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

    508 3rd St, Unit 510 Newport, AR 72112-3308

    • Office buildings
    • 6,622 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1459276
    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 508 3rd St

    Year built
    1956
    Lot size
    0.33 lot acres
    Property size
    6,622 SF
    Property type
    Office buildings
    APN
    013-00552-000
    APU
    1300552000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.2826
    Latitude
    35.604

    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
    $1,959
    $2,270
    $35,410
    $37,680
    -
    $11,350
    $177,050
    $188,400

    Comparable in this City

    • Value Estimation by Request
      2,197 SF

      310 Frnt St

      OFFICE BUILDING • 2,197 SF
      310 Frnt St, Newport, AR 72112-3333
      View Details
    • Value Estimation by Request
      2,400 SF

      2600 Doyle St

      OFFICE BUILDING • 2,400 SF
      2600 Doyle St, Newport, AR 72112-3041
      View Details
    • Value Estimation by Request
      2,114 SF

      515 2nd St

      OFFICE BUILDING • 2,114 SF
      515 2nd St, Newport, AR 72112-3321
      View Details
    • Value Estimation by Request
      2,284 SF

      117 Walnut St

      OFFICE BUILDING • 2,284 SF
      117 Walnut St, Newport, AR 72112-3323
      View Details
    • Value Estimation by Request
      2,112 SF

      413 Walnut St

      OFFICE BUILDING • 2,112 SF
      413 Walnut St, Newport, AR 72112-3811
      View Details
    • Value Estimation by Request
      1,500 SF

      220 State St

      OFFICE BUILDING • 1,500 SF
      220 State St, Newport, AR 72112-4140
      View Details

    Similar Nearby for Sale

    • $4,696,640
      234,832 SF

      Victory Industrial Warehouse

      234,832 SF Industrial Building, Newport, AR
      7301 Victory Blvd, Newport, AR 72112
      View Details
    • $4,695,600
      23.00 Acres

      Prime Newport, AR Land Holding

      23 Acres, Exceptional Development Potential
      7301 Victory Blvd, Newport, AR 72112
      View Details
    • Contact for pricing
      0.63 Acres

      Residential Lot in Newport, AR

      0.63-acre lot with utilities, suitable for new construction.
      924 Highway 14, Newport, AR 72112
      View Details
    • New
      $299,000
      1.20 Acres

      Prime Land Near Walmart

      1.2-acre commercial land for redevelopment, high-traffic location.
      1412 Highway 367, Newport, AR 72112
      View Details
    • $150,000
      4,064 SF

      Turnkey Restaurant in Downtown Newport

      Fully equipped restaurant with additional brick outbuilding and large lot.
      121 Hazel St, Newport, AR 72112
      View Details
    • $39,000
      0.48 Acres

      Residential Lot in Desirable Neighborhood

      Almost half-acre wooded lot in Newport, ideal for building.
      Holmes St, Newport, AR 72112
      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.
    508 3rd St, Unit 510
    Newport, AR 72112-3308
    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.