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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Strip malls
607 1st St Jacksonville, AR 72076-4117
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0245995
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Total area
6,300 SF
Lot
2.13 ac (92,783 SF)
APN
12J-052-02-004-00
UPID
US05-0245995
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
-
Mike Brown Tae Kwon DO Academy Training Center Sports School
-
Word of Life Worship Center Church
-
H&T Tax Service Accounting Firm Tax Preparation
-
Touch of Care Home Health Care Service
-
Antionne Alcorn Counselor Social Worker
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$735k
Blend (final)
Blend
$660k
Owner & transaction history
Andrews Real Estate LLC · 10 yrs held
Andrews Real Estate LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+118.8%
Retail stores
$830,000
+67.3%
Office building
$660,000
+33.2%
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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$495,000
Current use
MEDICAL BUILDING
$1,085,000
Change: +119% · Conversion: Difficult
RETAIL STORES
$830,000
Change: +67% · Conversion: Easy
OFFICE BUILDING
$660,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$640,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$105 / 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
$4,954
Tax year 2024
Assessed value
$92,080
Assessed 2024
Previous assessed
$92,080
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$32,638
Assessed improvement
$59,442
Land market value
$163,190
Improvement market value
$297,210
Total market value
$460,400
Applied tax rate
9.0000
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
1989
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
6,300 SF
Lot
2.13 ac (92,783 SF)
APN
12J-052-02-004-00
UPID
US05-0245995
Jurisdiction
PULASKI
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
$495,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$830,000
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1989
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.13 ac
Current owner
From public records · entity-resolved
Andrews Real Estate LLC
Entity
Mailing address
6913 HARLAN AVE, SPRINGDALE, AR 72762-4196
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
—
Andrews Real Estate LLC
—
Deed
related
$50,000 · Arvest Bank
Dec 23, 2020
—
Andrews Real Estate LLC
—
Deed
related
$495,000 · Arvest Bank
Jun 24, 2016
$399,000
Andrews Real Estate LLC
Estate Of Gregory Allen Gladden
Warranty Deed
$389,720 · Centennial Bank
Dec 3, 2014
$200,000
Greg|looper Willard L Gladden
Abdin Family LLC
Grant Deed
$228,002 · First Svc Bk
Jun 17, 2005
—
Abdin Family LLC
Abdin,delores
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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