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    Property profile & analytics

    231 Main St Batesville, AR 72501-5512

    • Turn key restaurants
    • 6,368 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Oct 21, 2022
    Location Intelligence
    Property ID
    US05-1325408
    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

    • Bigs Of Batesville / New American Restaurant

    Property Details for 231 Main St

    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    6,368 SF
    Property type
    Turn key restaurants
    APN
    1100620000C
    APU
    1100620000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Batesville
    County
    Independence
    State
    Arkansas
    Longitude
    -91.6532
    Latitude
    35.7712
    CBSA code
    12900
    CBSA name
    BATESVILLE, AR MICROPOLITAN 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
    $1,786
    $2,740
    $30,730
    $33,470
    -
    $13,700
    $153,650
    $167,350

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      100 Main St

      RESTAURANT • 1,320 SF
      100 Main St, Batesville, AR 72501
      View Details
    • Value Estimation by Request
      540 SF

      2505 Central Ave

      RESTAURANT • 540 SF
      2505 Central Ave, Batesville, AR 72501-8650
      View Details
    • Value Estimation by Request
      2,474 SF

      300 Lawrence St

      RESTAURANT • 2,474 SF
      300 Lawrence St, Batesville, AR 72501-7100
      View Details
    • Value Estimation
      $1,485,000
      4,080 SF

      1355 Main St

      RESTAURANT • 4,080 SF
      1355 Main St, Batesville, AR 72501-3159
      View Details
    • Value Estimation
      $185,000
      1,800 SF

      1919 Batesville Blvd

      RESTAURANT • 1,800 SF
      1919 Batesville Blvd, Southside, AR 72501-7896
      View Details
    • Value Estimation
      $265,000
      4,375 SF

      109 Main St

      RESTAURANT • 4,375 SF
      109 Main St, Batesville, AR 72501-5509
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Batesville Commercial Land - 1.34 Acres

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      View Details
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      9,718 SF

      Historic District Commercial Building

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      High-visibility commercial building on a busy intersection for sale.
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    • $225,000
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      Batesville Retail Investment Opportunity

      Prime 1,344 SF Auto Shop/Convenience Store
      2335 Harrison St, Batesville, AR 72501
      View Details
    • $3,950,000
      60,998 SF

      60,998 SF Batesville Shopping Center

      60,998 SF shopping center near Lyon College for sale.
      425 South Saint Louis St, Batesville, AR 72501
      View Details
    • $1,599,000
      1.34 Acres

      Batesville AR Commercial Land Investment

      1.34 Acres, Prime Location, $1.599M
      2395 Harrison St, Batesville, AR 72501
      View Details
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    231 Main St
    Batesville, AR 72501-5512
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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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