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Property profile & analytics
FOR LEASE
Retail space
895 Oak St, Conway, AR 72032
Entity Owned
7-yr Hold
Free & Clear
Property ID
US05-0258959
For Lease
1 / 2
$14 SF/Yr
895 Oak St, Conway, AR 72032
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
8,045 SF
Lot
0.59 ac (25,875 SF)
APN
710-05493-000C
UPID
US05-0258959
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
-
Game X Change Arcade & Gaming Center Electronics & Wireless Store
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Vapor World (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.22M
Owner & transaction history
Valley Properties LLC · 7 yrs held
Valley Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+17.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,220,000
7%
$1,135,000
Alternative Use
Use
Estimation
RETAIL STORES
$995,000
Current use
COMMERCIAL (GENERAL)
$1,165,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$880,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$151 / 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
$7,250
Tax year 2023
Assessed value
$143,280
Assessed 2023
Previous assessed
$143,280
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$51,720
Assessed improvement
$91,560
Land market value
$258,600
Improvement market value
$457,800
Total market value
$716,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2000
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,045 SF
Lot
0.59 ac (25,875 SF)
APN
710-05493-000C
UPID
US05-0258959
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
RETAIL STORES Current
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2000
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Valley Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
216 N SHR DR, RUSSELLVILLE, AR 72802-8827
Ownership since
2018
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
Sep 19, 2018
—
Valley Properties LLC
Bubbus D & E D Joint Trust
Grant Deed
—
Oct 29, 2013
—
Bubbus,david & Elizabeth D Trust
Bubbus,david
Quit Claim Deed
related
—
Jul 13, 2010
$1,625
Arkansas St. Highway Commission
Bubbus,david & Elizabeth D
Warranty Deed
related
—
Aug 3, 2007
$950,000
David Bubbus
Con-russ LLC
Warranty Deed
$760,000 · Bank Of The Ozarks
Jun 2, 2004
$660,000
Con-russ LLC
Conway Lot 2 LLC
Grant Deed
$1,000,000 · Arvest Bank
—
—
David Bubbus
—
Loan Modification
related
—
—
—
David Bubbus
—
Deed Of Trust
related
$1,160,212 · First State Bank
—
—
David Bubbus
—
Deed Of Trust
related
$251,964 · First State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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