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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
775 Equity Ave Conway, AR 72032-5686
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0313170
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
7,491 SF
Lot
3.6 ac (156,816 SF)
APN
710-08942-001C
UPID
US05-0313170
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
-
CPC-Conway Food Processing Plant
-
CPC Commodities Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$555k
Owner & transaction history
Caldwell Milling Company INC · 4 yrs held
Caldwell Milling Company INC
since 2021
Last sale
$596,263
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$820,000
+103.9%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$565,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$400,000
Current use
OFFICE BUILDING
$820,000
Change: +104% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $596k (Aug 11 2021)
Last sale anchor
$596k
Aug 11 2021
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
$74 / 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
$4,835
Tax year 2023
Assessed value
$95,560
Assessed 2023
Previous assessed
$95,560
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$57,500
Assessed improvement
$38,060
Land market value
$287,500
Improvement market value
$190,300
Total market value
$477,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
7,491 SF
Lot
3.6 ac (156,816 SF)
APN
710-08942-001C
UPID
US05-0313170
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
WAREHOUSE, STORAGE Current
Est. value
$400,000
OFFICE BUILDING
Est. value
$820,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
3.6 ac
Current owner
From public records · entity-resolved
Caldwell Milling Company INC
Entity
Free & Clear · 4 yrs held
Mailing address
98 CELSOR RD, FOUNTAIN RUN, KY 42133-9401
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2021
$33,876
Caldwell Milling Company INC
Commissioner Of State Lands
Redemption Deed
related
—
Jun 26, 2020
—
Caildwell Milling Co INC
—
Deed
related
—
Nov 14, 2017
—
Caldwell Milling Co INC
—
Deed
related
$2,000,000 · Caldwell Foods LLC
Jun 21, 2017
—
Caldwell Milling Co INC
—
Deed
related
—
Jul 26, 2006
—
Caldwell Milling Co INC
—
Trustees Deed
related
$500,000 · First Community Bank
—
—
Caildwell Milling Co INC
—
Loan Modification
related
—
—
—
Caldwell Milling Co INC
—
Deed Of Trust
related
—
—
—
Caldwell Milling Co INC
—
Loan Modification
related
$50,000 · First Community Bank
—
—
Caldwell Milling Co INC
—
Loan Modification
related
—
—
—
Caldwell Milling Co INC
—
Loan Modification
related
—
—
—
Caldwell Milling Co INC
—
Deed Of Trust
related
$2,000,000 · Caldwell Foods LLC
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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