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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Office buildings
823 Lincoln St, Lowell, AR 72745-9717
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0072994
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
15,922 SF
Lot
3.11 ac (135,472 SF)
APN
12-00295-001
UPID
US05-0072994
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
-
Purkeys Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.44M
Owner & transaction history
Marishamatt Properties LLC · 4 yrs held
Marishamatt Properties LLC
since 2021
Last sale
$1.4M
7 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 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
$1,520,000
ML approach
$1,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.35M (Nov 16 2021)
Last sale anchor
$1.35M
Nov 16 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
$90 / 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
$14,184
Tax year 2023
Assessed value
$266,610
Assessed 2023
Previous assessed
$266,610
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$83,400
Assessed improvement
$183,210
Land market value
$417,000
Improvement market value
$916,050
Total market value
$1,333,050
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
Heating
NONE
Cooling
NONE
Stories
1
Total area
15,922 SF
Lot
3.11 ac (135,472 SF)
APN
12-00295-001
UPID
US05-0072994
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
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.11 ac
Current owner
From public records · entity-resolved
Marishamatt Properties LLC
Entity
Mailing address
36 W NOTTINGHAM LN, ROGERS, AR 72758-9528
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
39 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$1,350,000
Marishamatt Properties LLC
Bruce A Purkey
Warranty Deed
$750,056 · Legacy National Bank
Apr 23, 2013
$550,000
Purkey,bruce A & Veronica J Trust
Pringnitz,roger H
Warranty Deed
$800,000 · Iberiabank
Aug 27, 2009
—
Roger Pringnitz
—
Trustees Deed
related
$566,178 · Legacy National Bank
Jul 16, 2008
—
Roger H Pringnitz
—
Trustees Deed
related
$1,278,535 · Legacy National Bank
Jun 5, 2008
—
Roger H Pringnitz
—
Trustees Deed
related
$375,000 · Legacy National Bank
Sep 7, 2007
—
Roger H Pringnitz
—
Trustees Deed
related
$800,000 · Legacy National Bank
Jun 29, 2007
—
Roger Pringnitz
—
Trustees Deed
related
$50,000 · Legacy National Bank
Jun 22, 2007
—
Roger H Pringnitz
—
Trustees Deed
related
$1,275,214 · Legacy National Bank
Jul 10, 2006
—
Roger H Pringnitz
—
Trustees Deed
related
$1,800,000 · Parkway Bank Rogers
Apr 1, 2005
—
Roger H Pringnitz
—
Trustees Deed
related
$50,000 · Parkway Bank & Trust Co
Jul 27, 2004
—
Precision Services & Sales INC
—
Trustees Deed
related
$250,000 · First Western Bank
—
—
Helps LLC
—
Deed Of Trust
related
$95,809 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$95,809 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$116,820 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$14,145 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$942,820 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$140,000 · First Western Bank
—
—
Precision Services & Sales INC
—
Deed Of Trust
related
$868,000 · First Western Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$27,517 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$48,160 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$20,280 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$136,000 · Parkway Bank & Trust Co
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$64,000 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$14,480 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$95,809 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$131,830 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$20,150 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$783,005 · Parkway Bank & Trust Co
—
—
Roger Pringnitz
—
Deed Of Trust
related
$47,755 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$125,710 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$125,710 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$2,453,216 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$59,465 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$41,050 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$33,360 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$231,122 · Parkway Bank & Trust Co
—
—
Roger Pringnitz
—
Deed Of Trust
related
$120,250 · Legacy National Bank
—
—
Roger H Pringnitz
—
Deed Of Trust
related
$125,710 · Legacy National Bank
—
—
Roger Pringnitz
—
Deed Of Trust
related
$15,635 · Legacy National 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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