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    Property profile & analytics

    508 Missouri Ave Corning, AR 72422-1616

    • Auto shops
    • 4,176 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-0705199
    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

    • Jim LaRue Motors LLC / Car Dealer

    Property Details for 508 Missouri Ave

    Year built
    1963
    Lot size
    0.52 lot acres
    Property size
    4,176 SF
    Property type
    Auto shops
    APN
    722-01227-000C
    APU
    72201227000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corning
    County
    Clay
    State
    Arkansas
    Longitude
    -90.5859
    Latitude
    36.4168

    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
    $874
    $9,320
    $14,540
    $23,860
    -
    $46,600
    $72,700
    $119,300

    Comparable in this City

    • Value Estimation by Request
      7,020 SF

      500 Elm St

      AUTO REPAIR, GARAGE • 7,020 SF
      500 Elm St, Corning, AR 72422-2720
      View Details
    • Value Estimation by Request
      2,700 SF

      4878 Hwy 67

      AUTO REPAIR, GARAGE • 2,700 SF
      4878 Hwy 67, Corning, AR 72422-7017
      View Details
    • Value Estimation by Request
      1,200 SF

      811 Elm St

      AUTO REPAIR, GARAGE • 1,200 SF
      811 Elm St, Corning, AR 72422-7519
      View Details
    • Value Estimation by Request
      6,210 SF

      Main St

      AUTO REPAIR, GARAGE • 6,210 SF
      Main St, Corning, AR 72422
      View Details
    • Value Estimation by Request
      1,748 SF

      508 Missouri Ave

      AUTO REPAIR, GARAGE • 1,748 SF
      508 Missouri Ave, Corning, AR 72422-1616
      View Details
    • Value Estimation by Request
      7,536 SF

      7167 Hwy 67

      AUTO REPAIR, GARAGE • 7,536 SF
      7167 Hwy 67, Corning, AR 72422-7101
      View Details

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      Renovated Apartment Complex Near I-57

      Newly renovated six-unit apartment complex with strong rental potential.
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    • $3,200,000
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      Warehouse with Office Space

      Commercial warehouse with office space near major transportation networks.
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    508 Missouri Ave
    Corning, AR 72422-1616
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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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