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    Property profile & analytics

    221 Hwy 64th E Alma, AR 72921

    • Retail space
    • 10,400 SF
    • 1.33 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Last Sale
    Oct 20, 2022
    $500,000
    Location Intelligence
    Property ID
    US05-1046667
    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 221 Hwy 64th E

    Year built
    2000
    Lot size
    1.33 lot acres
    Property size
    10,400 SF
    Property type
    Retail space
    APN
    710-01429-000-C
    APU
    71001429000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $570,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $635,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $545,000
      Mixed-Use
      $595,000
      Hospitality
      $520,000
      Educational
      $560,000
      Residential Income
      $560,000
      Energy
      $545,000
      Income-Based Land
      $605,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.2214
    Latitude
    35.4847
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK 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
    2023
    $5,363
    $12,150
    $88,660
    $100,810
    -
    $60,750
    $443,300
    $504,050

    Comparable in this City

    • Value Estimation
      $395,000
      3,000 SF

      350 Cherry St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      350 Cherry St, Alma, AR 72921-3407
      View Details
    • Value Estimation by Request
      11,560 SF

      4320 Hwy 71

      RETAIL STORES (PERSONAL SERVICES) • 11,560 SF
      4320 Hwy 71, Alma, AR 72921-8053
      View Details
    • Value Estimation by Request
      2,145 SF

      711 Fayetteville Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,145 SF
      711 Fayetteville Ave, Alma, AR 72921-3603
      View Details
    • Value Estimation
      $405,000
      5,616 SF

      220 Hwy 64th W

      RETAIL STORES (PERSONAL SERVICES) • 5,616 SF
      220 Hwy 64th W, Alma, AR 72921-3307
      View Details
    • Value Estimation
      $330,000
      12,005 SF

      702 Hwy 71st N

      RETAIL STORES (PERSONAL SERVICES) • 12,005 SF
      702 Hwy 71st N, Alma, AR 72921-5109
      View Details
    • Value Estimation by Request
      2,251 SF

      703 Fayetteville Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,251 SF
      703 Fayetteville Ave, Alma, AR 72921-3603
      View Details

    Similar Nearby for Sale

    • $800,000
      12,000 SF

      Income Producing Retail Property

      12,000 SF retail property on 1.4 acres in Alma.
      702 N 71 Hwy, Alma, AR 72921
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    • $800,000
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      Income Producing Retail Property

      12,000 SF retail property on 1.4 acres in Alma, AR.
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    • $79,700
      5.00 Acres

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      5-acre tract suitable for mixed use with utilities available.
      Tbd Old Macedonia Rd, Alma, AR 72921
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    • $39,900
      0.34 Acres

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    • $43,000
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      Two-acre residential land parcel ready for building in Alma, AR.
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    221 Hwy 64th E
    Alma, AR 72921
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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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