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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Banks
400 Highland Dr, Jonesboro, AR 72401-6236
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US05-1201729
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Total area
11,003 SF
Lot
4.39 ac (191,228 SF)
APN
01-144191-40000
UPID
US05-1201729
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
-
Farmers and Merchants Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$635k
Owner & transaction history
Ww Holdings LLC · 8 yrs held
Ww Holdings LLC
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+42.6%
Auto repair, garage
$935,000
+27.7%
Office building
$885,000
+20.6%
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 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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$735,000
Current use
RESTAURANT
$1,045,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$935,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$885,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$815,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$730,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$670,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$58 / 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
$43,205
Tax year 2024
Assessed value
$1,023,824
Assessed 2024
Previous assessed
$1,023,824
+0.0% YoY
Effective rate
4.22%
On assessed value
Assessed land
$201,532
Assessed improvement
$822,292
Land market value
$1,007,660
Improvement market value
$4,111,460
Total market value
$5,119,120
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
11,003 SF
Lot
4.39 ac (191,228 SF)
APN
01-144191-40000
UPID
US05-1201729
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
FINANCIAL BUILDING Current
Est. value
$735,000
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$935,000
OFFICE BUILDING
Est. value
$885,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$815,000
RETAIL STORES
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$725,000
MEDICAL BUILDING
Est. value
$670,000
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.39 ac
Current owner
From public records · entity-resolved
Ww Holdings LLC
Entity
Mailing address
400 E HIGHLAND DR, JONESBORO, AR 72401-6236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Aug 25, 2025
—
Nea Property Holdings LLC
—
Deed
related
$233,750 · The Farmers & Merchants Bank
Aug 5, 2025
—
Daniel S Williams
—
Deed
related
$30,000 · The Farmers & Merchants Bank
Jul 3, 2025
—
Leslie Ann Properties LLC
—
Deed
related
$317,178 · The Farmers & Merchants Bank
Nov 17, 2017
$189,000
Ww Holdings LLC
Wisdom Investments LLC
Deed
$170,000 · Bear State Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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