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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office buildings
517 Morris Ave Springdale, AR 72764-8016
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US05-0266114
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
9,600 SF
Lot
2.27 ac (98,881 SF)
APN
21-00258-001
UPID
US05-0266114
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
-
Innovative Power Solutions - NW Division Construction Company General Contractor
-
Southern Pipe & Supply Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$814k
Blend (final)
Blend
$1.34M
Owner & transaction history
Morris Bethel LLC · 3 yrs held
Morris Bethel LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+29.2%
Auto repair, garage
$1.9M
+26.8%
Neighborhood: shopping center
$1.7M
+13.4%
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 Springdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springdale 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
$1,665,000
ML approach
$1,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,520,000
Current use
COMMERCIAL (GENERAL)
$1,965,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,925,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,720,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,230,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.30M (Jun 7 2023)
Last sale anchor
$1.30M
Jun 7 2023
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
$139 / 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
$4,600
Tax year 2023
Assessed value
$86,306
Assessed 2023
Previous assessed
$86,450
-0.2% YoY
Effective rate
5.33%
On assessed value
Assessed land
$32,196
Assessed improvement
$54,110
Land market value
$160,980
Improvement market value
$270,550
Total market value
$431,530
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
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,600 SF
Lot
2.27 ac (98,881 SF)
APN
21-00258-001
UPID
US05-0266114
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
OFFICE BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2.27 ac
Current owner
From public records · entity-resolved
Morris Bethel LLC
Entity
Mailing address
4204 S PINNACLE HLS PKWY #5, ROGERS, AR 72758-6022
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
$1,300,000
Morris Bethel LLC
0806 Investments LLC
Warranty Deed
$1,040,000 · Cadence Bank NA
Apr 14, 2022
$875,000
0806 Investments LLC
Innovative Power Solutions LLC
Warranty Deed
$700,000 · Legacy National Bank
Dec 1, 2017
$570,000
Innovative Power Solutions LLC
Neo Cabinet INC
Warranty Deed
$456,000 · Iberiabank
Jun 5, 2014
$365,000
Neo Cabinet INC
Curtis,doy L & Peggy
Warranty Deed
$333,000 · First Sec Bk
Sep 13, 2010
—
Terry Harold G & Bettie M F Trust
T & C Properties
Warranty Deed
related
—
—
—
Neo Cabinet INC
—
Deed Of Trust
related
$156,000 · Six Bridges Capital Corporation Six Bridges Capital Corporation
—
—
Neo Cabinet INC
—
Deed Of Trust
related
$156,000 · Six Bridges Capital Corp
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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