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    Property profile & analytics

    16325 Hwy 62 Prairie Grove, AR 72753-9208

    • Bars
    • 2,960 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Location Intelligence
    Property ID
    US05-0833951
    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

    • Bars

    Property Details for 16325 Hwy 62

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.60 lot acres
    Property size
    2,960 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    001-08827-000
    APU
    108827000

    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
    -94.3568
    Latitude
    35.9596
    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
    $2,128
    $10,450
    $59,780
    $70,230
    -
    $52,250
    $298,900
    $351,150

    Comparable in this City

    • Value Estimation
      $235,000
      2,938 SF

      121 Pittman St

      RESTAURANT • 2,938 SF
      121 Pittman St, Prairie Grove, AR 72753-2935
      View Details
    • Value Estimation
      $260,000
      5,600 SF

      861 Heritage Pkwy

      RESTAURANT • 5,600 SF
      861 Heritage Pkwy, Prairie Grove, AR 72753-6042
      View Details
    • Value Estimation
      $490,000
      6,476 SF

      207 Buchanan St, Unit A-B

      RESTAURANT • 6,476 SF
      207 Buchanan St, Prairie Grove, AR 72753-3002
      View Details
    • Value Estimation by Request
      1,483 SF

      109 Buchanan St

      RESTAURANT • 1,483 SF
      109 Buchanan St, Prairie Grove, AR 72753-3009
      View Details
    • Value Estimation
      $200,000
      4,211 SF

      661 Douglas St

      RESTAURANT • 4,211 SF
      661 Douglas St, Prairie Grove, AR 72753-2733
      View Details
    • Value Estimation
      $430,000
      1,704 SF

      112 Pittman St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,704 SF
      112 Pittman St, Prairie Grove, AR 72753-2934
      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
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    16325 Hwy 62
    Prairie Grove, AR 72753-9208
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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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