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    Property profile & analytics

    405 Main St Horatio, AR 71842-8724

    • Turn key restaurants
    • 2,400 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US05-1227763
    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

    • Turn key restaurants

    Property Details for 405 Main St

    Year built
    1998
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property size
    2,400 SF
    Property type
    Turn key restaurants
    APN
    074-00371-001-C
    APU
    07400371001C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Horatio
    County
    Sevier
    State
    Arkansas
    Longitude
    -94.3543
    Latitude
    33.9388

    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
    $1,741
    $3,600
    $27,330
    $30,930
    -
    $18,000
    $136,650
    $154,650

    Comparable in this City

    • Value Estimation by Request
      400 SF

      122 Main St

      RESTAURANT • 400 SF
      122 Main St, Horatio, AR 71842
      View Details
    • Value Estimation by Request
      1,090 SF

      101 Main St

      AUTO REPAIR, GARAGE • 1,090 SF
      101 Main St, Horatio, AR 71842
      View Details
    • Value Estimation by Request
      736 SF

      206 Main St

      BARBER, HAIR SALON • 736 SF
      206 Main St, Horatio, AR 71842-8753
      View Details
    • Value Estimation
      $400,000
      9,598 SF

      107 Main St

      AUTO REPAIR, GARAGE • 9,598 SF
      107 Main St, Horatio, AR 71842-8800
      View Details
    • Value Estimation
      $450,000
      8,820 SF

      509 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 8,820 SF
      509 Main St, Horatio, AR 71842
      View Details
    • Value Estimation
      $430,000
      3,339 SF

      526 Clear Crk Rd

      ROADSIDE MARKET • 3,339 SF
      526 Clear Crk Rd, Horatio, AR 71842-8817
      View Details

    Similar Nearby for Sale

    • $55,000
      6.86 Acres

      Horatio, AR Wooded Acreage

      6.86 acres of wooded land with creek in Horatio.
      Tbd Doggett Cir, Horatio, AR 71842
      View Details
    • $300,000
      120.00 Acres

      Sevier County Hunting and Recreational Land

      120-acre hunting and recreational land tract in Sevier County, Arkansas.
      Tbd Tram Rd, Horatio, AR 71842
      View Details
    • $60,000
      736 SF

      Horatio, AR Medical/Office Space

      Ready-to-open medical clinic or office space in Horatio, AR.
      206 Main St, Horatio, AR 71842
      View Details
    • $69,000
      10.00 Acres

      Horatio, AR Versatile Acreage

      10-acre land with pond, ideal for building or recreation.
      Xxx Central Rd, Horatio, AR 71842
      View Details
    • Contact for pricing
      0.88 Acres

      Residential Lot in Horatio, AR

      0.88 acre residential lot with utilities available in Horatio.
      Tbd Doggett Cir, Horatio, AR 71842
      View Details
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    405 Main St
    Horatio, AR 71842-8724
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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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