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    Property profile & analytics

    500 Walnut 5th Paris, AR 72855

    • Grocery and convenience stores
    • 3,009 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $800,000
    Location Intelligence
    Property ID
    US05-2011247
    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

    • Grocery and convenience stores

    Property Details for 500 Walnut 5th

    Year built
    1986
    Lot size
    0.34 lot acres
    Property size
    3,009 SF
    Property type
    Grocery and convenience stores
    APN
    900-01831-000
    APU
    90001831000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Logan
    State
    Arkansas
    Longitude
    -93.7255
    Latitude
    35.2917

    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
    $2,973
    $10,500
    $49,810
    $60,310
    -
    $52,500
    $249,050
    $301,550

    Comparable in this City

    • Value Estimation
      $385,000
      2,462 SF

      1009 Walnut St

      CONVENIENCE STORE • 2,462 SF
      1009 Walnut St, Paris, AR 72855-4121
      View Details
    • Value Estimation
      $440,000
      4,924 SF

      1701 Walnut St

      CONVENIENCE STORE • 4,924 SF
      1701 Walnut St, Paris, AR 72855-4205
      View Details
    • Value Estimation
      $280,000
      3,584 SF

      406 Walnut St

      CONVENIENCE STORE • 3,584 SF
      406 Walnut St, Paris, AR 72855-3920
      View Details
    • Value Estimation
      $400,000
      6,608 SF

      203 Walnut St

      CONVENIENCE STORE • 6,608 SF
      203 Walnut St, Paris, AR 72855-3915
      View Details
    • Value Estimation by Request
      3,580 SF

      11071 State Hwy 309

      CONVENIENCE STORE • 3,580 SF
      11071 State Hwy 309, Paris, AR 72855-5954
      View Details
    • Value Estimation by Request
      1,176 SF

      2508 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,176 SF
      2508 Walnut St, Paris, AR 72855
      View Details

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      Prime commercial property with rental spaces near downtown square.
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      Commercial Lot in Downtown Paris

      Commercial lot in downtown Paris, Arkansas, near the courthouse.
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    • Contact for pricing

      Vacant Land in Paris, AR

      Land suitable for homebuilding or shop with city utilities.
      501 Kalamazoo Rd, Paris, AR 72855
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      25 acres of rich bottom land ready to produce.
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    500 Walnut 5th
    Paris, AR 72855
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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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