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    Property profile & analytics

    261 Hwy 62412th E Salem, AR 72576

    • Drive through restaurants
    • 2,326 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US05-0563563
    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

    • Drive through restaurants

    Property Details for 261 Hwy 62412th E

    Year built
    1992
    Lot size
    1.19 lot acres
    Property size
    2,326 SF
    Property type
    Drive through restaurants
    APN
    895-27599-001
    APU
    89527599001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.8346
    Latitude
    36.3544

    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
    $2,153
    $5,180
    $56,700
    $61,880
    -
    $25,900
    $283,500
    $309,400

    Comparable in this City

    • Value Estimation
      $405,000
      1,356 SF

      121 Hwy 62412th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,356 SF
      121 Hwy 62412th E, Salem, AR 72576
      View Details
    • Value Estimation by Request
      2,828 SF

      852 Hwy 62nd W, Unit 412

      RESTAURANT • 2,828 SF
      852 Hwy 62nd W, Salem, AR 72576-9716
      View Details
    • Value Estimation by Request
      2,102 SF

      126 Locust St

      RESTAURANT • 2,102 SF
      126 Locust St, Salem, AR 72576
      View Details
    • Value Estimation by Request
      2,436 SF

      Hwy 62412th E

      RESTAURANT • 2,436 SF
      Hwy 62412th E, Salem, AR 72576
      View Details
    • Value Estimation by Request
      480 SF

      111 Church St

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      111 Church St, Salem, AR 72576
      View Details
    • Value Estimation by Request
      7,140 SF

      143 Church St

      RETAIL STORES (PERSONAL SERVICES) • 7,140 SF
      143 Church St, Salem, AR 72576
      View Details

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    261 Hwy 62412th E
    Salem, AR 72576
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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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