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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
Pea Ridge, AR
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0407734
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
4,800 SF
Lot
1.18 ac (51,401 SF)
APN
18-04277-004
UPID
US05-0407734
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
$380k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Curtis W Olson · 20 yrs held
Curtis W Olson
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+89.8%
Auto repair, garage
$965,000
+86.3%
Neighborhood: shopping center
$860,000
+66.6%
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 Pea Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pea Ridge 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
$380,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
COMMERCIAL (GENERAL)
$980,000
Change: +90% · Conversion: Easy
AUTO REPAIR, GARAGE
$965,000
Change: +86% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$765,000
Change: +48% · Conversion: Easy
WAREHOUSE, STORAGE
$545,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$127 / 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
$1,736
Tax year 2023
Assessed value
$33,440
Assessed 2023
Previous assessed
$33,440
+0.0% YoY
Effective rate
5.19%
On assessed value
Assessed land
$3,780
Assessed improvement
$29,660
Land market value
$18,900
Improvement market value
$148,300
Total market value
$167,200
Applied tax rate
109.0000
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
Off-Market
Year built
2002
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,800 SF
Lot
1.18 ac (51,401 SF)
APN
18-04277-004
UPID
US05-0407734
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
RETAIL STORES Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$965,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
OFFICE BUILDING
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$545,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Curtis W Olson
Individual
Free & Clear · 20 yrs held
Mailing address
14960 HWY 62, GARFIELD, AR 72732-9235
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
—
Curt W Olson
—
Deed
related
—
Apr 14, 2020
—
Curt W Olson
—
Deed
related
—
Jan 10, 2020
—
Curt W Olson
—
Deed
related
—
Jan 2, 2019
—
Curt W Olson
—
Deed Of Trust
related
$400,000 · Simmons Bk
Sep 25, 2018
—
Curtis W Olson
—
Deed
related
—
Jun 28, 2018
—
Curtis W Olson
—
Deed
related
—
Dec 27, 2017
—
Curtis W Olson
—
Deed
related
—
Jan 10, 2017
—
Curtis W Olson
—
Deed
related
—
Aug 14, 2013
—
Curtis W Olson
—
Trustees Deed
related
$200,000 · Simmons First Bank Nwa
Jan 23, 2013
—
Curt W Olson
—
Trustees Deed
related
$150,000 · Simmons First Bank Nwa
Jan 23, 2012
—
Beaver Lake Distribution INC
—
Trustees Deed
related
$150,000 · Simmons First Bank Nwa
Jun 29, 2010
—
Curt W Olson
—
Trustees Deed
related
$100,000 · Simmons First Bank Nwa
Jun 11, 2009
—
Curt W Olson
—
Trustees Deed
related
$100,000 · Simmons First Bank Nwa
Nov 26, 2008
—
Curtis W Olson
—
Deed Of Trust
related
—
Nov 16, 2005
$100,000
Curtis W Olson
Austin,johnny G & Judy S
Warranty Deed
—
—
—
Curtis W Olson
—
Deed Of Trust
related
$77,105 · Simmons First Bank Nwa
—
—
Curtis W Olson
—
Loan Modification
related
—
—
—
Curt W Olson
—
Deed Of Trust
related
$100,000 · Simmons First Bank Nwa
—
—
Curt W Olson
—
Loan Modification
related
—
—
—
Curt W Olson
—
Deed Of Trust
related
$166,500 · Simmons First Nat'l Bk
—
—
Curt Olson
—
Loan Modification
related
$200,000 · Simmons First Nat'l Bk
—
—
Curt W Olson
—
Loan Modification
related
—
—
—
Curtis W Olson
—
Loan Modification
related
—
—
—
Curtis W Olson
—
Loan Modification
related
—
—
—
Curtis W Olson
—
Loan Modification
related
—
—
—
Curtis W Olson
—
Loan Modification
related
—
—
—
Curt W Olson
—
Loan Modification
related
—
—
—
Curtis W Olson
—
Deed Of Trust
related
$20,000 · Barbara E Mcclure
—
—
Curtis W Olson
—
Deed Of Trust
related
$92,506 · Simmons First Bank Nwa
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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