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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Strip malls
903 Bloomington St, Lowell, AR 72745-9672
Trust Owned
13-yr Hold
Free & Clear
Property ID
US05-2400437
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
10,692 SF
Lot
1.99 ac (86,684 SF)
APN
12-00009-000
UPID
US05-2400437
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
-
Favorite's Dance Academy Training Center
-
Reality Check Inc Charitable Organization
-
CATERING CONCEPTS Take-out & Catering Catering Service
-
Razorback Computers Tech Support Center IT Consulting Firm
-
Adam's Apple Repair Electronics & Wireless Store Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Johnston Don & Brenda Trust · 13 yrs held
Johnston Don & Brenda Trust
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+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
$1,920,000
Current use
AUTO REPAIR, GARAGE
$2,145,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,705,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$121 / 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
$13,674
Tax year 2023
Assessed value
$257,030
Assessed 2023
Previous assessed
$257,030
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$70,560
Assessed improvement
$186,470
Land market value
$352,800
Improvement market value
$932,350
Total market value
$1,285,150
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
10,692 SF
Lot
1.99 ac (86,684 SF)
APN
12-00009-000
UPID
US05-2400437
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
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.99 ac
Current owner
From public records · entity-resolved
Johnston Don & Brenda Trust
Trust
Free & Clear · 13 yrs held
Mailing address
PO BOX 8022, FAYETTEVILLE, AR 72703-0001
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2012
—
Johnston Don & Brenda Trust
903 Bloomington Avenue LLC
Warranty Deed
related
—
Sep 14, 2012
$750,000
903 Bloomington Avenue LLC
Arvest Bk
Warranty Deed
—
Mar 28, 2011
$1,464,519
Arvest Bk
Commissioner Of Benton County
Trustees Deed
related
—
Jul 14, 2009
—
Jess K Jones
—
Deed Of Trust
related
$1,786,372 · Bank Of America
Mar 27, 2009
—
Jess K Jones
—
Deed Of Trust
related
$1,800,000 · Bank Of Arkansas
Sep 16, 2005
—
Jess K Jones
—
Trustees Deed
related
$1,240,200 · Arvest Bank
Dec 29, 2004
—
Jess K Jones
—
Trustees Deed
related
$784,000 · Bank Of Arkansas
Aug 18, 2004
$245,000
Kinty Jones
Clark Trust
Warranty Deed
$220,500 · 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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