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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Medical Office Space
405 Buttercup Dr Mountain Home, AR 72653-2910
Entity Owned
6-yr Hold
Free & Clear
Property ID
US05-1547892
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
15,108 SF
Lot
2.5 ac (108,900 SF)
APN
007-03226-008
UPID
US05-1547892
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
-
Lincoln Paden Medical Group Medical Clinic
-
Tracy A. Bollinger-Fisher, CNS Physician
-
Dr. Shelley J. Warr, MD Physician
-
Lance R. Lincoln, MD Physician
-
Kimberly Peters Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Hospital Development Foundation INC · 6 yrs held
Hospital Development Foundation INC
since 2020
Last sale
$590,000
5 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 Mountain Home submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain Home 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
$550,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$845,000
Current use
WAREHOUSE, STORAGE
$790,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $590k (Feb 11 2020)
Last sale anchor
$590k
Feb 11 2020
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
$39 / 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
$16,295
Tax year 2023
Assessed value
$381,980
Assessed 2024
Previous assessed
$381,980
+0.0% YoY
Effective rate
4.27%
On assessed value
Assessed land
$58,810
Assessed improvement
$323,170
Land market value
$294,050
Improvement market value
$1,615,850
Total market value
$1,909,900
Applied tax rate
9.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
15,108 SF
Lot
2.5 ac (108,900 SF)
APN
007-03226-008
UPID
US05-1547892
Jurisdiction
BAXTER
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
MEDICAL BUILDING Current
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$790,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
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
2.5 ac
Current owner
From public records · entity-resolved
Hospital Development Foundation INC
Entity
Free & Clear · 6 yrs held
Mailing address
405 BUTTERCUP DR, MOUNTAIN HOME, AR 72653-2910
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Lincoln Paden Land Company LLC
—
Deed
related
$500,000 · Arvest Bank
Feb 11, 2020
$590,000
Hospital Development Foundation INC
Cna Development LLC
Warranty Deed
—
Feb 16, 2017
—
Lincoln Paden Land Company LLC
—
Deed
related
$2,050,455 · Arvest Bank
Jun 1, 2016
—
Stephen D Vester
Sharon Donetta Parrish
Quitclaim Deed
related
—
Feb 24, 2015
—
Burnett Croom Lincoln Paden Land Co
Integrity First Bank National Assoc
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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