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    301 Main St Mountain View, AR 72560-6448

    • Turn key restaurants
    • 3,050 SF
    • 0.14 lot acres
    OFF-MARKET
    Last Sale
    Jun 24, 2022
    $235,000
    Value Estimations
    $220,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0567768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Misty Sparks / Pharmacy
    • Dana Woods / Pharmacy

    Property Details for 301 Main St

    Year built
    1994
    Lot size
    0.14 lot acres
    Property size
    3,050 SF
    Property type
    Turn key restaurants
    APN
    750-00002-000C
    APU
    75000002000C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $215,000
      ML approach
      $195,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $254,000
      Market price range: $143k - $422k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Stone
    State
    Arkansas
    Longitude
    -92.1199
    Latitude
    35.8688

    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
    $1,901
    $4,340
    $45,660
    $50,000
    -
    $21,700
    $228,300
    $250,000

    Comparable in this City

    • Value Estimation
      $135,000
      344 SF

      1809 Main St

      RESTAURANT • 344 SF
      1809 Main St, Mountain View, AR 72560
      View Details
    • Value Estimation
      $250,000
      5,312 SF

      20903 Hwy 5th 5

      RESTAURANT • 5,312 SF
      20903 Hwy 5th 5, Mountain View, AR 72560-8639
      View Details
    • Value Estimation
      $250,000
      7,880 SF

      103 Peabody Ave

      RESTAURANT • 7,880 SF
      103 Peabody Ave, Mountain View, AR 72560-6231
      View Details
    • Value Estimation
      $235,000
      1,900 SF

      1613 Main St

      RESTAURANT • 1,900 SF
      1613 Main St, Mountain View, AR 72560-6258
      View Details
    • Value Estimation
      $230,000
      2,240 SF

      216 Main St

      RESTAURANT • 2,240 SF
      216 Main St, Mountain View, AR 72560-6293
      View Details
    • Value Estimation
      $160,000
      1,612 SF

      106 Main St

      RESTAURANT • 1,612 SF
      106 Main St, Mountain View, AR 72560-6388
      View Details

    Similar Nearby for Sale

    • $500,000
      3,048 SF

      Mountain View KFC - $500K

      Prime QSR location, vacant, high tourism area.
      105 Sylamore Ave, Mountain View, AR 72560
      View Details
    • $2,800,000
      10,782 SF

      Hospitality Property with Restaurant, Store

      Hospitality property with restaurant, store, and river access.
      23080 Ar-5, Mountain View, AR 72560
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    • $340,000
      8,585 SF

      Mountain View Mixed-Use Opportunity

      Mixed-use property in Mountain View, AR with two buildings.
      105 N Bayou Dr, Mountain View, AR 72560
      View Details
    • $289,000
      2,068 SF

      Downtown Commercial Building in Mountain View

      Prime commercial building in downtown Mountain View, Arkansas.
      208 W Main St, Mountain View, AR 72560
      View Details
    • $465,000
      3,240 SF

      Turnkey Auto Mechanic & Tire Shop

      Established auto mechanic and tire shop, fully equipped and ready!
      2260 W Main St, Mountain View, AR 72560
      View Details
    • $295,000
      3,126 SF

      Commercial Property on East Main

      Versatile commercial property with shop, office, and canopy.
      1409 E Main St, Mountain View, AR 72560
      View Details
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    301 Main St
    Mountain View, AR 72560-6448
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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