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Property profile & analytics

223 Main St Mountain View, AR 72560-6465

  • Retail space
  • 4,224 SF
  • 0.22 lot acres
OFF-MARKET
Value Estimation
$260,000
Last Sale
May 26, 2020
$246,000
Location Intelligence
Property ID
US05-0639323
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 223 Main St

Year built
1955
Lot size
0.22 lot acres
Property size
4,224 SF
Property type
Retail space
APN
720-00015-000C
APU
72000015000C

Description

This exceptional retail investment opportunity presents a fully occupied, 4,224 square foot storefront located at 223 W Main St, Mountain View, AR 72560. The property, built in 1955 and renovated in 2020, boasts a 100% occupancy rate with two units, generating a substantial net operating income (NOI) of $66,360 and an attractive 11.64% cap rate. The asking price is $569,900, translating to $134.92 per square foot. The property sits on a 0.22-acre lot and is zoned for commercial use. Included is a one-bedroom, one-bathroom efficiency apartment, currently generating rental income and offering additional revenue streams. The property also includes a fully operational flea market setup with a waiting list of potential vendors. Conveniently located on the Courthouse Square, this property benefits from high foot traffic and proximity to shopping and the Pickin' Park. Private parking is available at the rear, supplemented by nearby public parking. This turnkey operation offers multiple income streams and significant potential for future growth. The current lease terms are expiring, providing the new owner with flexibility and control. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $240,000
    7%
    $220,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $260,000
    Geo Method
    $260,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $290,000
    Retail
    $280,000
    Mixed-Use
    $275,000
    Hospitality
    $280,000
    Educational
    $280,000
    Residential Income
    $250,000
    Energy
    $215,000
    Income-Based Land
    $280,000
    Food Service
    $270,000

Location Insight

  • Map
  • Local Demand
City
Mountain View
County
Stone
State
Arkansas
Longitude
-92.1197
Latitude
35.8688

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
$1,249
$6,710
$26,140
$32,850
-
$33,550
$130,700
$164,250
More about this property
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