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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Office buildings
815 Donaghey Ave, Conway, AR 72034-6880
Entity Owned
5-yr Hold
Free & Clear
Property ID
US05-0001952
Property summary
AI-generated overview
This exceptional 6,246-square-foot medical office building, constructed in 2021, is available for sublease at 815 S. Donaghey Ave in Conway, Arkansas. The single-story building sits on a 1.02-acre lot and offers high visibility, boasting approximately 31,500 vehicles daily on Dave Ward Drive and 12,000 on S. Donaghey Avenue. The entire 6,246 square feet is currently vacant, presenting a unique opportunity for a medical practice or other professional business. Located in Faulkner County, this property benefits from its convenient access to Interstate 40, enhancing accessibility for patients and staff. The site also includes a playground, adding a family-friendly element to the location. The lease rate is $20.00 per square foot (NNN). This prime location in a growing area offers a strong potential for success. The property's modern design and convenient amenities make it an ideal space for a variety of medical or professional uses. Don't miss this chance to secure a well-situated medical office in a thriving Arkansas community. The zip code is 72034.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Total area
6,304 SF
Lot
1.02 ac (44,431 SF)
APN
710-08561-004
UPID
US05-0001952
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
-
Hopebridge Autism Therapy Centers Medical Clinic
-
Hopebridge Autism Therapy Center Medical Clinic
-
AIM - Autism in Motion Medical Clinic
-
AIM - Autism in Motion Clinics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
White Properties II Limited Partner · 5 yrs held
White Properties II Limited Partner
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+297.8%
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
$2,015,000
ML approach
$1,845,000
CAP Approach
CAP Return
Estimation
6%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Alternative Use
Use
Estimation
RESTAURANT
$2,815,000
Change: +298% · Conversion: Moderate
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10% · vs last sale $1.96M (Jun 4 2021)
Last sale anchor
$1.96M
Jun 4 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
$309 / 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
$14,199
Tax year 2023
Assessed value
$280,620
Assessed 2023
Previous assessed
$88,860
+215.8% YoY
Effective rate
5.06%
On assessed value
Assessed land
$88,860
Assessed improvement
$191,760
Land market value
$444,300
Improvement market value
$958,800
Total market value
$1,403,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,304 SF
Lot
1.02 ac (44,431 SF)
APN
710-08561-004
UPID
US05-0001952
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
RESTAURANT
Est. value
$2.8M
RESTAURANT
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
Year built
2021
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
White Properties II Limited Partner
Entity
Free & Clear · 5 yrs held
Mailing address
111 HIDDEN VLY LOOP, MAUMELLE, AR 72113-6780
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
$1,958,300
White Properties II Limited Partner
P & H Investments LLC
Warranty Deed
—
Jun 18, 2020
—
Salter Acquisitions LLC
—
Deed
related
—
May 18, 2020
$408,804
P & H Investments LLC
Haag Brown Development LLC
Warranty Deed
$1,506,400 · Encore Bank NA
Jul 12, 2019
—
Salter Acquisitions LLC
—
Deed
related
—
Mar 19, 2018
—
Salter Acquisitions LLC
—
Deed
related
$250,335 · Centennial Bank
Jul 29, 2016
$450,000
Salter Acquisitions LLC
Mcchristian Paul L Trust
Warranty Deed
—
—
—
Salter Acquisitions LLC
—
Loan Modification
related
—
—
—
Salter Acquisitions LLC
—
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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