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    Property profile & analytics

    124 Park St Altus, AR 72821

    • Bars
    • 1,825 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 16, 2022
    $45,000
    Location Intelligence
    Property ID
    US05-1622448
    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

    • Bars

    Property Details for 124 Park St

    Year built
    1970
    Lot size
    0.10 lot acres
    Property size
    1,825 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    005-00273-001
    APU
    500273001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Franklin
    State
    Arkansas
    Longitude
    -93.763
    Latitude
    35.4471
    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
    2024
    $955
    $1,740
    $16,320
    $18,060
    -
    $8,700
    $81,600
    $90,300

    Comparable in this City

    • Value Estimation by Request
      2,580 SF

      109 Main St

      BAR, TAVERN • 2,580 SF
      109 Main St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      3,287 SF

      1701 Hendrix St

      BAR, TAVERN • 3,287 SF
      1701 Hendrix St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      1,945 SF

      107 Main St

      RESTAURANT • 1,945 SF
      107 Main St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      1,632 SF

      119 Main St

      RESTAURANT • 1,632 SF
      119 Main St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      2,592 SF

      1602 Franklin St

      RESTAURANT • 2,592 SF
      1602 Franklin St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      1,320 SF

      Main

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      Main, Altus, AR 72821
      View Details

    Similar Nearby for Sale

    • $93,900
      1,875 SF

      Downtown Altus Office Opportunity

      Office space in historic Altus, near festivals and events.
      115 W Main St, Altus, AR 72821
      View Details
    • $250,000
      0.52 Acres

      Prime Altus Entertainment Business

      Established Bar & Grill, Huge Potential
      1701 Hendrix St, Altus, AR 72821
      View Details
    • $360,000
      61.92 Acres

      62 Acres of Pasture Land

      62 acres of land suitable for farming or building.
      8468 Cambridge Rd, Altus, AR 72821
      View Details
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    124 Park St
    Altus, AR 72821
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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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