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    Property profile & analytics

    208 2nd St Newport, AR 72112-3316

    • Turn key restaurants
    • 651 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-2176371
    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

    • Turn key restaurants

    Property Details for 208 2nd St

    Year built
    1950
    Lot size
    0.02 lot acres
    Property size
    651 SF
    Property type
    Turn key restaurants
    APN
    013-00532-002
    APU
    1300532002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.28
    Latitude
    35.6068

    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
    2023
    $369
    $140
    $6,960
    $7,100
    -
    $700
    $34,800
    $35,500

    Comparable in this City

    • Value Estimation by Request
      4,064 SF

      121 Hazel St

      RESTAURANT • 4,064 SF
      121 Hazel St, Newport, AR 72112
      View Details
    • Value Estimation by Request
      1,504 SF

      518 Malcolm Ave

      RESTAURANT • 1,504 SF
      518 Malcolm Ave, Newport, AR 72112-3404
      View Details
    • Value Estimation
      $270,000
      4,252 SF

      112 Harwood St

      RESTAURANT • 4,252 SF
      112 Harwood St, Newport, AR 72112-3680
      View Details
    • Value Estimation by Request
      2,108 SF

      104 3rd St

      RESTAURANT • 2,108 SF
      104 3rd St, Newport, AR 72112-3412
      View Details
    • Value Estimation by Request
      1,883 SF

      601 Malcolm Ave

      RESTAURANT • 1,883 SF
      601 Malcolm Ave, Newport, AR 72112-3405
      View Details
    • Value Estimation by Request
      1,812 SF

      2500 Hwy 367th N

      RESTAURANT • 1,812 SF
      2500 Hwy 367th N, Newport, AR 72112-2322
      View Details

    Similar Nearby for Sale

    • $150,000
      4,064 SF

      Turnkey Restaurant in Downtown Newport

      Fully equipped restaurant with additional brick outbuilding and large lot.
      121 Hazel St, Newport, AR 72112
      View Details
    • $159,900
      2,520 SF

      Commercial Building and Land in Newport

      Commercial property suitable for various business ventures in Newport, Arkansas.
      101 Lindley Ln, Newport, AR 72112
      View Details
    • $395,000
      5,800 SF

      Newport, AR Commercial Property For Sale

      5,800 sq ft commercial building on 0.85-acre lot.
      204 Olivia Dr, Newport, AR 72112
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    • $1,100,000
      13,020 SF

      Freestanding Retail Building For Sale

      13,020 SF retail building with drive-thru and ample parking.
      2401 Malcolm Ave, Newport, AR 72112
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Lot in Jacksonport, AR

      Residential lot available in Jacksonport, close to the White River.
      206 Tunstall St, Newport, AR 72112
      View Details
    • New
      $35,000
      0.60 Acres

      Newport, AR - Development Opportunity

      0.60 acres in Newport, Arkansas, ideal for development.
      1 Lindley Ln, Newport, AR 72112
      View Details
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    208 2nd St
    Newport, AR 72112-3316
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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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