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    Property profile & analytics

    3028 Hwy 85gr Lexa, AR 72355-8230

    • Grocery and convenience stores
    • 1,920 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-2024629
    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

    • Grocery and convenience stores

    Property Details for 3028 Hwy 85gr

    Lot size
    0.13 lot acres
    Property size
    1,920 SF
    Property type
    Grocery and convenience stores
    APN
    119-00061-000
    APU
    11900061000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexa
    County
    Phillips
    State
    Arkansas
    Longitude
    -90.7855
    Latitude
    34.4601
    CBSA code
    25760
    CBSA name
    HELENA-WEST HELENA, 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
    $197
    $400
    $3,170
    $3,570
    -
    $2,000
    $15,850
    $17,850

    Comparable in this City

    • Value Estimation
      $60,000
      1,800 SF

      73 Hwy 1st N

      GROCERY, SUPERMARKET • 1,800 SF
      73 Hwy 1st N, Lexa, AR 72355-9088
      View Details
    • Value Estimation
      $1,420,000
      3,482 SF

      Bartons Conoco Ba

      CONVENIENCE STORE • 3,482 SF
      Bartons Conoco Ba, Lexa, AR 72355
      View Details
    • Value Estimation by Request
      2,520 SF

      103 Maple St

      GROCERY, SUPERMARKET • 2,520 SF
      103 Maple St, Lexa, AR 72355-8628
      View Details
    • Value Estimation by Request
      5,250 SF

      2426 Hwy 49

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
      2426 Hwy 49, Lexa, AR 72355
      View Details
    • Value Estimation by Request
      810 SF

      3555 Hwy 1st Ns

      RETAIL STORES (PERSONAL SERVICES) • 810 SF
      3555 Hwy 1st Ns, Lexa, AR 72355-9047
      View Details
    • Value Estimation by Request
      1,200 SF

      3400 Phillips Rd 352

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      3400 Phillips Rd 352, Lexa, AR 72355-8238
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.32 Acres

      Rondo, Arkansas Land Lot

      0.32 acre lot in Rondo, Arkansas, manufactured homes allowed.
      9-10 W 1St St, Lexa, AR 72355
      View Details
    • Contact for pricing
      0.32 Acres

      Residential Lot in Rondo, AR

      0.32 acre residential lot in Rondo, Arkansas. Owner financing.
      9-10 W 1St St, Lexa, AR 72355
      View Details
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    3028 Hwy 85gr
    Lexa, AR 72355-8230
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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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