARION, AR 72364-2673
Ownership since
2021
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
Dec 18, 2023
—
Elh Truck & Trailer Repair LLC
—
Deed
related
$41,500 · Regions Bank
Dec 30, 2021
$700,000
Elh Truck & Trailer Repair LLC
Blue Speed LLC
Warranty Deed
$560,000 · Evolve Bank & Trust
Mar 12, 2007
$685,000
Blue Speed LLC
Not Provided
Warranty Deed
—
Jul 24, 2006
—
Arkansas Capital Corporation
Take Time Express Truck Lube,llc
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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