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    Property profile & analytics

    1516 Main St Arkoma, OK 74901-3756

    • Grocery and convenience stores
    • 2,400 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Oct 05, 2022
    Location Intelligence
    Property ID
    US69-1175879
    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

    • J-Sac's / Convenience Store

    Property Details for 1516 Main St

    Year built
    1983
    Lot size
    0.10 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    A001-00-078-000-0-002-00
    APU
    A00100078000000200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arkoma
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.4413
    Latitude
    35.3472
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN 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
    2023
    $3,625
    $5,500
    $41,250
    $46,750
    -
    $50,000
    $375,000
    $425,000

    Comparable in this City

    • Value Estimation by Request
      2,450 SF

      Hwy 112

      CONVENIENCE STORE • 2,450 SF
      Hwy 112, Arkoma, OK 74901
      View Details
    • Value Estimation by Request
      720 SF

      720 Main St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      720 Main St, Arkoma, OK 74901
      View Details
    • Value Estimation by Request
      416 SF

      Hwy 9a

      BARBER, HAIR SALON • 416 SF
      Hwy 9a, Arkoma, OK 74901
      View Details
    • Value Estimation
      $75,000
      3,488 SF

      Hwy 9a

      RETAIL STORES (PERSONAL SERVICES) • 3,488 SF
      Hwy 9a, Arkoma, OK 74901
      View Details
    • Value Estimation by Request
      1,425 SF

      1609 Main St

      AUTO REPAIR, GARAGE • 1,425 SF
      1609 Main St, Arkoma, OK 74901-3726
      View Details
    • Value Estimation by Request
      2,400 SF

      Arkoma, OK 74901

      AUTO REPAIR, GARAGE • 2,400 SF
      Arkoma, OK 74901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.32 Acres

      Residential Lots in Arkoma, OK

      Two city lots ideal for building a home in Arkoma.
      745 Yoakum Ave, Arkoma, OK 74901
      View Details
    • Contact for pricing
      0.48 Acres

      Residential Lots in Arkoma, Oklahoma

      Three city lots, mostly cleared, utilities at road.
      Tbd Yoakum Ave, Arkoma, OK 74901
      View Details
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    1516 Main St
    Arkoma, OK 74901-3756
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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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