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    Property profile & analytics

    1395 Highway 78 N Wheatley, AR 72392

    • Grocery and convenience stores
    • 6,538 SF
    • 7.87 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Last Sale
    Aug 26, 2024
    $675,000
    Location Intelligence
    Property ID
    US05-0586502
    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

    • Grocery and convenience stores

    Property Details for 1395 Highway 78 N

    Lot size
    7.87 lot acres
    Property size
    6,538 SF
    Property type
    Grocery and convenience stores
    APN
    0807-00256-0000
    APU
    807002560000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $750,000
      6.5%
      $715,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $715,000
      Geo Method
      $625,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $685,000
      Mixed-Use
      $625,000
      Hospitality
      $595,000
      Educational
      $645,000
      Residential Income
      $745,000
      Energy
      $680,000
      Income-Based Land
      $725,000
      Food Service
      $730,000

    Location Insight

    • Map
    • Local Demand
    City
    Wheatley
    County
    St. Francis
    State
    Arkansas
    Longitude
    -91.1094
    Latitude
    34.9318
    CBSA code
    22620
    CBSA name
    FORREST CITY, AR MICROPOLITAN 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
    $3,578
    $25,590
    $47,440
    $73,030
    -
    $127,950
    $237,200
    $365,150

    Comparable in this City

    • Value Estimation
      $450,000
      4,335 SF

      1073 Hwy 78th S

      CONVENIENCE STORE • 4,335 SF
      1073 Hwy 78th S, Wheatley, AR 72392
      View Details
    • Value Estimation by Request
      961 SF

      Hwy 78

      CONVENIENCE STORE • 961 SF
      Hwy 78, Wheatley, AR 72392
      View Details
    • Value Estimation
      $315,000
      4,979 SF

      1070 Hwy 78th S

      CONVENIENCE STORE • 4,979 SF
      1070 Hwy 78th S, Wheatley, AR 72392
      View Details
    • Value Estimation by Request
      1,720 SF

      20086 Hwy 70th W

      RETAIL STORES (PERSONAL SERVICES) • 1,720 SF
      20086 Hwy 70th W, Wheatley, AR 72392-8864
      View Details
    • Value Estimation by Request
      4,800 SF

      1468 Hwy 78th N

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      1468 Hwy 78th N, Wheatley, AR 72392
      View Details
    • Value Estimation by Request
      384 SF

      20131 Hwy 70th W

      BARBER, HAIR SALON • 384 SF
      20131 Hwy 70th W, Wheatley, AR 72392-8864
      View Details
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    1395 Highway 78 N
    Wheatley, AR 72392
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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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