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    Property profile & analytics

    304 Hwy 62412th E Salem, AR 72576

    • Retail space
    • 2,432 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1044468
    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

    • Retail space

    Property Details for 304 Hwy 62412th E

    Year built
    1975
    Lot size
    0.18 lot acres
    Property size
    2,432 SF
    Property type
    Retail space
    APN
    806-28728-000
    APU
    80628728000

    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
    -91.8589
    Latitude
    36.3887

    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
    $600
    $780
    $13,340
    $14,120
    -
    $3,900
    $66,700
    $70,600

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      689 Hwy 62412th W B

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      689 Hwy 62412th W B, Salem, AR 72576
      View Details
    • Value Estimation by Request
      800 SF

      128 Pickren St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      128 Pickren St, 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
    • Value Estimation by Request
      1,659 SF

      131 Church St

      RETAIL STORES (PERSONAL SERVICES) • 1,659 SF
      131 Church St, Salem, AR 72576
      View Details
    • Value Estimation by Request
      5,880 SF

      242 Hwy 62412th E

      RETAIL STORES (PERSONAL SERVICES) • 5,880 SF
      242 Hwy 62412th E, Salem, AR 72576
      View Details

    Similar Nearby for Sale

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      Business and real estate for sale in Salem, Arkansas.
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    • $199,000

      Versatile Commercial Space in Salem, AR

      Adaptable commercial property with highway frontage, suitable for various businesses.
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    • $119,000
      3.00 Acres

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    • $189,000
      2,828 SF

      Salem Restaurant - Hwy 62/412

      Turnkey Restaurant, 2828 sq ft, 1.21 acres
      652 Hwy 62/412, Salem, AR 72576
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    • $119,000
      0.23 Acres

      Salem Retail Space - Hwy 62/412

      High-traffic retail space, great investment.
      316 Hwy 62/412, Salem, AR 72576
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    • $119,000
      3.00 Acres

      Salem, AR Commercial Land Opportunity

      3-Acre Commercial Lot - $119,000
      Hwy 62/412, Salem, AR 72576
      View Details
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    304 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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