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    Property profile & analytics

    503 Main St Green Forest, AR 72638-2710

    • Drive through restaurants
    • 1,612 SF
    • 2.54 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US05-1476696
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 503 Main St

    Year built
    1997
    Construction
    FRAME
    Lot size
    2.54 lot acres
    Property size
    1,612 SF
    Property type
    Drive through restaurants
    APN
    825-00875-000
    APU
    82500875000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Green Forest
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.4294
    Latitude
    36.3343

    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
    $4,093
    $9,310
    $80,150
    $89,460
    -
    $46,550
    $400,750
    $447,300

    Comparable in this City

    • Value Estimation
      $280,000
      10,116 SF

      304 Main St

      RESTAURANT • 10,116 SF
      304 Main St, Green Forest, AR 72638-3005
      View Details
    • Value Estimation by Request
      1,120 SF

      111 Tommy Ratzlaff Ave

      BAR, TAVERN • 1,120 SF
      111 Tommy Ratzlaff Ave, Green Forest, AR 72638
      View Details
    • Value Estimation by Request
      1,430 SF

      107 Tommy Ratzlaff Ave

      BAR, TAVERN • 1,430 SF
      107 Tommy Ratzlaff Ave, Green Forest, AR 72638-3649
      View Details
    • Value Estimation
      $245,000
      2,292 SF

      1100 Main St

      RESTAURANT • 2,292 SF
      1100 Main St, Green Forest, AR 72638
      View Details
    • Value Estimation
      $380,000
      3,197 SF

      310 Main St

      RESTAURANT • 3,197 SF
      310 Main St, Green Forest, AR 72638
      View Details
    • Value Estimation by Request
      1,920 SF

      222 Main St

      BAR, TAVERN • 1,920 SF
      222 Main St, Green Forest, AR 72638-2627
      View Details

    Similar Nearby for Sale

    • New
      $750,000
      10,200 SF

      Green Forest Retail Opportunity

      Two commercial buildings on 1.67 acres with highway frontage.
      11487 Highway 62, Green Forest, AR 72638
      View Details
    • $124,900
      1,050 SF

      Auto Service Garage on Corner Lot

      Former auto repair shop with high visibility and traffic counts.
      401 E Main St, Green Forest, AR 72638
      View Details
    • Contact for pricing
      762.00 Acres

      Extensive Acreage in Carroll County

      762 acres in the Ozarks, ideal for livestock and agriculture.
      310 Cudney Orch Rd, Green Forest, AR 72638
      View Details
    • $174,500
      3.10 Acres

      Green Forest Buildable Lots

      Five buildable lots in Green Forest, investment potential.
      8 Redbud St, Green Forest, AR 72638
      View Details
    • $50,000
      5.01 Acres

      5 Acres in Green Forest

      5-acre parcel near Green Forest, AR, with agricultural zoning.
      4 Cr-906, Green Forest, AR 72638
      View Details
    • $150,000
      3.00 Acres

      Green Forest Vacant Lot

      Fenced 3-acre lot with utilities, ready for development.
      906 Enterprise Ave, Green Forest, AR 72638
      View Details
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    503 Main St
    Green Forest, AR 72638-2710
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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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