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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Strip malls
518 Plz Ct, Van Buren, AR 72956-2686
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US05-0500018
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Total area
9,128 SF
Lot
0.96 ac (41,818 SF)
APN
700-04769-009-C
UPID
US05-0500018
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
-
Thai Curry Restaurant
-
PRO Logic Compliance LLC Consultant
-
Paul Shirley Pc Tax Preparation
-
Nelson Insurance Insurance Agency
-
Young David Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Matthew Yancey Real Estate LLC
Matthew Yancey Real Estate LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+251.4%
Office building
$850,000
+174.5%
Restaurant
$800,000
+157.7%
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 Van Buren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Buren 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%
$1,605,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,090,000
Change: +251% · Conversion: Easy
OFFICE BUILDING
$850,000
Change: +174% · Conversion: Moderate
RESTAURANT
$800,000
Change: +158% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.20M (Dec 23 2025)
Last sale anchor
$1.20M
Dec 23 2025
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
$142 / 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
$5,206
Tax year 2023
Assessed value
$165,630
Assessed 2024
Previous assessed
$165,630
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$38,400
Assessed improvement
$127,230
Land market value
$192,000
Improvement market value
$636,150
Total market value
$828,150
Applied tax rate
421.0000
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
2002
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,128 SF
Lot
0.96 ac (41,818 SF)
APN
700-04769-009-C
UPID
US05-0500018
Jurisdiction
CRAWFORD
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
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$850,000
RESTAURANT
Est. value
$800,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Matthew Yancey Real Estate LLC
Entity
Mailing address
6213 STEEP HL RD, FORT SMITH, AR 72916-8151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 17, 2026
—
Matthew Yancey Real Estate LLC
—
Deed
related
$100,000 · Grand Savings Bank
Dec 23, 2025
$1,200,000
Matthew Yancey Real Estate LLC
Gage Holdings LLC
Warranty Deed
$1,020,000 · Grand Savings Bank
Nov 1, 2021
—
Mp & U Investments INC
—
Deed
related
$895,000 · Grand Savings Bank
Jul 13, 2020
$895,000
Mp & U Investments INC
North View Plaza LLC
Warranty Deed
$716,000 · Chambers Bank
Jan 31, 2019
—
North View Plaza LLC
—
Deed
related
$321,939 · Chambers Bank
Jul 25, 2016
—
North View Plaza LLC
—
Deed
related
$50,000 · Chambers Bank
Oct 14, 2015
—
North View Plaza LLC
James David Garner
Quit Claim Deed
related
—
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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