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    Property profile & analytics

    404 12th E Railroad Ave Morrilton, AR 72110-3508

    • Retail space
    • 820 SF
    • 0.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 02, 2021
    $1,356
    Location Intelligence
    Property ID
    US05-1308531
    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

    • Retail space

    Property Details for 404 12th E Railroad Ave

    Year built
    1972
    Lot size
    0.00 lot acres
    Property size
    820 SF
    Property type
    Retail space
    APN
    006-02498-000-C
    APU
    00602498000C

    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
    -92.741
    Latitude
    35.1513

    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
    $279
    $3,250
    $1,900
    $5,150
    -
    $16,250
    $9,500
    $25,750

    Comparable in this City

    • Value Estimation by Request
      468 SF

      2441 Hwy 64

      RETAIL STORES (PERSONAL SERVICES) • 468 SF
      2441 Hwy 64, Morrilton, AR 72110-9207
      View Details
    • Value Estimation by Request
      7,894 SF

      121 Moose St

      RETAIL STORES (PERSONAL SERVICES) • 7,894 SF
      121 Moose St, Morrilton, AR 72110-2911
      View Details
    • Value Estimation by Request
      5,844 SF

      100 Railroad Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,844 SF
      100 Railroad Ave, Morrilton, AR 72110-3408
      View Details
    • Value Estimation by Request
      1,080 SF

      1507 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      1507 Broadway St, Morrilton, AR 72110-3721
      View Details
    • Value Estimation by Request
      5,000 SF

      105 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      105 Broadway St, Morrilton, AR 72110-3401
      View Details
    • Value Estimation by Request
      4,956 SF

      107 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 4,956 SF
      107 Broadway St, Morrilton, AR 72110-3401
      View Details

    Similar Nearby for Sale

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    • $750,000
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      Prime Morrilton Commercial Land

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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.
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      View Details
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    404 12th E Railroad Ave
    Morrilton, AR 72110-3508
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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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