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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Turn key restaurants
6920 Albert Pike Rd, Royal, AR 71968-8292
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0435944
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Total area
2,096 SF
Lot
2 ac (87,120 SF)
APN
100-18221-000
UPID
US05-0435944
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$353k
Blend (final)
Blend
$550k
Owner & transaction history
Mgt Properties LLC · 2 yrs held
Mgt Properties LLC
since 2023
Last sale
$700,000
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 Royal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal 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
$460,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $700k (Dec 1 2023)
Last sale anchor
$700k
Dec 1 2023
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
$262 / 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
$2,008
Tax year 2024
Assessed value
$45,850
Assessed 2024
Previous assessed
$45,850
+0.0% YoY
Effective rate
4.38%
On assessed value
Assessed land
$9,500
Assessed improvement
$36,350
Land market value
$47,500
Improvement market value
$181,750
Total market value
$229,250
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2002
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,096 SF
Lot
2 ac (87,120 SF)
APN
100-18221-000
UPID
US05-0435944
Jurisdiction
GARLAND
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
Year built
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Mgt Properties LLC
Entity
Mailing address
729 BELLAIRE DR, HOT SPRINGS, AR 71901-7211
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$700,000
Mgt Properties LLC
Randy Brickell
Warranty Deed
$600,000 · Randy Brickell Etal
Sep 12, 2019
$36,000
Ruperto Perez
Brickell,randy & Annette
Warranty Deed
$27,000 · Arvest Mtg
Feb 19, 2010
—
Randy Brickell
—
Trustees Deed
related
$60,000 · Summit Bank
Nov 19, 2009
—
Randy Brickell
—
Trustees Deed
related
$50,000 · Summit Bank
May 14, 2002
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Randy Brickell
—
Deed Of Trust
related
$60,000 · Summit Bank
—
—
Randy Brickell
—
Deed Of Trust
related
$60,000 · Summit Bank
—
—
Randy Brickell
—
Loan Modification
related
—
—
—
Randy Brickell
—
Deed Of Trust
related
$100,000 · Summit Bank
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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