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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Office buildings
408 Ofc Park Dr Bryant, AR 72022-7534
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US05-1518742
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
8,100 SF
Lot
0.87 ac (37,897 SF)
APN
840-06505-000
UPID
US05-1518742
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
$1.53M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.24M
Owner & transaction history
Vj Acquisitions LLC · 1 yrs held
Vj Acquisitions LLC
since 2024
7 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 Bryant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bryant 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,655,000
6.5%
$1,525,000
7%
$1,420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$930,000
Current use
RETAIL STORES
$890,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$770,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±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
$153 / 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
$13,837
Tax year 2024
Assessed value
$283,541
Assessed 2024
Previous assessed
$283,541
+0.0% YoY
Effective rate
4.88%
On assessed value
Assessed land
$60,344
Assessed improvement
$223,197
Land market value
$301,720
Improvement market value
$1,115,985
Total market value
$1,417,705
Applied tax rate
253.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,100 SF
Lot
0.87 ac (37,897 SF)
APN
840-06505-000
UPID
US05-1518742
Jurisdiction
SALINE
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
OFFICE BUILDING Current
Est. value
$930,000
RETAIL STORES
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2016
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Vj Acquisitions LLC
Entity
Mailing address
PO BOX 10, BRYANT, AR 72089-0010
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$1,350,000
Vj Acquisitions LLC
Office Park LLC
Warranty Deed
$1,100,000 · Reliance Bank
Dec 4, 2019
—
Office Park LLC
—
Deed
related
$815,000 · First Sec Bk
Nov 2, 2015
—
Office Park LLC
Bryant Commercial LLC
Warranty Deed
related
$815,000 · First Sec Bk
Aug 6, 2010
—
Bryant Commercial LLC
—
Trustees Deed
related
$78,373 · Bank Of The Ozarks
Mar 29, 2010
—
Bryant Commercial LLC
—
Trustees Deed
related
$78,373 · Bank Of The Ozarks
Jan 13, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Office Park LLC
—
Loan Modification
related
$815,000 · First Sec Bk
—
—
Bryant Commercial LLC
—
Loan Modification
related
$300,000 · Bank Of The Ozarks
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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