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    Property profile & analytics

    12411 Hwy 62nd E Green Forest, AR 72638-2287

    • Retail space
    • 7,200 SF
    • 4.87 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Aug 03, 2023
    Location Intelligence
    Property ID
    US05-0971412
    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

    • Retail space

    Property Details for 12411 Hwy 62nd E

    Year built
    1985
    Lot size
    4.87 lot acres
    Property size
    7,200 SF
    Property type
    Retail space
    APN
    001-00581-003
    APU
    100581003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Green Forest
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.3555
    Latitude
    36.3041

    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
    $2,224
    $13,740
    $45,360
    $59,100
    -
    $68,700
    $226,800
    $295,500

    Comparable in this City

    • Value Estimation by Request
      4,600 SF

      5827 Hwy 62nd 1201st Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,600 SF
      5827 Hwy 62nd 1201st Main St, Green Forest, AR 72638
      View Details
    • Value Estimation by Request
      2,240 SF

      2233 County Rd 612

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      2233 County Rd 612, Green Forest, AR 72638-2491
      View Details
    • Value Estimation by Request
      2,400 SF

      11561 Hwy 62nd E

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      11561 Hwy 62nd E, Green Forest, AR 72638-3357
      View Details
    • Value Estimation by Request
      1,920 SF

      205 Tommy Ratzlaff Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      205 Tommy Ratzlaff Ave, Green Forest, AR 72638-3140
      View Details
    • Value Estimation
      $305,000
      23,400 SF

      220 Main St

      RETAIL STORES (PERSONAL SERVICES) • 23,400 SF
      220 Main St, Green Forest, AR 72638
      View Details
    • Value Estimation by Request
      1,000 SF

      120 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      120 Main St, Green Forest, AR 72638
      View Details

    Similar Nearby for Sale

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      10,200 SF

      Green Forest Retail Opportunity

      Two commercial buildings on 1.67 acres with highway frontage.
      11487 Highway 62, Green Forest, AR 72638
      View Details
    • $124,900
      1,050 SF

      Auto Service Garage on Corner Lot

      Former auto repair shop with high visibility and traffic counts.
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    • Contact for pricing
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    • $174,500
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      Green Forest Buildable Lots

      Five buildable lots in Green Forest, investment potential.
      8 Redbud St, Green Forest, AR 72638
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    • $50,000
      5.01 Acres

      5 Acres in Green Forest

      5-acre parcel near Green Forest, AR, with agricultural zoning.
      4 Cr-906, Green Forest, AR 72638
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      70.39 Acres

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      70+ acres in Green Forest, AR with development potential.
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    Green Forest, AR 72638-2287
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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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