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    Property profile & analytics

    408 Main St Lake Village, AR 71653-1732

    • Retail space
    • 2,880 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-0721162
    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 408 Main St

    Lot size
    0.07 lot acres
    Property size
    2,880 SF
    Property type
    Retail space
    APN
    030-00191-000C
    APU
    03000191000C

    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 Village
    County
    Chicot
    State
    Arkansas
    Longitude
    -91.2843
    Latitude
    33.3316

    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
    $348
    $600
    $6,970
    $7,570
    -
    $3,000
    $34,850
    $37,850

    Comparable in this City

    • Value Estimation by Request
      518 SF

      309 Main St

      RETAIL STORES (PERSONAL SERVICES) • 518 SF
      309 Main St, Lake Village, AR 71653-1941
      View Details
    • Value Estimation by Request
      3,068 SF

      1827 Hwy 65th 82

      RETAIL STORES (PERSONAL SERVICES) • 3,068 SF
      1827 Hwy 65th 82, Lake Village, AR 71653-9754
      View Details
    • Value Estimation by Request
      2,564 SF

      Ss Hwy 65th 82nd At Louis Sessions St St

      RETAIL STORES (PERSONAL SERVICES) • 2,564 SF
      Ss Hwy 65th 82nd At Louis Sessions St St, Lake Village, AR 71653
      View Details
    • Value Estimation by Request
      3,000 SF

      435 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      435 Main St, Lake Village, AR 71653-1731
      View Details
    • Value Estimation by Request
      800 SF

      109 Main St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      109 Main St, Lake Village, AR 71653-1939
      View Details
    • Value Estimation by Request
      1,800 SF

      1013 Saint Mary St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      1013 Saint Mary St, Lake Village, AR 71653-1746
      View Details

    Similar Nearby for Sale

    • $75,000
      1.40 Acres

      Lake Village Commercial Lot For Sale

      1.40 acre commercial lot in high-traffic Lake Village, AR.
      0000 Highway 65, Lake Village, AR 71653
      View Details
    • $375,000
      7.68 Acres

      Lake Village Acreage For Sale

      7.68-acre tract near Lake Chicot with utilities and development potential.
      390 Highway St, Lake Village, AR 71653
      View Details
    • $810,000
      2.89 Acres

      Prime Commercial Land Available

      Highly desirable commercial land in Mountain Home, Arkansas.
      E Highway 62 EAST, Mountain Home, AR 71653
      View Details
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    408 Main St
    Lake Village, AR 71653-1732
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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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