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    Property profile & analytics

    102 Highway 178 Midway, AR 72653

    • Commercial real estate
    • 0.07 lot acres
    For Sale
    View listing
    $169,900
    Value Estimation
    Location Intelligence
    Property ID
    US05-1578771
    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

    • Commercial real estate

    Property Details for 102 Highway 178

    Lot size
    0.07 lot acres
    Property type
    Commercial real estate
    APN
    002-04947-000
    APU
    204947000

    Description

    This exceptional commercial property, situated at 102 HWY 178 in Midway, Arkansas, presents a unique investment opportunity. Boasting a prime location at the intersection of HWY 5 and HWY 178, between the popular Bull Shoals and Norfork Lakes, this property enjoys high visibility and convenient access. The property encompasses 0.61 acres and includes a diverse range of structures, making it suitable for a variety of uses. Six 12x24 foot storage units and eight 10x20 foot storage units provide ample storage space, generating potential rental income. Two generously sized attached shops, each equipped with a restroom and a large overhead door, offer versatile space for workshops, small businesses, or additional storage. The spacious front lot is partially fenced, ready for a gate, ideal for boat and RV storage, further enhancing the property's income potential. A smaller building with highway frontage adds to the property's flexibility

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midway
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.4632
    Latitude
    36.3852
    CBSA code
    34260
    CBSA name
    MOUNTAIN HOME, 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
    2023
    $71
    $1,100
    $500
    $1,600
    -
    $5,500
    $2,500
    $8,000

    Comparable in this City

    • Value Estimation by Request
      16,072 SF

      Hwy 5th 5

      COMMERCIAL (GENERAL) • 16,072 SF
      Hwy 5th 5, Midway, AR 72651
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    • Value Estimation by Request
      0.08 Acres

      178 Hwy Rd

      COMMERCIAL (GENERAL) • 0.08 Acres
      178 Hwy Rd, Midway, AR 72651
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    • Value Estimation by Request
      37,900 SF

      298 Hwy 178th W

      COMMERCIAL (GENERAL) • 37,900 SF
      298 Hwy 178th W, Midway, AR 72651-8901
      View Details
    • Value Estimation by Request
      4.68 Acres

      126 County Rd 12

      COMMERCIAL (GENERAL) • 4.68 Acres
      126 County Rd 12, Midway, AR 72651
      View Details
    • Value Estimation
      $350,000
      13.75 Acres

      7158 Hwy 126th N

      COMMERCIAL (GENERAL) • 13.75 Acres
      7158 Hwy 126th N, Midway, AR 72651-9311
      View Details
    • Value Estimation by Request
      11.43 Acres

      178 Hwy At County Rd 1083

      COMMERCIAL (GENERAL) • 11.43 Acres
      178 Hwy At County Rd 1083, Midway, AR 72651
      View Details

    Similar Nearby for Sale

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      0.18 Acres

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      6.82 Acres

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    102 Highway 178
    Midway, AR 72653
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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
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