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Property profile & analytics
OFF-MARKET
Medical Office Space
715 Sherman Ave, Harrison, AR 72601-2743
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0526127
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Total area
1,289 SF
Lot
0.2 ac (8,712 SF)
APN
825-00947-000C
UPID
US05-0526127
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
-
Courtney Maurice Crawford Ophthalmologist
-
Benjamin F. Edwards & Company Financial Advisor
-
Kernodle David R DDS Dental Office
-
Better Home Care Home Health Care Service
-
Elisabeth Brown, APRN Physician
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
Growing Places Counseling PLLC · 2 yrs held
Growing Places Counseling PLLC
since 2024
6 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 Harrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrison 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
$795
Tax year 2023
Assessed value
$15,590
Assessed 2024
Previous assessed
$15,590
+0.0% YoY
Effective rate
5.10%
On assessed value
Assessed land
$3,500
Assessed improvement
$12,090
Land market value
$17,500
Improvement market value
$60,450
Total market value
$77,950
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,289 SF
Lot
0.2 ac (8,712 SF)
APN
825-00947-000C
UPID
US05-0526127
Jurisdiction
BOONE
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
1977
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Growing Places Counseling PLLC
Individual
Mailing address
10179 FANCHER DR, HARRISON, AR 72601-9217
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
$181,000
Growing Places Counseling PLLC
William R Griffin
Warranty Deed
$153,500 · Anstaff Bank NA
May 17, 2023
$114,000
William R Griffin
David Ray Kernodle
Warranty Deed
—
Feb 22, 2022
$10,000
Brownfield Commercial Property LLC
Catherine Lamanna
Warranty Deed
—
Aug 10, 2021
$170,000
Harrison Affd Hsng Initiatives INC
Ali Fekry Abdelaal
Warranty Deed
$150,000 · First Community Bank
Feb 1, 2019
$130,000
Informed Choices Women S Center Of
Stephen Robert Harris
Warranty Deed
—
Jul 22, 2016
—
Brownfield Commercial Property LLC
—
Deed
related
$125,140 · Arvest 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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