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    Property profile & analytics

    204 Main St Monticello, AR 71655-4357

    • Retail space
    • 7,164 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1199660
    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 204 Main St

    Year built
    1900
    Property size
    7,164 SF
    Property type
    Retail space
    APN
    703-00069-000-C
    APU
    70300069000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.7907
    Latitude
    33.629

    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
    $1,132
    $0.00
    $23,340
    $23,340
    -
    $0.00
    $116,700
    $116,700

    Comparable in this City

    • Value Estimation by Request
      3,528 SF

      731 Hwy 278th W

      RETAIL STORES (PERSONAL SERVICES) • 3,528 SF
      731 Hwy 278th W, Monticello, AR 71655-3870
      View Details
    • Value Estimation by Request
      5,712 SF

      202 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,712 SF
      202 Main St, Monticello, AR 71655-4357
      View Details
    • Value Estimation by Request
      1,411 SF

      110 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,411 SF
      110 Main St, Monticello, AR 71655-4726
      View Details
    • Value Estimation by Request
      2,350 SF

      112 Gaines St

      RETAIL STORES (PERSONAL SERVICES) • 2,350 SF
      112 Gaines St, Monticello, AR 71655-4902
      View Details
    • Value Estimation by Request
      2,918 SF

      Conley At E Gaines St

      RETAIL STORES (PERSONAL SERVICES) • 2,918 SF
      Conley At E Gaines St, Monticello, AR 71655
      View Details
    • Value Estimation by Request
      2,478 SF

      829 Hwy 278th W

      RETAIL STORES (PERSONAL SERVICES) • 2,478 SF
      829 Hwy 278th W, Monticello, AR 71655-3872
      View Details

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    • $875,000
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      Renovated Restaurant with Rental Income

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    Similar Nearby for Lease

    • $13 SF/Yr
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      Northpark Village Shopping Center

      High-traffic retail center in Monticello, AR
      427 Us-425, Monticello, AR 71655
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    • Sponsored
      Contact for pricing

      1134 Highway 425 S

      AUTO REPAIR SHOP WITH EQUIPMENT (TURN KEY)
      1134 Highway 425 S, Monticello, AR 71655
      View Details
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    204 Main St
    Monticello, AR 71655-4357
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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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