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    1324 Lacrosse Rd Melbourne, AR 72556-7090

    • Retail space
    • 8,539 SF
    • 41.98 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US05-2044906
    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 1324 Lacrosse Rd

    Year built
    2002
    Lot size
    41.98 lot acres
    Property size
    8,539 SF
    Property type
    Retail space
    APN
    001-02539-001
    APU
    102539001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Izard
    State
    Arkansas
    Longitude
    -91.8451
    Latitude
    36.069

    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
    $10,601
    $29,390
    $201,460
    $230,850
    -
    $146,950
    $1,007,300
    $1,154,250

    Comparable in this City

    • Value Estimation by Request
      3,248 SF

      32 Lunen St

      RETAIL STORES (PERSONAL SERVICES) • 3,248 SF
      32 Lunen St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      2,816 SF

      24 Lunen St

      RETAIL STORES (PERSONAL SERVICES) • 2,816 SF
      24 Lunen St, Melbourne, AR 72556
      View Details
    • Value Estimation
      $345,000
      2,880 SF

      1195 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      1195 Main St, Melbourne, AR 72556-9191
      View Details
    • Value Estimation
      $180,000
      4,000 SF

      31 School Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      31 School Dr, Melbourne, AR 72556-8620
      View Details
    • Value Estimation by Request
      2,200 SF

      85 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      85 Main St, Melbourne, AR 72556-5500
      View Details
    • Value Estimation by Request
      1,440 SF

      89 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      89 Main St, Melbourne, AR 72556
      View Details

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    1324 Lacrosse Rd
    Melbourne, AR 72556-7090
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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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