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    Property profile & analytics

    402 2nd St Corning, AR 72422-2707

    • Office buildings
    • 5,696 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1525168
    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

    • Office buildings

    Property Details for 402 2nd St

    Lot size
    0.33 lot acres
    Property size
    5,696 SF
    Property type
    Office buildings
    APN
    722-00144-000C
    APU
    72200144000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corning
    County
    Clay
    State
    Arkansas
    Longitude
    -90.581
    Latitude
    36.408

    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
    $631
    $2,840
    $25,780
    $28,620
    -
    $14,200
    $128,900
    $143,100

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      411 2nd St

      OFFICE BUILDING • 1,344 SF
      411 2nd St, Corning, AR 72422-2708
      View Details
    • Value Estimation by Request
      1,260 SF

      902 Main St

      OFFICE BUILDING • 1,260 SF
      902 Main St, Corning, AR 72422-2022
      View Details
    • Value Estimation by Request
      1,426 SF

      523 2nd St

      OFFICE BUILDING • 1,426 SF
      523 2nd St, Corning, AR 72422-2710
      View Details
    • Value Estimation by Request
      1,776 SF

      433 2nd St

      OFFICE BUILDING • 1,776 SF
      433 2nd St, Corning, AR 72422-2708
      View Details
    • Value Estimation by Request
      1,560 SF

      600 Elm St

      OFFICE BUILDING • 1,560 SF
      600 Elm St, Corning, AR 72422-2722
      View Details
    • Value Estimation by Request
      1,899 SF

      403 Pne St

      OFFICE BUILDING • 1,899 SF
      403 Pne St, Corning, AR 72422
      View Details

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      59.88 Acres of Land, Corning

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      Newly renovated six-unit apartment complex with strong rental potential.
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    402 2nd St
    Corning, AR 72422-2707
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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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