Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    16 Ct St Melbourne, AR 72556-6007

    • Office buildings
    • 2,700 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 04, 2021
    Location Intelligence
    Property ID
    US05-2145548
    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

    • Office buildings

    Property Details for 16 Ct St

    Lot size
    0.12 lot acres
    Property size
    2,700 SF
    Property type
    Office buildings
    APN
    485-00065-000
    APU
    48500065000

    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
    -91.9056
    Latitude
    36.0585

    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
    $524
    $2,590
    $7,900
    $10,490
    -
    $12,950
    $39,500
    $52,450

    Comparable in this City

    • Value Estimation by Request
      1,724 SF

      677 Main St

      OFFICE BUILDING • 1,724 SF
      677 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      2,204 SF

      674 Main St

      OFFICE BUILDING • 2,204 SF
      674 Main St, Melbourne, AR 72556-8031
      View Details
    • Value Estimation by Request
      1,600 SF

      24 Main St

      OFFICE BUILDING • 1,600 SF
      24 Main St, Melbourne, AR 72556-5500
      View Details
    • Value Estimation by Request
      2,135 SF

      194 Main St

      OFFICE BUILDING • 2,135 SF
      194 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      1,200 SF

      2475 Main St

      OFFICE BUILDING • 1,200 SF
      2475 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      1,888 SF

      8 Lunen St

      OFFICE BUILDING • 1,888 SF
      8 Lunen St, Melbourne, AR 72556
      View Details

    Similar Nearby for Sale

    • $74,900
      816 SF

      Prime Commercial Building and Land

      Located in the heart of downtown Melbourne, Arkansas.
      41 S Spring St, Melbourne, AR 72556
      View Details
    • $425,000
      0.50 Acres

      Melbourne Commercial Property - Prime Location

      Half-acre lot, ideal for various businesses.
      302 Main St, Melbourne, AR 72556
      View Details
    • $155,000
      1.27 Acres

      Riverfront Lot with RV Included

      1.27-acre property with 300 feet of White River frontage.
      300 Mt Olive Mnr Dr, Melbourne, AR 72556
      View Details
    • $245,000
      80.00 Acres

      Mountain Views Acreage in Melbourne

      80 acres with mountain views, hardwoods, and recreational potential.
      9205 Hwy 9 Hwy, Melbourne, AR 72556
      View Details
    • $299,000
      1,262 SF

      Log Cabin on 32 Acres

      Secluded 3-bedroom log cabin on 32 acres in North Central Arkansas.
      4217 Millcreek Rd, Melbourne, AR 72556
      View Details
    • New
      $60,000
      1.26 Acres

      Riverfront Acreage Near Melbourne, Arkansas

      1.26 acre riverfront property ideal for recreation or building.
      W School House Holw Rd, Melbourne, AR 72556
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Ct St
    Melbourne, AR 72556-6007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.