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    Property profile & analytics

    500 Main St Gillett, AR 72055

    • Retail space
    • 2,360 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1827729
    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 500 Main St

    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    2,360 SF
    Property type
    Retail space
    APN
    073-00086-000
    APU
    7300086000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gillett
    County
    Arkansas
    State
    Arkansas
    Longitude
    -91.3825
    Latitude
    34.1177

    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
    2022
    $508
    $900
    $9,106
    $10,006
    -
    $4,500
    $45,530
    $50,030

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      4395 Hwy 165th S

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      4395 Hwy 165th S, Gillett, AR 72055-9719
      View Details
    • Value Estimation by Request
      3,000 SF

      4399 Hwy 165th S

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      4399 Hwy 165th S, Gillett, AR 72055
      View Details
    • Value Estimation by Request
      9,026 SF

      4301 Us-165

      Individual retail properties • 9,026 SF
      4301 Us-165, Gillett, AR 72055
      View Details
    • Value Estimation by Request
      18,870 SF

      Gillett, AR 72055

      GYM, HEALTH SPA • 18,870 SF
      Gillett, AR 72055
      View Details
    • Value Estimation
      $305,000
      3,840 SF

      111 Main St

      CONVENIENCE STORE • 3,840 SF
      111 Main St, Gillett, AR 72055
      View Details
    • Value Estimation
      $415,000
      6,369 SF

      210 Main St

      FINANCIAL BUILDING • 6,369 SF
      210 Main St, Gillett, AR 72055
      View Details

    Similar Nearby for Sale

    • $139,000
      8,364 SF

      Historic Hotel in Gillett, Arkansas

      29-unit historic hotel on 2.37 acres, ideal for retreat.
      4379 Highway 165 S, Gillett, AR 72055
      View Details
    • $50,000
      0.86 Acres

      Land Available in Gillett, Arkansas

      Acreage available in Gillett, Arkansas.
      None, Gillett, AR 72055
      View Details
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    500 Main St
    Gillett, AR 72055
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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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