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    Property profile & analytics

    501 Main St Lake Village, AR 71653

    • Auto shops
    • 5,655 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1453521
    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

    • Auto shops

    Property Details for 501 Main St

    Lot size
    0.16 lot acres
    Property size
    5,655 SF
    Property type
    Auto shops
    APN
    030-01891-000C
    APU
    03001891000C

    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
    -91.2854
    Latitude
    33.3313

    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
    $219
    $1,380
    $3,390
    $4,770
    -
    $6,900
    $16,950
    $23,850

    Comparable in this City

    • Value Estimation by Request
      7,980 SF

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      AUTO REPAIR, GARAGE • 7,980 SF
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    • Value Estimation by Request
      5,400 SF

      152 Lynn Ln

      AUTO REPAIR, GARAGE • 5,400 SF
      152 Lynn Ln, Lake Village, AR 71653-1624
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    • Value Estimation by Request
      1,500 SF

      1653 Hwy 65th 82

      AUTO REPAIR, GARAGE • 1,500 SF
      1653 Hwy 65th 82, Lake Village, AR 71653-1661
      View Details
    • Value Estimation by Request
      3,298 SF

      Cor Lot Frisco

      AUTO REPAIR, GARAGE • 3,298 SF
      Cor Lot Frisco, Lake Village, AR 71653
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    • Value Estimation by Request
      4,500 SF

      Church Chicot St

      AUTO REPAIR, GARAGE • 4,500 SF
      Church Chicot St, Lake Village, AR 71653
      View Details
    • Value Estimation by Request
      1,500 SF

      3217 Hwy 65th 82

      AUTO REPAIR, GARAGE • 1,500 SF
      3217 Hwy 65th 82, Lake Village, AR 71653-6131
      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
    • $810,000
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      Prime Commercial Land Available

      Highly desirable commercial land in Mountain Home, Arkansas.
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    501 Main St
    Lake Village, AR 71653
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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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