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    Property profile & analytics

    189 Lunen St Melbourne, AR 72556-8700

    • Outlet malls
    • 1,200 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1436731
    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

    • Outlet malls

    Property Details for 189 Lunen St

    Year built
    2015
    Lot size
    0.34 lot acres
    Property size
    1,200 SF
    Property type
    Outlet malls
    APN
    485-00152-000
    APU
    48500152000

    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
    -91.9063
    Latitude
    36.0581

    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
    $0.00
    $1,780
    $9,560
    $11,340
    -
    $8,900
    $47,800
    $56,700

    Comparable in this City

    • Value Estimation
      $535,000
      9,050 SF

      945 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,050 SF
      945 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      816 SF

      41 Spg St

      WHOLESALE OUTLET, DISCOUNT STORE • 816 SF
      41 Spg St, Melbourne, AR 72556
      View Details
    • Value Estimation
      $475,000
      16,864 SF

      2412 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 16,864 SF
      2412 Main St, Melbourne, AR 72556-9259
      View Details
    • Value Estimation
      $575,000
      24,000 SF

      235 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 24,000 SF
      235 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      1,120 SF

      210 Airport Rd

      RESTAURANT • 1,120 SF
      210 Airport Rd, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      3,248 SF

      32 Lunen St

      RETAIL STORES (PERSONAL SERVICES) • 3,248 SF
      32 Lunen St, Melbourne, AR 72556
      View Details

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    189 Lunen St
    Melbourne, AR 72556-8700
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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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