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Property profile & analytics
OFF-MARKET
Estimated value
$6,830,000
Drug stores
4206 New Hope Rd, Rogers, AR 72758-8258
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0233653
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2009
Total area
14,729 SF
Lot
2.03 ac (88,427 SF)
APN
02-20226-002
UPID
US05-0233653
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.47M
Blend (final)
Blend
$6.83M
Owner & transaction history
Glass Investments LLC · 4 yrs held
Glass Investments LLC
since 2022
Last sale
$6.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+64.6%
Apartment house (5+ units)
$4.9M
+56.1%
Commercial (general)
$4.4M
+38.9%
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 Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers 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
$7,025,000
ML approach
$6,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,185,000
Change: +65% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,920,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,375,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$6.83M
Range $6.15M – $7.51M · ±10% · vs last sale $6.70M (May 16 2022)
Last sale anchor
$6.70M
May 16 2022
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
$464 / 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
$35,931
Tax year 2023
Assessed value
$679,220
Assessed 2023
Previous assessed
$679,220
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$396,710
Assessed improvement
$282,510
Land market value
$1,983,550
Improvement market value
$1,412,550
Total market value
$3,396,100
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
NONE
Stories
1
Total area
14,729 SF
Lot
2.03 ac (88,427 SF)
APN
02-20226-002
UPID
US05-0233653
Jurisdiction
BENTON
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
RESTAURANT
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Glass Investments LLC
Entity
Mailing address
1700 TIGER BLVD, BENTONVILLE, AR 72712-4319
Ownership since
2022
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
May 16, 2022
$6,700,000
Glass Investments LLC
Bbs Investments LLC
Special Warranty Deed
—
Jun 3, 2020
—
Rbs Investments LLC
Martinsville-schilli-1 LLC
Correction Deed
related
—
May 14, 2020
—
Rbs Invs
Martin Sville-schille-1 LLC
Quit Claim Deed
related
—
Jan 24, 2020
—
Martinsville-schilli-1 LLC
Martinsville-schilli-2 LLC
Quit Claim Deed
related
—
Nov 20, 2018
$5,850,000
Martinsville-schilli-1 LLC
Rockola Of Rogers LLC
Grant Deed
—
Nov 30, 2012
$5,360,000
Rockola Of Rogers LLC
Pinnacle Pharmacy Partners LLC
Grant Deed
—
—
—
Rockola Of Rogers LLC
—
Deed Of Trust
related
$3,600,000 · C-iii Commercial Mtg LLC
—
—
Pinnacle Pharmacy Partners LLC
—
Deed Of Trust
related
$2,820,000 · Arvest 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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