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

    51 Courthouse Sq Murfreesboro, AR 71958-9346

    • Retail space
    • 2,484 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1680127
    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

    • Retail space

    Property Details for 51 Courthouse Sq

    Year built
    1909
    Lot size
    0.11 lot acres
    Property size
    2,484 SF
    Property type
    Retail space
    APN
    900-00009-002
    APU
    90000009002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Pike
    State
    Arkansas
    Longitude
    -93.6894
    Latitude
    34.062

    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
    $433
    $740
    $8,800
    $9,540
    -
    $3,700
    $44,000
    $47,700

    Comparable in this City

    • Value Estimation by Request
      1,904 SF

      1124 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,904 SF
      1124 Washington Ave, Murfreesboro, AR 71958-9314
      View Details
    • Value Estimation by Request
      2,484 SF

      49 Courthouse Sq

      RETAIL STORES (PERSONAL SERVICES) • 2,484 SF
      49 Courthouse Sq, Murfreesboro, AR 71958-9346
      View Details
    • Value Estimation by Request
      1,922 SF

      305 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,922 SF
      305 Washington Ave, Murfreesboro, AR 71958-9335
      View Details
    • Value Estimation
      $195,000
      7,269 SF

      604 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,269 SF
      604 Washington Ave, Murfreesboro, AR 71958
      View Details
    • Value Estimation by Request
      2,108 SF

      1202 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,108 SF
      1202 Washington Ave, Murfreesboro, AR 71958-9315
      View Details
    • Value Estimation by Request
      5,049 SF

      27 Courthouse Sq

      RETAIL STORES (PERSONAL SERVICES) • 5,049 SF
      27 Courthouse Sq, Murfreesboro, AR 71958-9346
      View Details

    Similar Nearby for Sale

    • New
      $350,000
      390 SF

      Cabin and RV Storage in Murfreesboro

      Income-generating property with cabin and RV storage near Lake Greeson.
      22 E Diamond City Rd, Murfreesboro, AR 71958
      View Details
    • $82,500
      10.00 Acres

      Murfreesboro Acreage on Paved Road

      10-acre property near attractions, ideal for building.
      Tbd Kadoha Rd, Murfreesboro, AR 71958
      View Details
    • $68,000
      3.05 Acres

      Riverfront Land Near Attractions

      3+ acres of riverfront land ideal for cabin retreat.
      Harris Dr, Murfreesboro, AR 71958
      View Details
    • $75,000
      4.00 Acres

      Arkansas Commercial Land: Riverfront Opportunity

      4 Acres, Prime Location, $75,000
      0 Gilmer Brg, Murfreesboro, AR 71958
      View Details
    • $119,000
      3.08 Acres

      Residential Lot on Little Missouri

      3+ acre lot on the Little Missouri River.
      20 Brian Harris Dr, Murfreesboro, AR 71958
      View Details
    • $76,000
      40.00 Acres

      40 Acres in Murfreesboro, AR

      40+/- acre tract of land in Murfreesboro, Arkansas.
      Xxxx Hwy 26 & 379, Murfreesboro, AR 71958
      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.
    51 Courthouse Sq
    Murfreesboro, AR 71958-9346
    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.