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    Property profile & analytics

    1201 Hwy 71st S Mena, AR 71953-8007

    • Outlet malls
    • 16,500 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US05-1643856
    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

    • Outlet malls

    Property Details for 1201 Hwy 71st S

    Year built
    2005
    Lot size
    1.49 lot acres
    Property size
    16,500 SF
    Property type
    Outlet malls
    APN
    6000-01974-0000
    APU
    6000019740000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.2453
    Latitude
    34.573

    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
    $7,457
    $15,610
    $159,440
    $175,050
    -
    $78,050
    $797,200
    $875,250

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      2415 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 4,000 SF
      2415 Hwy 71st S, Mena, AR 71953-8299
      View Details
    • Value Estimation
      $220,000
      15,265 SF

      1142 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 15,265 SF
      1142 Hwy 71st S, Mena, AR 71953-8078
      View Details
    • Value Estimation
      $400,000
      7,000 SF

      402 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 7,000 SF
      402 Hwy 71st S, Mena, AR 71953-4602
      View Details
    • Value Estimation by Request
      540 SF

      2300 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 540 SF
      2300 Hwy 71st S, Mena, AR 71953-8298
      View Details
    • Value Estimation
      $345,000
      14,400 SF

      318 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 14,400 SF
      318 Hwy 71st S, Mena, AR 71953-4640
      View Details
    • Value Estimation
      $230,000
      13,450 SF

      1167 Hwy 71st S

      WHOLESALE OUTLET, DISCOUNT STORE • 13,450 SF
      1167 Hwy 71st S, Mena, AR 71953-4754
      View Details

    Similar Nearby for Sale

    • $875,000
      1.87 Acres

      Storage and Retail Investment Opportunity

      Mixed-use property featuring storage units and a retail strip mall.
      2415 Highway 71 South, Mena, AR 71953
      View Details
    • $693,000
      1,920 SF

      Mena Commercial Building and Land

      Commercial building and land in a high-visibility, populated area.
      701 S Morrow St, Mena, AR 71953
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    • $230,000
      2,312 SF

      Updated Building and Land

      Updated building with new electrical, sheetrock, and flooring.
      1105 11 Steet, Mena, AR 71953
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    • $729,000
      2,720 SF

      Retail Building and Land For Sale

      Retail building on Hwy 71 with excellent parking.
      204 Highway 71, Mena, AR 71953
      View Details
    • $650,000
      8,864 SF

      Historic Mena Building: Investment Opportunity

      Restored historic building in Mena, AR with multiple income streams.
      601 Mena St, Mena, AR 71953
      View Details
    • $795,000
      3,640 SF

      Established Restaurant with Business and Land

      Turn-key restaurant with 50-year reputation, includes equipment, liquor license.
      1150 Highway 71 South, Mena, AR 71953
      View Details
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    Mena, AR 71953-8007
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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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