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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Strip malls
4300 Rogers Ave Fort Smith, AR 72903-3154
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0861452
Property summary
AI-generated overview
GreenPointe Shopping Center offers exceptional office space on Rogers Avenue, boasting high visibility and traffic. Two contiguous suites (39 & 40), totaling 2,048 square feet, are available for lease, or each can be leased separately. Individual suite sizes range from a minimum of 900 square feet to a maximum of 1,200 contiguous square feet. The total building encompasses 27,121 square feet, currently featuring 3,248 square feet of vacant space. The property is a multi-tenant building offering a variety of office configurations suitable for traditional, executive, coworking, medical, or creative office uses. Lease rates are $13 per square foot, plus NNN charges. Additional monthly costs include a $50 Merchant's Association fee and $60-120 for water. The center enjoys a prime location near Central Mall, with strong anchors including Talbot's, Saied Music, Patrick's Burgers, Hot Worx, and Kopper Kettle Candies, ensuring high foot traffic and excellent visibility for your business. This presents a unique opportunity to establish your presence in a thriving retail environment.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Total area
69,898 SF
Lot
7.4 ac (322,344 SF)
APN
18722-0001-00000-00
UPID
US05-0861452
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
-
Firstar Bank Loan Service Bank
-
USA Web Service Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Gilkey Sandy Insurance Agency
-
Access Home Health Home Health Care Service Hospital
-
Creative Jewelry Salon (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.23M
Owner & transaction history
Benjamin A Schluterman · 7 yrs held
Benjamin A Schluterman
since 2018
1 recorded transaction
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 Fort Smith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Smith 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
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,920,000
Current use
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±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
$18 / 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
$50,934
Tax year 2024
Assessed value
$970,169
Assessed 2024
Previous assessed
$970,169
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$290,110
Assessed improvement
$680,059
Land market value
$1,450,550
Improvement market value
$3,400,295
Total market value
$4,850,845
Applied tax rate
99.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
1
Total area
69,898 SF
Lot
7.4 ac (322,344 SF)
APN
18722-0001-00000-00
UPID
US05-0861452
Jurisdiction
SEBASTIAN
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
7.4 ac
Current owner
From public records · entity-resolved
Benjamin A Schluterman
Individual
Mailing address
4320 INDUSTRIAL DR, FORT SMITH, AR 72916-9194
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
$259,000
Benjamin A Schluterman
Darryl W Jackson
Warranty Deed
$254,308 · Firstar Bank NA
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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