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    Property profile & analytics

    507 Hickory Ave Mena, AR 71953-3044

    • Office buildings
    • 3,000 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1646231
    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

    • Office buildings

    Property Details for 507 Hickory Ave

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    3,000 SF
    Property type
    Office buildings
    APN
    6000-00101-0000
    APU
    6000001010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.2398
    Latitude
    34.5872

    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
    $878
    $1,880
    $18,740
    $20,620
    -
    $9,400
    $93,700
    $103,100

    Comparable in this City

    • Value Estimation by Request
      2,493 SF

      1161 Hwy 71st S

      OFFICE BUILDING • 2,493 SF
      1161 Hwy 71st S, Mena, AR 71953-4754
      View Details
    • Value Estimation by Request
      3,280 SF

      1118 Hwy 71st S

      OFFICE BUILDING • 3,280 SF
      1118 Hwy 71st S, Mena, AR 71953-4034
      View Details
    • Value Estimation by Request
      1,650 SF

      1109 Hwy 71st S

      OFFICE BUILDING • 1,650 SF
      1109 Hwy 71st S, Mena, AR 71953-4033
      View Details
    • Value Estimation by Request
      576 SF

      Hwy 88th E

      OFFICE BUILDING • 576 SF
      Hwy 88th E, Mena, AR 71953
      View Details
    • Value Estimation by Request
      1,050 SF

      515 Mena St

      OFFICE BUILDING • 1,050 SF
      515 Mena St, Mena, AR 71953-3337
      View Details
    • Value Estimation by Request
      2,000 SF

      905 Mena St

      OFFICE BUILDING • 2,000 SF
      905 Mena St, Mena, AR 71953-4247
      View Details

    Similar Nearby for Sale

    • $118,900
      1,904 SF

      Commercial Building in Mena, Arkansas

      Commercial building with office spaces, located in Mena, Arkansas.
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      View Details
    • $235,000
      1,040 SF

      Remodeled Office Building with Rentals

      Fully remodeled office building with high visibility and rental income.
      1182 Highway 71 South, Mena, AR 71953
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    • $693,000
      1,920 SF

      Mena Commercial Building and Land

      Commercial building and land in a high-visibility, populated area.
      701 S Morrow St, Mena, AR 71953
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    • $270,000
      1.49 Acres

      1.49 Acre Mena, AR Property

      Prime Mena land, ideal for development. 1.49 acres.
      214 Polk Road 74, Mena, AR 71953
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    • $278,500
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      Prime Mena, AR Business Opportunity

      0.34-Acre Commercial Lot - $278,500
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    • $847,000
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      Mena, AR Commercial Land Opportunity

      0.32-acre lot, $847,000. Prime Mena location.
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    507 Hickory Ave
    Mena, AR 71953-3044
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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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