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    Property profile & analytics

    2883 Hwy 23rd N Eureka Springs, AR 72631-9333

    • Turn key restaurants
    • 2,359 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US05-1514087
    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

    • Turn key restaurants

    Property Details for 2883 Hwy 23rd N

    Year built
    1950
    Construction
    FRAME
    Lot size
    1.30 lot acres
    Property size
    2,359 SF
    Property type
    Turn key restaurants
    APN
    001-08499-000
    APU
    108499000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.743
    Latitude
    36.4457

    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
    $2,024
    $4,600
    $38,370
    $42,970
    -
    $23,000
    $191,850
    $214,850

    Comparable in this City

    • Value Estimation
      $345,000
      2,000 SF

      Eureka Springs, AR 72631

      RESTAURANT • 2,000 SF
      Eureka Springs, AR 72631
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    • Value Estimation by Request
      2,097 SF

      304 Mundell Rd

      RESTAURANT • 2,097 SF
      304 Mundell Rd, Eureka Springs, AR 72631-8906
      View Details
    • Value Estimation
      $490,000
      2,753 SF

      7450 Hwy 187

      RESTAURANT • 2,753 SF
      7450 Hwy 187, Eureka Springs, AR 72631-9134
      View Details
    • Value Estimation by Request
      1,792 SF

      19288 Hwy 62nd W

      RETAIL STORES (PERSONAL SERVICES) • 1,792 SF
      19288 Hwy 62nd W, Eureka Springs, AR 72631-9193
      View Details
    • Value Estimation by Request
      2,992 SF

      400 Squire Beaver Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,992 SF
      400 Squire Beaver Rd, Eureka Springs, AR 72631
      View Details
    • Value Estimation
      $75,000
      5,560 SF

      5559 Hwy 23rd N

      AUTO REPAIR, GARAGE • 5,560 SF
      5559 Hwy 23rd N, Eureka Springs, AR 72631-9315
      View Details

    Similar Nearby for Sale

    • $1,295,000
      13,699 SF

      Eureka Springs Restaurant & Rentals

      Turnkey Restaurant, 7 Units, 6 Acres
      7450 Highway 187, Eureka Springs, AR 72631
      View Details
    • $950,000
      3,864 SF

      Eureka Springs Creek-Side Property

      11.5-acre property with garden center, coffee shop, and trails.
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      Lakeside Business Opportunity on Beaver Lake

      Thriving lakeside business with lodging and dive center on 14.47 acres.
      11792 Highway 187, Eureka Springs, AR 72631
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    • $779,000
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      Eureka Springs Investment Opportunity

      Turnkey vacation retreat near Beaver Lake and White River.
      8172 Highway 187, Eureka Springs, AR 72631
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    • $185,000
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      Holiday Island Land Opportunity

      2.80-acre commercial land parcel in Holiday Island, Arkansas.
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    • Contact for pricing
      0.43 Acres

      Holiday Island Land for Sale

      Wooded lot with views, Holiday Island amenities, near Eureka Springs.
      9 Cottonwood Ln, Holiday Island, AR 72631
      View Details
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    Eureka Springs, AR 72631-9333
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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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