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    1223 Broadway St Morrilton, AR 72110-3701

    • Office buildings
    • 5,040 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US05-0584042
    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

    • Office buildings

    Property Details for 1223 Broadway St

    Year built
    1957
    Lot size
    0.50 lot acres
    Property size
    5,040 SF
    Property type
    Office buildings
    APN
    006-00253-001-C
    APU
    00600253001C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrilton
    County
    Conway
    State
    Arkansas
    Longitude
    -92.7276
    Latitude
    35.1525

    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
    $3,106
    $6,970
    $50,450
    $57,420
    -
    $34,850
    $252,250
    $287,100

    Comparable in this City

    • Value Estimation by Request
      2,112 SF

      307 Howell Dr

      OFFICE BUILDING • 2,112 SF
      307 Howell Dr, Morrilton, AR 72110-3124
      View Details
    • Value Estimation by Request
      1,973 SF

      201 Moose St

      OFFICE BUILDING • 1,973 SF
      201 Moose St, Morrilton, AR 72110-2913
      View Details
    • Value Estimation
      $110,000
      3,600 SF

      110 Chestnut St

      OFFICE BUILDING • 3,600 SF
      110 Chestnut St, Morrilton, AR 72110-3416
      View Details
    • Value Estimation
      $425,000
      2,880 SF

      14 Hospital Dr

      OFFICE BUILDING • 2,880 SF
      14 Hospital Dr, Morrilton, AR 72110-4510
      View Details
    • Value Estimation
      $450,000
      20,151 SF

      211 Moose St

      OFFICE BUILDING • 20,151 SF
      211 Moose St, Morrilton, AR 72110-2913
      View Details
    • Value Estimation by Request
      1,760 SF

      115 Moose St

      OFFICE BUILDING • 1,760 SF
      115 Moose St, Morrilton, AR 72110-2911
      View Details

    Similar Nearby for Sale

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      Commercial building on 2.42 acres, endless opportunities for business.
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      View Details
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      Residential lots in Morrilton, AR with convenient I-40 access.
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    • $36,500
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      Residential Lot in Golf Community

      Residential lot in exclusive golf course community.
      116 Country View Ct, Morrilton, AR 72110
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    • $38,000
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      Residential Lot Near Lake Overcup

      0.88 acre lot for custom build near Lake Overcup.
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    • Contact for pricing
      0.40 Acres

      Residential Lot in Established Area

      0.40-acre lot in Morrilton, near school and park.
      00 S Bridge St, Morrilton, AR 72110
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    Similar Nearby for Lease

    • $10 SF/Yr
      80,000 SF

      Retail Space in Morrilton Center

      Retail spaces available in established Morrilton shopping center.
      1515 East Harding St, Morrilton, AR 72110
      View Details
    • $10 SF/Yr
      21,000 SF

      Morrilton Shopping Center Retail Space

      Established shopping center with excellent visibility and ample parking.
      1515-1519 E Harding St, Morrilton, AR 72110
      View Details
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    1223 Broadway St
    Morrilton, AR 72110-3701
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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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