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    Property profile & analytics

    124 Highway 463 Trumann, AR 72472

    • Turn key restaurants
    • 2,400 SF
    • 0.31 lot acres
    For Sale
    View listing
    $279,900
    Value Estimation
    Location Intelligence
    Property ID
    US05-1617083
    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

    • Turn key restaurants

    Property Details for 124 Highway 463

    Year built
    2018
    Lot size
    0.31 lot acres
    Property size
    2,400 SF
    Property type
    Turn key restaurants
    APN
    555-01832-0000
    APU
    555018320000

    Description

    This exceptional 0.31-acre commercial lot presents a unique investment opportunity in the thriving town of Trumann, Arkansas. Located at 124 Hwy 463 S, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The expansive 0.31-acre parcel offers ample space for development, allowing for the construction of a new building or the expansion of an existing business. Its strategic location on Highway 463 S ensures high traffic volume and significant exposure to potential customers. The property is situated in a dynamic area with growing commercial activity, presenting a strong potential for return on investment. This is a rare chance to acquire a well-positioned commercial lot in a desirable location. The asking price is $279,900. Serious inquiries are encouraged to explore the possibilities this property offers. Given its size and location, this property is suitable for a range of commercial uses, from retail establishments to light industrial operations. The absence of existing structures allows for complete customization to meet specific business needs. Don't miss this chance to secure a prime piece of commercial real estate in Trumann, AR. Act quickly, as opportunities like this are seldom available.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $260,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $290,000
      Mixed-Use
      $315,000
      Hospitality
      $305,000
      Educational
      $240,000
      Residential Income
      $270,000
      Energy
      $330,000
      Income-Based Land
      $325,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Trumann
    County
    Poinsett
    State
    Arkansas
    Longitude
    -90.5167
    Latitude
    35.6708
    CBSA code
    27860
    CBSA name
    JONESBORO, AR 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
    2024
    $2,675
    $3,810
    $51,240
    $55,050
    -
    $19,050
    $256,200
    $275,250

    Comparable in this City

    • Value Estimation by Request
      3,848 SF

      Couchs Bbq Hwy 463

      RESTAURANT • 3,848 SF
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      View Details
    • Value Estimation
      $370,000
      2,508 SF

      537 Hwy 463rd S

      RESTAURANT • 2,508 SF
      537 Hwy 463rd S, Trumann, AR 72472-1613
      View Details
    • Value Estimation by Request
      1,600 SF

      Jerrys Steak House

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      View Details
    • Value Estimation by Request
      1,260 SF

      Trumann, AR 72472

      RESTAURANT • 1,260 SF
      Trumann, AR 72472
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    • Value Estimation
      $95,000
      2,177 SF

      300 Hwy 463rd Andrews Rst

      RESTAURANT • 2,177 SF
      300 Hwy 463rd Andrews Rst, Trumann, AR 72472
      View Details
    • Value Estimation
      $690,000
      3,805 SF

      510 Industrial Park Dr

      RESTAURANT • 3,805 SF
      510 Industrial Park Dr, Trumann, AR 72472-9602
      View Details

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    Trumann, AR 72472
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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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