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    69 Courthouse Sq Murfreesboro, AR 71958

    Sponsored
    For Sale
    $398,000

    COMMERCIAL - Murfreesboro, AR

    Property size:
    8,700 SF
    Lot size:
    0.34 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 69 Courthouse Sq

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 4, Bathroom 12, Bathroom 14, Bathroom 3, Bathroom 10, Bathroom 6, Bathroom 5, Bathroom 15, Bathroom 8, Bathroom 11, Bathroom 7, Bathroom 9, Bathroom 13, Bathroom 1, Bathroom 2
    Bathrooms
    15
    Parking
    1
    Size
    8,700 SF
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1889
    Floors in Building
    2
    Number of units
    12
    Flooring type
    Wood, Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Metal

    MLM Real Estate

    Listing agent Kathy Samson (903) 791-1088

    Listing date Dec 29, 2025

    Copyright © 2025 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historical Hotel Near Crater Diamonds

    This historical brick building, featuring a slab and copper roof, is the oldest in Pike County, AR. The property is the closest hotel to the Crater of Diamonds State Park. The structure includes 12 rental units, each furnished with custom-built cedar furnishings. Additionally, there is a manager's quarter with 3 bedrooms, 1 bath, and an open kitchen and living area. The property also features upstairs and downstairs laundry/maid's quarters, along with a seating area and breakfast bar. Located in downtown Murfreesboro, AR, the property is near local diners and shops, and a few miles from Lake Greeson. The property size is 8,700 square feet and the lot size is 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Auto Repair Shop Hotel & Motel Travel Agency Parking Facility Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Pike
    State
    Arkansas
    Longitude
    -93.6895627
    Latitude
    34.0627386

    Nearby Similar for Sale

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    • $899,000
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      Motel and Water Park

      36-unit motel with water park on two city blocks.
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    • New
      $398,000
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      Historic Hotel Near Diamond Crater

      Iconic 12-unit hotel near Crater of Diamonds State Park.
      69 Courthouse Sq St, Murfreesboro, AR 71958
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    • $350,000
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      Cabin and RV Storage in Murfreesboro

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    FAQs

    What type of property is this?
    Hotel - Historical 12-unit hotel near Crater of Diamonds State Park.
    Where is this hotel located?
    The property is located at 69 Courthouse Sq Murfreesboro, AR.
    What is the asking price?
    The asking price for this property is $398,000.
    What are key features of this property?
    This property features: - Prime Location: Closest hotel to Crater of Diamonds State Park.; - Historic Significance: Oldest building in Pike County.; - Income Potential: Features 12 rental units with custom cedar furnishings.
    (903) 791-1088
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    69 Courthouse Sq Murfreesboro, AR 71958
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