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    Property profile & analytics

    312 Division St Morrilton, AR 72110-2822

    • Individual retail properties
    • 1,348 SF
    • 0.00 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Nov 19, 2024
    $154,000
    Location Intelligence
    Property ID
    US05-1519003
    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

    • Individual retail properties

    Property Details for 312 Division St

    Year built
    1927
    Lot size
    0.00 lot acres
    Property size
    1,348 SF
    Property type
    Individual retail properties
    APN
    006-02519-000-C
    APU
    00602519000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrilton
    County
    Conway
    State
    Arkansas
    Longitude
    -92.7441
    Latitude
    35.1558

    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
    $296
    $1,600
    $5,330
    $6,930
    -
    $8,000
    $26,650
    $34,650

    Comparable in this City

    • Value Estimation by Request
      1,379 SF

      404 Saint Joseph St

      BARBER, HAIR SALON • 1,379 SF
      404 Saint Joseph St, Morrilton, AR 72110-2816
      View Details
    • Value Estimation
      $205,000
      2,412 SF

      1207 Broadway St

      LIQUOR STORE • 2,412 SF
      1207 Broadway St, Morrilton, AR 72110-3701
      View Details
    • Value Estimation by Request
      1,040 SF

      115 Brg St

      BARBER, HAIR SALON • 1,040 SF
      115 Brg St, Morrilton, AR 72110-3625
      View Details
    • Value Estimation by Request
      925 SF

      407 Chestnut St

      BARBER, HAIR SALON • 925 SF
      407 Chestnut St, Morrilton, AR 72110-2803
      View Details
    • Value Estimation by Request
      3,800 SF

      205 Division St

      GYM, HEALTH SPA • 3,800 SF
      205 Division St, Morrilton, AR 72110-2926
      View Details
    • Value Estimation by Request
      480 SF

      601 Drilling St

      BARBER, HAIR SALON • 480 SF
      601 Drilling St, Morrilton, AR 72110-2211
      View Details

    Similar Nearby for Sale

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      Pawn shop with licenses and security system in place.
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    • $1,395,000
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      Retail Building For Sale

      9,369 SF retail building on 0.88 acres.
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    • $750,000
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      Prime Morrilton Commercial Land

      3 Acres, B-3 Zoning, High Traffic
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    Similar Nearby for Lease

    • $10 SF/Yr
      80,000 SF

      Retail Space in Morrilton Center

      Retail spaces available in established Morrilton shopping center.
      1515 East Harding St, Morrilton, AR 72110
      View Details
    • $10 SF/Yr
      21,000 SF

      Morrilton Shopping Center Retail Space

      Established shopping center with excellent visibility and ample parking.
      1515-1519 E Harding St, Morrilton, AR 72110
      View Details
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    312 Division St
    Morrilton, AR 72110-2822
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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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