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    Property profile & analytics

    408 Main St Palestine, AR 72372-8010

    • Retail space
    • 1,952 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1316154
    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

    • Whistlin Holler Flea Market / Flea Market
    • The Boondocks Down South / Department Store

    Property Details for 408 Main St

    Year built
    1978
    Property size
    1,952 SF
    Property type
    Retail space
    APN
    0806-00071-0000
    APU
    806000710000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    St. Francis
    State
    Arkansas
    Longitude
    -90.9016
    Latitude
    34.973
    CBSA code
    22620
    CBSA name
    FORREST CITY, AR MICROPOLITAN 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
    $525
    $200
    $12,320
    $12,520
    -
    $1,000
    $61,600
    $62,600

    Comparable in this City

    • Value Estimation by Request
      2,109 SF

      310 Hwy 261st S

      RETAIL STORES (PERSONAL SERVICES) • 2,109 SF
      310 Hwy 261st S, Palestine, AR 72372
      View Details
    • Value Estimation by Request
      5,390 SF

      7572 Hwy 70th W

      RETAIL STORES (PERSONAL SERVICES) • 5,390 SF
      7572 Hwy 70th W, Palestine, AR 72372
      View Details
    • Value Estimation by Request
      7,360 SF

      104 Parker

      RETAIL STORES (PERSONAL SERVICES) • 7,360 SF
      104 Parker, Palestine, AR 72372
      View Details
    • Value Estimation by Request
      3,356 SF

      845 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,356 SF
      845 Main St, Palestine, AR 72372
      View Details
    • Value Estimation by Request
      1,142 SF

      7846 Hwy 70th W

      RETAIL STORES (PERSONAL SERVICES) • 1,142 SF
      7846 Hwy 70th W, Palestine, AR 72372
      View Details
    • Value Estimation by Request
      1,363 SF

      102 Parker St

      RETAIL STORES (PERSONAL SERVICES) • 1,363 SF
      102 Parker St, Palestine, AR 72372-8002
      View Details
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    408 Main St
    Palestine, AR 72372-8010
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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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