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    Property profile & analytics

    508 Spruce St Searcy, AR 72143-4224

    • Day care centers
    • 1,400 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 14, 2022
    Location Intelligence
    Property ID
    US05-2067055
    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

    • Day care centers

    Property Details for 508 Spruce St

    Year built
    1970
    Lot size
    0.12 lot acres
    Property size
    1,400 SF
    Property type
    Day care centers
    APN
    016-00283-000
    APU
    1600283000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.7383
    Latitude
    35.2523
    CBSA code
    42620
    CBSA name
    SEARCY, AR MICROPOLITAN 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
    $586
    $3,140
    $11,300
    $14,440
    -
    $15,700
    $56,500
    $72,200

    Comparable in this City

    • Value Estimation by Request
      1,140 SF

      302 Park Ave

      DAY CARE, PRE-SCHOOL • 1,140 SF
      302 Park Ave, Searcy, AR 72143-6818
      View Details
    • Value Estimation
      $430,000
      14,800 SF

      2312 Llama Dr

      DAY CARE, PRE-SCHOOL • 14,800 SF
      2312 Llama Dr, Searcy, AR 72143-4793
      View Details
    • Value Estimation by Request
      1,694 SF

      211 Oak St

      DAY CARE, PRE-SCHOOL • 1,694 SF
      211 Oak St, Searcy, AR 72143-6842
      View Details
    • Value Estimation by Request
      1,400 SF

      309 Park Ave

      DAY CARE, PRE-SCHOOL • 1,400 SF
      309 Park Ave, Searcy, AR 72143-6817
      View Details
    • Value Estimation by Request
      1.00 Acre

      398 Eastline Rd

      Day care centers • 7,150 SF
      398 Eastline Rd, Searcy, AR 72143
      View Details
    • Value Estimation
      $265,000
      15,474 SF

      500 Race Ave

      DAY CARE, PRE-SCHOOL • 15,474 SF
      500 Race Ave, Searcy, AR 72143-4417
      View Details

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      High-visibility, 1.36-acre commercial lot.
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      Searcy Commercial Land Opportunity

      Prime 0.32-acre lot, $595,000
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    Similar Nearby for Lease

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      Searcy Airport Hangar for Lease

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      6,857 SF

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      Newly remodeled warehouse spaces with offices, restrooms, bay doors.
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      Office space with easy access and high traffic count.
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    • $3,750 /Mo
      2,500 SF

      Retail Space Near Harding University

      2300 SF retail space with high visibility frontage.
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    • $4 SF/Yr
      105,000 SF

      Industrial Property for Lease

      Spacious industrial property suitable for warehouse, manufacturing, and distribution.
      207 Queensway St, Searcy, AR 72143
      View Details
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    508 Spruce St
    Searcy, AR 72143-4224
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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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