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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Warehouses
6515 Zero St, Fort Smith, AR 72903-6522
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-1309252
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
11,420 SF
Lot
1.66 ac (72,310 SF)
APN
11665-0002-00000-00
UPID
US05-1309252
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
-
Asset Living Arkansas Property Management Real Estate Agency Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
The Boys Shelter INC · 2 yrs held
The Boys Shelter INC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+133.2%
Auto repair, garage
$1.1M
+94.7%
Retail stores
$970,000
+69.6%
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 Fort Smith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Smith 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
$1,050,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,330,000
Change: +133% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,110,000
Change: +95% · Conversion: Easy
RETAIL STORES
$970,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.05M (Apr 15 2024)
Last sale anchor
$1.05M
Apr 15 2024
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
$92 / 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
$6,829
Tax year 2024
Assessed value
$130,080
Assessed 2024
Previous assessed
$130,080
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$10,850
Assessed improvement
$119,230
Land market value
$54,250
Improvement market value
$596,150
Total market value
$650,400
Applied tax rate
99.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
11,420 SF
Lot
1.66 ac (72,310 SF)
APN
11665-0002-00000-00
UPID
US05-1309252
Jurisdiction
SEBASTIAN
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
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$970,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
Units
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
The Boys Shelter INC
Entity
Mailing address
5904 S ZERO ST, FORT SMITH, AR 72903-6509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
The Boys Shelter INC
—
Deed
related
$1,322,000 · First National Bank Of Fort Smith
Apr 15, 2024
$1,050,000
The Boys Shelter INC
6515 S Zero Development LLC
Warranty Deed
$840,000 · The First National Bank Of Forth Sm
Aug 11, 2021
—
Trinity Property Management LLC
—
Deed
related
$250,000 · Simmons Bank
Apr 18, 2019
—
6515 S Zero Development LLC
—
Deed
related
$960,000 · Simmons Bank
Aug 30, 2016
—
6515 S Zero Development LLC
—
Deed
related
$100,000 · Arvest Bank
May 11, 2012
$350,000
Westbrook Development LLC
Roberta Lynn Fowler
Warranty Deed
$499,050 · Bank Of The Ozarks
May 11, 2012
$379,000
6515 S Zero Development LLC
Westbrook Development LLC
Warranty Deed
—
Jan 31, 2006
$140,000
Floyd T Parnell
Cotner Properties Limited Partnersh
Warranty Deed
—
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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