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Property profile & analytics
OFF-MARKET
Medical Office Space
615 Oak St, Rogers, AR 72756-5315
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US05-0038802
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
3,318 SF
Lot
0.26 ac (11,326 SF)
APN
02-04021-000
UPID
US05-0038802
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
-
Robert H Lewis Jr PA Dental Office
-
Benjamin C. Mitchel, MHPP Counselor
-
Joel T. Martin, AT Counselor Doctor
-
Valerie J. Whitman, LAC Counselor Doctor
-
Dimond Dental Spa Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jocog Ventures Realty LLC · 8 yrs held
Jocog Ventures Realty LLC
since 2018
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 Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,265
Tax year 2023
Assessed value
$42,810
Assessed 2023
Previous assessed
$42,810
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$7,240
Assessed improvement
$35,570
Land market value
$36,200
Improvement market value
$177,850
Total market value
$214,050
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,318 SF
Lot
0.26 ac (11,326 SF)
APN
02-04021-000
UPID
US05-0038802
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
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jocog Ventures Realty LLC
Entity
Mailing address
PO BOX 8036, FAYETTEVILLE, AR 72703-0001
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Jocog Ventures Realty LLC
—
Deed
related
$300,000 · Firstar Bank NA
Jul 15, 2020
—
Jocog Ventures Realty LLC
—
Deed
related
$336,000 · Armstrong Bank
May 2, 2018
$150,000
Jocog Ventures Realty LLC
Shaffer Larry D Trust
Warranty Deed
$127,500 · Integrity First Bk
May 2, 2018
—
Jacog Ventures Realty LLC
—
Deed
related
$5,000 · Shaffer Larry D Trust (rt)
Jul 28, 2015
$165,000
Shaffer,larry D Trust
Hays J B Trust I
Warranty Deed
$180,000 · First Sec Bk
Oct 2, 2009
—
Hays J B Trust I
—
Trustees Deed
related
—
Sep 2, 2008
—
Hays J B Trust I
—
Trustees Deed
related
$2,950,000 · Great Southern Bank
Jul 7, 2005
$185,000
Hays J B Trust
Deatherage,joseph R & Rhonda H
Warranty Deed
$200,000 · First Federal Bank Of Ar
—
—
Hays J B Trust I
—
Deed Of Trust
related
$1,130,653 · Great Southern Bank
—
—
Jacog Ventures Realty LLC
—
Deed Of Trust
related
$5,000 · Shaffer Larry D Trust (rt)
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.
Try Rey
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