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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
771 Hwy 36, Mount Vernon, AR 72111
Entity Owned
3-yr Hold
Free & Clear
Property ID
US05-2412236
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Total area
2,700 SF
Lot
0.67 ac (29,185 SF)
APN
001-01090-001C
UPID
US05-2412236
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
$510k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Mountain Express Oil Company · 3 yrs held
Mountain Express Oil Company
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$365,000
+310.5%
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
$545,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Change: +311% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Sep 2 2022)
Last sale anchor
$500k
Sep 2 2022
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
$187 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,165
Tax year 2023
Assessed value
$23,390
Assessed 2023
Previous assessed
$23,390
+0.0% YoY
Effective rate
4.98%
On assessed value
Assessed land
$1,340
Assessed improvement
$22,050
Land market value
$6,700
Improvement market value
$110,250
Total market value
$116,950
Applied tax rate
41.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,700 SF
Lot
0.67 ac (29,185 SF)
APN
001-01090-001C
UPID
US05-2412236
Jurisdiction
FAULKNER
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
COMMERCIAL (GENERAL)
Est. value
$365,000
COMMERCIAL (GENERAL)
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
Lot
0.67 ac
Current owner
From public records · entity-resolved
Mountain Express Oil Company
Entity
Free & Clear · 3 yrs held
Mailing address
30 N LA SALLE ST, CHICAGO, IL 60602-2590
Ownership since
2022
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
Sep 2, 2022
$500,000
Mountain Express Oil Company
Miraj007 INC
Warranty Deed
—
Jun 8, 2017
—
Miraj 007 INC
—
Deed
related
—
Apr 16, 2012
$240,000
Miraj 007 INC
Jones,kenneth W & Brandi L
Warranty Deed
$165,000 · Centennial Bank
Jan 18, 2011
$220,000
Kenneth W Jones
Henry,tavner & Judy
Warranty Deed
$200,000 · Centennial Bank
Aug 12, 2008
$130,000
Tavner Henry
Sanson,steve & Brenda
Warranty Deed
$135,000 · River Town Bank
Mar 28, 2006
—
Sanson Properties LLC
Sanson,steve & Brenda
Quit Claim Deed
related
—
Apr 20, 2005
—
Steve Sanson
Pearce,jim & Sharon
Quit Claim Deed
related
—
—
—
Miraj 007 INC
—
Loan Modification
related
—
—
—
Miraj 007 INC
—
Loan Modification
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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