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    Property profile & analytics

    1308 Hwy 71st N Mena, AR 71953-8417

    • Turn key restaurants
    • 1,820 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1866881
    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 1308 Hwy 71st N

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.57 lot acres
    Property size
    1,820 SF
    Property type
    Turn key restaurants
    APN
    6000-03092-0750
    APU
    6000030920750

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.2174
    Latitude
    34.5868

    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
    $925
    $10,880
    $13,460
    $24,340
    -
    $54,400
    $67,300
    $121,700

    Comparable in this City

    • Value Estimation by Request
      2,300 SF

      1110 Hwy 71st S

      RESTAURANT • 2,300 SF
      1110 Hwy 71st S, Mena, AR 71953-4034
      View Details
    • Value Estimation
      $420,000
      10,232 SF

      623 Sherwood Ave

      RESTAURANT • 10,232 SF
      623 Sherwood Ave, Mena, AR 71953-3235
      View Details
    • Value Estimation by Request
      1,625 SF

      Dequeen St

      RESTAURANT • 1,625 SF
      Dequeen St, Mena, AR 71953
      View Details
    • Value Estimation
      $150,000
      6,468 SF

      821 Mena St

      RESTAURANT • 6,468 SF
      821 Mena St, Mena, AR 71953-4245
      View Details
    • Value Estimation by Request
      2,500 SF

      615 Mena St

      RESTAURANT • 2,500 SF
      615 Mena St, Mena, AR 71953-3339
      View Details
    • Value Estimation
      $260,000
      1,600 SF

      1321 Hwy 71st S

      RESTAURANT • 1,600 SF
      1321 Hwy 71st S, Mena, AR 71953-3861
      View Details

    Similar Nearby for Sale

    • $795,000
      3,640 SF

      Established Restaurant with Business and Land

      Turn-key restaurant with 50-year reputation, includes equipment, liquor license.
      1150 Highway 71 South, Mena, AR 71953
      View Details
    • $825,000
      6,468 SF

      Mena, AR Tap Room Restaurant

      Popular tap room and restaurant in Mena, Arkansas for sale.
      821 Mena St, Mena, AR 71953
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    • $240,000
      4,188 SF

      Commercial Building with Highway Visibility

      Commercial building with living quarters and shop on 1.82 acres.
      2915 Highway 88 E, Mena, AR 71953
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    • $725,000
      2,000 SF

      Turn-Key Business Opportunity Near Mena

      Profitable store and eatery near Mena, Arkansas, with outdoor space.
      2467 Highway 375 E, Mena, AR 71953
      View Details
    • $189,000
      2,400 SF

      Vacant Metal Building in Mena

      Vacant metal building with office, shop, and waiting area.
      3084 Highway 71 S, Mena, AR 71953
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    • $230,000
      2,312 SF

      Updated Building and Land

      Updated building with new electrical, sheetrock, and flooring.
      1105 11 Steet, Mena, AR 71953
      View Details
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    Mena, AR 71953-8417
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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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