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    Property profile & analytics

    12415 Hwy 187 Eureka Springs, AR 72631-8993

    • Office buildings
    • 9,196 SF
    • 5.77 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Location Intelligence
    Property ID
    US05-0493258
    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 12415 Hwy 187

    Year built
    1975
    Lot size
    5.77 lot acres
    Property size
    9,196 SF
    Property type
    Office buildings
    APN
    001-08875-000
    APU
    108875000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.8288
    Latitude
    36.4041

    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
    $2,707
    $14,540
    $76,800
    $91,340
    -
    $72,700
    $384,000
    $456,700

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      5 Stateline Dr

      OFFICE BUILDING • 1,600 SF
      5 Stateline Dr, Holiday Island, AR 72631-4627
      View Details
    • Value Estimation
      $70,000
      2,280 SF

      12608 Hwy 187

      OFFICE BUILDING • 2,280 SF
      12608 Hwy 187, Eureka Springs, AR 72631-9112
      View Details
    • Value Estimation
      $250,000
      1,560 SF

      95 Woodsdale Dr

      OFFICE BUILDING • 1,560 SF
      95 Woodsdale Dr, Holiday Island, AR 72631-4640
      View Details
    • Value Estimation
      $295,000
      5,860 SF

      1 Parkcliff Dr, Unit 3

      OFFICE BUILDING • 5,860 SF
      1 Parkcliff Dr, Holiday Island, AR 72631-9234
      View Details
    • Value Estimation
      $415,000
      5,218 SF

      105 Woodsdale Dr

      OFFICE BUILDING • 5,218 SF
      105 Woodsdale Dr, Holiday Island, AR 72631-4636
      View Details
    • Value Estimation
      $275,000
      1,656 SF

      77 Woodsdale Dr

      OFFICE BUILDING • 1,656 SF
      77 Woodsdale Dr, Holiday Island, AR 72631-4631
      View Details

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    • Contact for pricing
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      0.30 Acres

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    12415 Hwy 187
    Eureka Springs, AR 72631-8993
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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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