1501 WashingtonForrest City, AR 72335

  • Healthcare properties
  • 7,908 SF
Off market
$4,830,000 Estimated

Property Details for 1501 Washington

Year built
1996
Lot size
0.48 AC
Property size (Sq ft)
7,908 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
0755-00005-0001
APU
755000050001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,139,418
    6.5%
    $1,051,770
    7%
    $976,644
  • Comparable approach

    Method
    Valuation
    Relative Method
    $616,508
    Geo Method
    $616,508
  • Alternative Use

    Use
    Valuation
    Residential
    $1,304,195
    Hospitality
    $1,194,635
    Educational
    $993,923
    Medical
    $1,028,105
    Retail
    $1,546,102
1501 Washington, Forrest City, Arkansas
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Location Insight

City
Forrest City
County
St. Francis
State
Arkansas
Latitude
35.0242
Longitude
-90.7883
CBSA code
22620
CBSA name
FORREST CITY, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,121
$9,100
$84,110
$93,210
-
$45,500
$420,550
$466,050

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