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    302 Main St Melbourne, AR 72556-8282
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    Property profile & analytics

    302 Main St, Melbourne, AR 72556-8282

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    • Motels
    • 5,140 SF
    • 0.51 lot acres
    Off-Market
    Last Sale Oct 31, 2023
    $325,000
    Property ID
    US05-1969861
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 302 Main St

    Year built
    1979
    Lot size
    0.51 lot acres
    Property type
    Motels
    APN
    485-00118-000
    APU
    48500118000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2023 $325,000 Denmill Cedar Lodge LLC Nuview Trust Company Warranty Deed —
    Sep 11, 2019 $215,000 Nuview Trust Company Rock It Properties I LLC Special Warranty Deed —
    Dec 14, 2018 — Rock It Properties I LLC — Deed · related $200k · Jodi Smith
    Nov 6, 2018 $200,000 Rock It Properties LLC Stephen J Lyons Warranty Deed $200k · Jodi Smith

    Description

    DenMill Cedar Lodge, located at 302 N Main Street in the heart of Downtown Melbourne, Arkansas, presents a compelling investment opportunity. This property encompasses approximately 5,140 square feet across two buildings situated on a half-acre lot. The lodge currently boasts 17 rooms, offering a unique blend of rental options. Four rooms are occupied by long-term tenants, providing a stable income stream. Eleven rooms are available for nightly rentals, catering to the tourism and short-term stay market. Two additional rooms are currently not in use


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    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Izard
    State
    Arkansas
    Longitude
    -91.9105
    Latitude
    36.0591

    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
    $2,041
    $4,880
    $36,000
    $40,880
    -
    $24,400
    $180,000
    $204,400
    More about this property
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