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    Property profile & analytics

    1502 Hwy 62nd 412 Highland, AR 72542-9470

    • Office buildings
    • 764 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-0985020
    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

    • Smokes / Tobacco Shop

    Property Details for 1502 Hwy 62nd 412

    Lot size
    0.45 lot acres
    Property size
    764 SF
    Property type
    Office buildings
    APN
    001-07081-001
    APU
    107081001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.547
    Latitude
    36.2594
    CBSA code
    12900
    CBSA name
    BATESVILLE, 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
    $575
    $2,700
    $11,900
    $14,600
    -
    $13,500
    $59,500
    $73,000

    Comparable in this City

    • Value Estimation by Request
      528 SF

      105 Main St

      OFFICE BUILDING • 528 SF
      105 Main St, Highland, AR 72542
      View Details
    • Value Estimation by Request
      1,868 SF

      113 Main St

      OFFICE BUILDING • 1,868 SF
      113 Main St, Highland, AR 72542
      View Details
    • Value Estimation by Request
      1,664 SF

      25 Big Crk Ln

      OFFICE BUILDING • 1,664 SF
      25 Big Crk Ln, Highland, AR 72542-8003
      View Details
    • Value Estimation
      $420,000
      3,600 SF

      2102 Hwy 62nd 412

      OFFICE BUILDING • 3,600 SF
      2102 Hwy 62nd 412, Highland, AR 72542-9478
      View Details
    • Value Estimation
      $190,000
      3,180 SF

      1492 Hwy 62nd 412

      OFFICE BUILDING • 3,180 SF
      1492 Hwy 62nd 412, Highland, AR 72542-9170
      View Details
    • Value Estimation
      $500,000
      719 SF

      710 Main St

      OFFICE BUILDING • 719 SF
      710 Main St, Highland, AR 72542-9803
      View Details

    Similar Nearby for Sale

    • New
      $69,900
      1.00 Acre

      Highway Commercial Building Ready

      Versatile commercial building on Highway 62/412 in Highland, AR.
      3142 Hwy 62/412 Hwy, Highland, AR 72542
      View Details
    • New
      $69,900
      1,584 SF

      Highway Commercial Building and Land

      Versatile commercial building on Highway 62/412, ready for customization.
      3142 62/412 Hwy, Highland, AR 72542
      View Details
    • $320,000
      3.00 Acres

      Hardy, AR Commercial Land Opportunity

      Three-acre commercial lot, $320,000.
      1947 63, Hardy, AR 72542
      View Details
    • $259,900
      1.82 Acres

      Highland Commercial Land Opportunity

      1.82 Acres, Prime Highway Location
      1794 Hwy, Highland, AR 72542
      View Details
    • $387,000
      0.07 Acres

      Hardy, AR Commercial Land Opportunity

      Prime 0.07-acre lot, ideal for development.
      214 Main, Hardy, AR 72542
      View Details
    • $52,900
      1.05 Acres

      Hardy, AR Acreage - Prime Development Opportunity

      1.05-acre lot, ideal for development. $52,900.
      Griffin Rd, Hardy, AR 72542
      View Details
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    1502 Hwy 62nd 412
    Highland, AR 72542-9470
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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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