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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Office buildings
606 Commerce Dr Ste 1 Bryant, AR 72022-7521
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US05-0316581
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
6,500 SF
Lot
2.17 ac (94,525 SF)
APN
840-12054-001
UPID
US05-0316581
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
$1.23M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$995k
Owner & transaction history
Miller Investment Group LLC · 18 yrs held
Miller Investment Group LLC
since 2007
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%
$1,330,000
6.5%
$1,225,000
7%
$1,140,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$745,000
Current use
RETAIL STORES
$715,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$620,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$22,495
Tax year 2024
Assessed value
$460,961
Assessed 2024
Previous assessed
$460,961
+0.0% YoY
Effective rate
4.88%
On assessed value
Assessed land
$99,251
Assessed improvement
$361,710
Land market value
$496,255
Improvement market value
$1,808,550
Total market value
$2,304,805
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
2003
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Total area
6,500 SF
Lot
2.17 ac (94,525 SF)
APN
840-12054-001
UPID
US05-0316581
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
$745,000
RETAIL STORES
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$620,000
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
2003
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
2.17 ac
Current owner
From public records · entity-resolved
Miller Investment Group LLC
Entity
Mailing address
606 W COMMERCE DR STE #1, BRYANT, AR 72022-7521
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2020
—
Miller Investment Group LLC
—
Deed
related
$275,000 · First Sec Bk
Aug 6, 2020
—
Phillip E Miller
—
Deed
related
$70,000 · First Sec Bk
Mar 19, 2020
—
Miller Invs Grp LLC
—
Deed
related
$27,500 · First Sec Bk
Jul 5, 2019
—
Phillip E Miller
—
Deed
related
$70,000 · First Sec Bk
Apr 26, 2019
—
Miller Investment Group LLC
—
Deed
related
$275,000 · First Security Bank
Jul 17, 2018
—
Phillip E Miller
—
Deed
related
$70,000 · First Sec Bk
Aug 24, 2017
—
Miller Investment Group LLC
—
Deed
related
$1,432,333 · First Sec Bk
Jul 11, 2017
—
Phillip E Miller
—
Trustees Deed
related
$70,000 · Maxamillion LLC
Aug 6, 2007
—
Miller Investment Group LLC
Miller,phillip E & Debra A
Quit Claim Deed
related
—
Jul 25, 2007
—
Miller Investment Group LLC
Maxamillion LLC
Quit Claim Deed
related
$1,155,586 · Metropolitan National Bank
Jun 4, 2007
—
Maxamillion LLC
Miller & Ives LLC
Quit Claim Deed
related
—
—
—
Miller Investment Group LLC
—
Loan Modification
related
$275,000 · First Sec Bk
—
—
Phillip E Miller
—
Loan Modification
related
$70,000 · First Sec Bk
—
—
Phillip E Miller
—
Loan Modification
related
$70,000 · First Sec Bk
—
—
Miller Investment Group LLC
—
Loan Modification
related
$1,432,333 · First Sec Bk
—
—
Miller Investment Group LLC
—
Loan Modification
related
$1,432,233 · First Sec Bk
—
—
Miller & Ives LLC
—
Deed Of Trust
related
$640,000 · Metropolitan National Bank
—
—
Miller Investment Group LLC
—
Deed Of Trust
related
$1,450,000 · First Security Bank
—
—
Miller Invs Grp LLC
—
Loan Modification
related
$27,500 · First Sec Bk
—
—
Miller Investment Group LLC
—
Deed Of Trust
related
$1,432,333 · First Security Bank
—
—
Phillip E Miller
—
Loan Modification
related
$70,000 · First Sec Bk
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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