Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    235 Main St Melbourne, AR 72556

    • Outlet malls
    • 24,000 SF
    • 4.90 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US05-2119490
    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

    • Outlet malls

    Property Details for 235 Main St

    Year built
    1972
    Lot size
    4.90 lot acres
    Property size
    24,000 SF
    Property type
    Outlet malls
    APN
    525-00110-000
    APU
    52500110000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Izard
    State
    Arkansas
    Longitude
    -91.9029
    Latitude
    36.0602

    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
    $5,373
    $30,110
    $77,520
    $107,630
    -
    $150,550
    $387,600
    $538,150

    Comparable in this City

    • Value Estimation
      $535,000
      9,050 SF

      945 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,050 SF
      945 Main St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      816 SF

      41 Spg St

      WHOLESALE OUTLET, DISCOUNT STORE • 816 SF
      41 Spg St, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      1,200 SF

      189 Lunen St

      WHOLESALE OUTLET, DISCOUNT STORE • 1,200 SF
      189 Lunen St, Melbourne, AR 72556-8700
      View Details
    • Value Estimation
      $475,000
      16,864 SF

      2412 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 16,864 SF
      2412 Main St, Melbourne, AR 72556-9259
      View Details
    • Value Estimation by Request
      1,120 SF

      210 Airport Rd

      RESTAURANT • 1,120 SF
      210 Airport Rd, Melbourne, AR 72556
      View Details
    • Value Estimation by Request
      3,248 SF

      32 Lunen St

      RETAIL STORES (PERSONAL SERVICES) • 3,248 SF
      32 Lunen St, Melbourne, AR 72556
      View Details

    Similar Nearby for Sale

    • $74,900
      816 SF

      Prime Commercial Building and Land

      Located in the heart of downtown Melbourne, Arkansas.
      41 S Spring St, Melbourne, AR 72556
      View Details
    • $299,000
      1,262 SF

      Log Cabin on 32 Acres

      Secluded 3-bedroom log cabin on 32 acres in North Central Arkansas.
      4217 Millcreek Rd, Melbourne, AR 72556
      View Details
    • $245,000
      80.00 Acres

      Mountain Views Acreage in Melbourne

      80 acres with mountain views, hardwoods, and recreational potential.
      9205 Hwy 9 Hwy, Melbourne, AR 72556
      View Details
    • $425,000
      0.50 Acres

      Melbourne Commercial Property - Prime Location

      Half-acre lot, ideal for various businesses.
      302 Main St, Melbourne, AR 72556
      View Details
    • $155,000
      1.27 Acres

      Riverfront Lot with RV Included

      1.27-acre property with 300 feet of White River frontage.
      300 Mt Olive Mnr Dr, Melbourne, AR 72556
      View Details
    • $259,900
      115.00 Acres

      Secluded Ozark Mountain Retreat

      115-acre Ozark property with off-grid cabin and hunting potential.
      115A Greasy Bottom Rd, Melbourne, AR 72556
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    235 Main St
    Melbourne, AR 72556
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.