Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    505 Park St Altus, AR 72821

    • Individual retail properties
    • 1,560 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 12, 2024
    $30,000
    Location Intelligence
    Property ID
    US05-1517486
    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

    • Tinker's Liquor Store / Liquor Store

    Property Details for 505 Park St

    Year built
    1976
    Lot size
    0.35 lot acres
    Property size
    1,560 SF
    Property type
    Individual retail properties
    APN
    005-00018-000
    APU
    500018000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Franklin
    State
    Arkansas
    Longitude
    -93.7569
    Latitude
    35.4465
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN 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
    2024
    $458
    $2,610
    $6,050
    $8,660
    -
    $13,050
    $30,250
    $43,300

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      109 117th W Park St

      LIQUOR STORE • 1,216 SF
      109 117th W Park St, Altus, AR 72821
      View Details
    • Value Estimation
      $360,000
      5,150 SF

      109 Rue De Cabernet St

      LIQUOR STORE • 5,150 SF
      109 Rue De Cabernet St, Wiederkehr Village, AR 72821
      View Details
    • Value Estimation by Request
      1,320 SF

      Main

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      Main, Altus, AR 72821
      View Details
    • Value Estimation by Request
      1,725 SF

      1606 Franklin Stn

      RETAIL STORES (PERSONAL SERVICES) • 1,725 SF
      1606 Franklin Stn, Altus, AR 72821
      View Details
    • Value Estimation
      $450,000
      1,520 SF

      1612 Franklin St

      FINANCIAL BUILDING • 1,520 SF
      1612 Franklin St, Altus, AR 72821
      View Details
    • Value Estimation by Request
      9,136 SF

      5008 Mt Bethel Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,136 SF
      5008 Mt Bethel Dr, Altus, AR 72821-8878
      View Details

    Similar Nearby for Sale

    • $169,000
      5,158 SF

      Altus Retail Investment Opportunity

      Two metal buildings on 2.5 acres near US Hwy 64.
      1504 Hendrix St, Altus, AR 72821
      View Details
    • $435,000
      1,800 SF

      Dream House on 11 Acres

      Charming house on 11 acres with guest house.
      2055 E Church St, Altus, AR 72821
      View Details
    • Contact for pricing
      1.41 Acres

      Land for New Home

      Building site near church and I-40 access in Altus.
      Tbd St Marys Mtn Rd, Altus, AR 72821
      View Details
    • $98,900
      1,875 SF

      Downtown Altus Office Opportunity

      Office building in historic downtown Altus, near local events.
      115 W Main St, Altus, AR 72821
      View Details
    • $250,000
      0.52 Acres

      Prime Altus Entertainment Business

      Established Bar & Grill, Huge Potential
      1701 Hendrix St, Altus, AR 72821
      View Details
    • $360,000
      61.92 Acres

      Altus Vineyard/Cattle Land Opportunity

      62 acres in Altus, AR ideal for vineyard or cattle.
      8468 Cambridge Rd, Altus, AR 72821
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Park St
    Altus, AR 72821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.