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    Property profile & analytics

    308 Main St Malvern, AR 72104-3737

    • Drug stores
    • 14,466 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $5,175,000
    Last Sale
    Jan 09, 2020
    $5,473,000
    Location Intelligence
    Property ID
    US05-1074025
    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

    • Coinhub Bitcoin ATM Teller / Atm
    • Middleton Heat & Air / Heating Contractor
    • Steamatic Inc / Carpet Cleaning Service
    • FedEx OnSite / Mailing Service
    • Western Union / Money Transfer Service

    Property Details for 308 Main St

    Year built
    2006
    Lot size
    1.37 lot acres
    Property size
    14,466 SF
    Property type
    Drug stores
    APN
    700-01200-000
    APU
    70001200000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,685,000
      6.5%
      $5,650,000
      7%
      $5,820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,985,000
      Geo Method
      $5,545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,805,000
      Retail
      $5,065,000
      Mixed-Use
      $5,125,000
      Hospitality
      $5,245,000
      Educational
      $5,000,000
      Residential Income
      $5,590,000
      Energy
      $5,965,000
      Income-Based Land
      $5,165,000
      Food Service
      $5,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Hot Spring
    State
    Arkansas
    Longitude
    -92.8132
    Latitude
    34.3624
    CBSA code
    31680
    CBSA name
    MALVERN, 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
    $13,190
    $12,190
    $220,680
    $232,870
    -
    $60,950
    $1,103,400
    $1,164,350

    Comparable in this City

    • Value Estimation by Request
      8,368 SF

      231 Main St

      DRUG STORE, PHARMACY • 8,368 SF
      231 Main St, Malvern, AR 72104-3736
      View Details
    • Value Estimation
      $100,000
      2,588 SF

      1304 Main St

      DRUG STORE, PHARMACY • 2,588 SF
      1304 Main St, Malvern, AR 72104-5228
      View Details
    • Value Estimation
      $415,000
      2,880 SF

      1606 Martin Luther King Blvd

      DRUG STORE, PHARMACY • 2,880 SF
      1606 Martin Luther King Blvd, Malvern, AR 72104-2006
      View Details
    • Value Estimation by Request
      2,242 SF

      225 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,242 SF
      225 Main St, Malvern, AR 72104-3736
      View Details
    • Value Estimation by Request
      2,960 SF

      999 Schneider Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      999 Schneider Dr, Malvern, AR 72104-4815
      View Details
    • Value Estimation by Request
      720 SF

      15036 Hwy 9th 9

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      15036 Hwy 9th 9, Malvern, AR 72104-5834
      View Details

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      Commercial property in Malvern's historic district, suitable for various businesses.
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    Similar Nearby for Lease

    • $3,200 /Mo
      5,000 SF

      Former Autozone Retail Space

      Retail space available for lease, formerly an Autozone.
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    • Contact for pricing
      8,050 SF

      Retail Space in Malvern, Arkansas

      Retail property available for rent in Malvern, Arkansas.
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      View Details
    • Contact for pricing
      70,000 SF

      Prime Hot Springs Warehouse Space

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      View Details
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    308 Main St
    Malvern, AR 72104-3737
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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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