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    Property profile & analytics

    318 Main St Lake City, AR 72437

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Last Sale
    May 29, 2025
    Location Intelligence
    Property ID
    US05-1194507
    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

    • Commercial real estate

    Property Details for 318 Main St

    Property type
    Commercial real estate
    APN
    07-146271-45400
    APU
    714627145400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.4319
    Latitude
    35.8182
    CBSA code
    27860
    CBSA name
    JONESBORO, AR METROPOLITAN 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
    2024
    $46
    $600
    $301
    $901
    -
    $3,000
    $1,505
    $4,505

    Comparable in this City

    • Value Estimation by Request
      1,360 SF

      1002 Hwy 18

      COMMERCIAL (GENERAL) • 1,360 SF
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    • Value Estimation by Request
      2.25 Acres

      Hwy 135

      COMMERCIAL (GENERAL) • 2.25 Acres
      Hwy 135, Lake City, AR 72437
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      5.12 Acres

      285 County Rd 510

      COMMERCIAL (GENERAL) • 5.12 Acres
      285 County Rd 510, Lake City, AR 72437
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    • Value Estimation by Request
      0.13 Acres

      Hwy 18

      COMMERCIAL (GENERAL) • 0.13 Acres
      Hwy 18, Lake City, AR 72437
      View Details
    • Value Estimation by Request
      952 SF

      Downtown

      COMMERCIAL (GENERAL) • 952 SF
      Downtown, Lake City, AR 72437
      View Details
    • Value Estimation by Request

      1106 Ebony

      COMMERCIAL (GENERAL)
      1106 Ebony, Lake City, AR 72437
      View Details

    Similar Nearby for Sale

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      Delta Bottomland Hardwood Timber Acreage

      52 acres of Delta bottomland hardwood timber near St. Francis River.
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    • Contact for pricing
      0.32 Acres

      Lake City Residential Building Lot

      Residential lot in established Lake City neighborhood, ready to build.
      Grimes St, Lake City, AR 72437
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    • $279,900
      3,200 SF

      Highway Frontage Building and Land

      Highway frontage property with building and ample workspace in Lake City.
      1004 A Hwy 18 Hwy, Lake City, AR 72437
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    318 Main St
    Lake City, AR 72437
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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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