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    Property profile & analytics

    447 2nd St Newark, AR 72562-9584

    • Bars
    • 2,684 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1234756
    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

    • Bars

    Property Details for 447 2nd St

    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,684 SF
    Property type
    Bars
    APN
    0700142000C
    APU
    0700142000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Independence
    State
    Arkansas
    Longitude
    -91.4477
    Latitude
    35.6986
    CBSA code
    12900
    CBSA name
    BATESVILLE, 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
    2014
    $422
    $560
    $7,750
    $8,310
    -
    $2,800
    $38,750
    $41,550

    Comparable in this City

    • Value Estimation by Request
      3,192 SF

      325 Locust St

      RESTAURANT • 3,192 SF
      325 Locust St, Newark, AR 72562-9317
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    • Value Estimation
      $110,000
      5,000 SF

      590 Morgan St

      RESTAURANT • 5,000 SF
      590 Morgan St, Newark, AR 72562-9636
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    • Value Estimation by Request
      1,968 SF

      511 6th St

      RESTAURANT • 1,968 SF
      511 6th St, Newark, AR 72562-9657
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    • Value Estimation by Request
      2,640 SF

      130 Frnt Front

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      130 Frnt Front, Newark, AR 72562
      View Details
    • Value Estimation
      $455,000
      6,820 SF

      204 4th St

      AUTO REPAIR, GARAGE • 6,820 SF
      204 4th St, Newark, AR 72562-9707
      View Details
    • Value Estimation by Request
      3,200 SF

      399 Main St

      AUTO REPAIR, GARAGE • 3,200 SF
      399 Main St, Newark, AR 72562
      View Details

    Similar Nearby for Sale

    • $69,000
      8.11 Acres

      Residential Land in Newark, AR

      8.11 acre residential lot with prime building site.
      00 Walnut Grove Rd, Newark, AR 72562
      View Details
    • $74,500
      1.00 Acre

      Highland, AR Commercial Lot

      Prime commercial lot with highway frontage and utility hookups.
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    • $635,000
      20,000 SF

      Historic Newark Industrial Redevelopment Opportunity

      19,000 SF main building plus 3,500 SF shop.
      290 W 4Th St, Newark, AR 72562
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    447 2nd St
    Newark, AR 72562-9584
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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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