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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Golf courses & driving ranges
Clubhouse Jonesboro, AR 72404
Individually Owned
1-yr Hold
Free & Clear
Property ID
US05-1139395
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Total area
11,112 SF
Lot
4.56 ac (198,634 SF)
APN
01-143284-15600
UPID
US05-1139395
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Wesley Mills · 1 yrs held
Wesley Mills
since 2025
Last sale
$600,000
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$630,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$825,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$705,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$655,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$530,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$525,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $600k (Jul 16 2025)
Last sale anchor
$600k
Jul 16 2025
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
$55 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$23,382
Tax year 2024
Assessed value
$554,064
Assessed 2024
Previous assessed
$554,064
+0.0% YoY
Effective rate
4.22%
On assessed value
Assessed land
$20,520
Assessed improvement
$533,544
Land market value
$102,600
Improvement market value
$2,667,720
Total market value
$2,770,320
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Total area
11,112 SF
Lot
4.56 ac (198,634 SF)
APN
01-143284-15600
UPID
US05-1139395
Jurisdiction
CRAIGHEAD
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$705,000
MEDICAL BUILDING
Est. value
$655,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$530,000
RETAIL STORES
Est. value
$525,000
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
4.56 ac
Current owner
From public records · entity-resolved
Wesley Mills
Individual
Free & Clear · 1 yrs held
Mailing address
2510 RIDGEPOINTE DR, JONESBORO, AR 72404-6845
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
$600,000
Wesley Mills
Stephen & Gurye Smith Family Liv Tr
Warranty Deed
—
Sep 21, 2020
—
K & A Investments LLC
Kevin Alpe
Quit Claim Deed
related
—
May 9, 2014
$86,000
Chad Sandoval
Thomas E Westbrook III
Warranty Deed
—
Jan 27, 2014
—
Marsha Wright
Damon Wright
Intrafamily Transfer
related
—
Mar 2, 2012
$34,000
Richard Terry
Randy Reynolds
Warranty Deed
$21,775 · Iberiabank
Mar 7, 2011
—
Mazen Khalil
Mazen Khalil
Intrafamily Transfer
related
—
May 5, 2010
$55,000
Cude Properties LLC
Carey Smotherman
Warranty Deed
—
Oct 21, 2009
—
Tammy Ann Bishop
George Quinn Richards
Quit Claim Deed
related
—
Sep 1, 2009
$50,000
Sugg Homes LLC
Heath Tibbs
Deed
$240,000 · The First National Bank Of Wynne
Aug 28, 2009
$42,500
Carey Smothermon
Andrew P Statley
Warranty Deed
$42,417 · Simmons First Bank Jonesboro
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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