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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Grocery and convenience stores
816 Monroe Ave Lowell, AR 72745-9065
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0158782
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Total area
4,692 SF
Lot
1.34 ac (58,370 SF)
APN
12-03248-000
UPID
US05-0158782
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
-
Kum & Go Gas Station
-
Amazon Hub Counter - KUM & GO #0402 Marketing & Advertising IT Consulting Firm
-
Go Fresh Market Grocery & Convenience Store Food Market
-
Amazon Counter - KUM & GO #0402 Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$675k
Owner & transaction history
Arc Kgbtvar001 LLC · 13 yrs held
Arc Kgbtvar001 LLC
since 2012
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$960,000
+13.9%
Auto repair, garage
$940,000
+11.8%
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 Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Current use
COMMERCIAL (GENERAL)
$960,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$940,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$750,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
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
$144 / 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
$16,449
Tax year 2023
Assessed value
$309,200
Assessed 2023
Previous assessed
$309,200
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$80,970
Assessed improvement
$228,230
Land market value
$404,850
Improvement market value
$1,141,150
Total market value
$1,546,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,692 SF
Lot
1.34 ac (58,370 SF)
APN
12-03248-000
UPID
US05-0158782
Jurisdiction
BENTON
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$940,000
OFFICE BUILDING
Est. value
$750,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Year built
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Arc Kgbtvar001 LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1459 GRAND AVE, DES MOINES, IA 50309-3005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2012
$2,484,000
Arc Kgbtvar001 LLC
Cole Kg Lowell Ar LLC
Grant Deed
—
Jan 8, 2010
$2,090,000
Cole Kg Lowell Ar LLC
Kg Store 402 LLC
Grant Deed
—
Jul 16, 2007
—
Mark A Burkes
—
Trustees Deed
related
$175,000 · Arvest Bank
Dec 2, 2005
—
Mark A Burkes
—
Trustees Deed
related
$439,200 · 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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