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    Property profile & analytics

    108 Hwy 71st N Alma, AR 72921-5024

    • Strip malls
    • 20,656 SF
    • 2.97 lot acres
    OFF-MARKET
    Value Estimation
    $1,270,000
    Last Sale
    Feb 06, 2023
    $1,323,636
    Location Intelligence
    Property ID
    US05-1408263
    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

    • Colourful Nails / Nail Salon
    • Autumn's Florals / Florist / Flower Delivery
    • Therapists In Motion / Speech Pathologist / Occupational Therapist
    • BoxDrop / Mattress Store
    • Enchanted beauty day spa / Spa

    Property Details for 108 Hwy 71st N

    Year built
    1993
    Lot size
    2.97 lot acres
    Property size
    20,656 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    710-01433-000-C
    APU
    71001433000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,255,000
      6.5%
      $1,270,000
      7%
      $1,245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,445,000
      Geo Method
      $1,380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,535,000
      Retail
      $1,570,000
      Mixed-Use
      $1,540,000
      Hospitality
      $1,255,000
      Educational
      $1,400,000
      Residential Income
      $1,355,000
      Energy
      $1,380,000
      Income-Based Land
      $1,715,000
      Food Service
      $1,485,000

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.225
    Latitude
    35.4854
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN 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
    $14,981
    $148,500
    $214,770
    $363,270
    -
    $742,500
    $1,073,850
    $1,816,350

    Comparable in this City

    • Value Estimation
      $400,000
      12,752 SF

      200 Collum W Ln

      SHOPPING CENTER, STRIP CENTER • 12,752 SF
      200 Collum W Ln, Alma, AR 72921-5001
      View Details
    • Value Estimation
      $190,000
      8,750 SF

      641 Hwy 71st N

      SHOPPING CENTER, STRIP CENTER • 8,750 SF
      641 Hwy 71st N, Alma, AR 72921-5107
      View Details
    • Value Estimation
      $425,000
      4,840 SF

      526 Hwy 71st N

      SHOPPING CENTER, STRIP CENTER • 4,840 SF
      526 Hwy 71st N, Alma, AR 72921
      View Details
    • Value Estimation
      $1,355,000
      10,028 SF

      333 Cherry St

      WHOLESALE OUTLET, DISCOUNT STORE • 10,028 SF
      333 Cherry St, Alma, AR 72921-3408
      View Details
    • Value Estimation
      $930,000
      104,782 SF

      367 Cherry St

      WHOLESALE OUTLET, DISCOUNT STORE • 104,782 SF
      367 Cherry St, Alma, AR 72921-3408
      View Details
    • Value Estimation
      $690,000
      20,460 SF

      218 Commerce Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 20,460 SF
      218 Commerce Dr, Alma, AR 72921-4767
      View Details

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    • $800,000
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    Alma, AR 72921-5024
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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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