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    Property profile & analytics

    215 3rd Laurel St Newport, AR 72112

    • Retail space
    • 1,575 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 02, 2022
    $22,000
    Location Intelligence
    Property ID
    US05-0191862
    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 215 3rd Laurel St

    Year built
    1963
    Lot size
    0.33 lot acres
    Property size
    1,575 SF
    Property type
    Retail space
    APN
    013-00537-000
    APU
    1300537000

    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
    -91.2799
    Latitude
    35.6062

    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
    $422
    $1,990
    $6,120
    $8,110
    -
    $9,950
    $30,600
    $40,550

    Comparable in this City

    • Value Estimation by Request
      1,125 SF

      Frnt St St

      RETAIL STORES (PERSONAL SERVICES) • 1,125 SF
      Frnt St St, Newport, AR 72112
      View Details
    • Value Estimation by Request
      1,796 SF

      11299 Hwy 17th N

      RETAIL STORES (PERSONAL SERVICES) • 1,796 SF
      11299 Hwy 17th N, Newport, AR 72112
      View Details
    • Value Estimation by Request
      7,243 SF

      1019 Malcolm Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,243 SF
      1019 Malcolm Ave, Newport, AR 72112-3503
      View Details
    • Value Estimation by Request
      5,691 SF

      422 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 5,691 SF
      422 Frnt St, Newport, AR 72112-3335
      View Details
    • Value Estimation
      $415,000
      2,829 SF

      3105 Hwy 367th N

      RETAIL STORES (PERSONAL SERVICES) • 2,829 SF
      3105 Hwy 367th N, Newport, AR 72112-2136
      View Details
    • Value Estimation by Request
      1,760 SF

      414 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      414 2nd St, Newport, AR 72112-3320
      View Details

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    215 3rd Laurel St
    Newport, AR 72112
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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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