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    Property profile & analytics

    305 Sprague St Arkansas City, AR 71630

    • Retail space
    • 540 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 05, 2025
    $14,000
    Location Intelligence
    Property ID
    US05-1119125
    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

    • Mandingo Liquor & Grill / Liquor Store

    Property Details for 305 Sprague St

    Lot size
    0.09 lot acres
    Property size
    540 SF
    Property type
    Retail space
    APN
    003-00222-000
    APU
    300222000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arkansas City
    County
    Desha
    State
    Arkansas
    Longitude
    -91.2048
    Latitude
    33.6059

    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
    $137
    $450
    $2,350
    $2,800
    -
    $2,250
    $11,750
    $14,000

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      911 Kate Adams Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      911 Kate Adams Ave, Arkansas City, AR 71630
      View Details
    • Value Estimation by Request
      525 SF

      301 Sprague St

      FINANCIAL BUILDING • 525 SF
      301 Sprague St, Arkansas City, AR 71630
      View Details
    • Value Estimation by Request
      512 SF

      303 Sprague St

      CONVENIENCE STORE • 512 SF
      303 Sprague St, Arkansas City, AR 71630
      View Details
    • Value Estimation by Request
      1,800 SF

      604 Sprague St

      CONVENIENCE STORE • 1,800 SF
      604 Sprague St, Arkansas City, AR 71630
      View Details
    • Value Estimation by Request
      1,950 SF

      910 Kate Adams Ave

      CONVENIENCE STORE • 1,950 SF
      910 Kate Adams Ave, Arkansas City, AR 71630
      View Details
    • Value Estimation by Request

      201 Sprague St

      Restaurants
      201 Sprague St, Arkansas City, AR 71630
      View Details

    Similar Nearby for Sale

    • New
      $1,500,000
      1,966 SF

      Mississippi Riverfront Land and Buildings

      Prime riverfront land with historic residence and commercial building.
      203 NE Sprague St, Arkansas City, AR 71630
      View Details
    • New
      $1,500,000
      120.00 Acres

      Mississippi River Frontage Recreational Land

      Prime recreational land with Mississippi River frontage and development potential.
      Desoto Levee Dr, Arkansas City, AR 71630
      View Details
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    305 Sprague St
    Arkansas City, AR 71630
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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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