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

    16101 Hwy 62 Prairie Grove, AR 72753

    • Retail space
    • 3,600 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Location Intelligence
    Property ID
    US05-0829077
    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 16101 Hwy 62

    Year built
    2000
    Lot size
    1.14 lot acres
    Property size
    3,600 SF
    Property type
    Retail space
    APN
    001-08829-000
    APU
    108829000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prairie Grove
    County
    Washington
    State
    Arkansas
    Longitude
    -94.3514
    Latitude
    35.9611
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 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
    2024
    $1,703
    $10,700
    $44,200
    $54,900
    -
    $53,500
    $221,000
    $274,500

    Comparable in this City

    • Value Estimation by Request
      3,894 SF

      151 Buchanan St

      RETAIL STORES (PERSONAL SERVICES) • 3,894 SF
      151 Buchanan St, Prairie Grove, AR 72753-2900
      View Details
    • Value Estimation by Request
      2,400 SF

      16056 Hwy 62

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      16056 Hwy 62, Prairie Grove, AR 72753-9205
      View Details
    • Value Estimation by Request
      2,060 SF

      114 Buchanan St

      RETAIL STORES (PERSONAL SERVICES) • 2,060 SF
      114 Buchanan St, Prairie Grove, AR 72753
      View Details
    • Value Estimation by Request
      1,974 SF

      307 Buchanan St

      RETAIL STORES (PERSONAL SERVICES) • 1,974 SF
      307 Buchanan St, Prairie Grove, AR 72753-2904
      View Details
    • Value Estimation
      $75,000
      2,460 SF

      115 Buchanan St

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      115 Buchanan St, Prairie Grove, AR 72753-2900
      View Details
    • Value Estimation by Request
      6,672 SF

      955 Hwy 62

      RETAIL STORES (PERSONAL SERVICES) • 6,672 SF
      955 Hwy 62, Prairie Grove, AR 72753-7901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      31.51 Acres

      Prairie Grove Commercial Land

      31 Acres, Hwy 62 Development
      0 Mock St, Prairie Grove, AR 72753
      View Details
    • $740,520
      2.00 Acres

      Prime Prairie Grove Commercial Land

      2-Acre Lot, Hwy 62, $740,520
      0 Lot 2 Hwy 62, Farmington, AR 72753
      View Details
    • $2,379,465
      11.50 Acres

      Prairie Grove Land For Sale

      11.5 acre tract suitable for commercial, multi-family, or residential.
      11.5 +/- Ac Tract A Hwy 62 & Hogeye Rd, Prairie Grove, AR 72753
      View Details
    • $199,000
      2.87 Acres

      Prairie Grove Building Site

      2.87 acre building site with water tap.
      12740 Highway 265 S, Prairie Grove, AR 72753
      View Details
    • $80,000
      0.25 Acres

      Residential Lot in Established Neighborhood

      Level, cleared lot near amenities in Prairie Grove, Arkansas.
      Tbd Thurman, Prairie Grove, AR 72753
      View Details
    • $199,000
      2.76 Acres

      Highway Frontage Building Site

      2.76 AC building site with highway frontage.
      12750 Highway 265 S, Prairie Grove, AR 72753
      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.
    16101 Hwy 62
    Prairie Grove, AR 72753
    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.