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    Property profile & analytics

    515 Mena St Mena, AR 71953-3337

    • Office buildings
    • 1,050 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-2017648
    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 515 Mena St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.08 lot acres
    Property size
    1,050 SF
    Property type
    Office buildings
    APN
    6000-00289-0000
    APU
    6000002890000

    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
    -94.2375
    Latitude
    34.5851

    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
    $132
    $1,400
    $5,870
    $7,270
    -
    $7,000
    $29,350
    $36,350

    Comparable in this City

    • Value Estimation by Request
      1,386 SF

      906 4th St

      OFFICE BUILDING • 1,386 SF
      906 4th St, Mena, AR 71953-4226
      View Details
    • Value Estimation by Request
      1,044 SF

      2601 Hwy 71st S

      OFFICE BUILDING • 1,044 SF
      2601 Hwy 71st S, Mena, AR 71953-8296
      View Details
    • Value Estimation by Request
      2,240 SF

      1168 Hwy 71st S

      OFFICE BUILDING • 2,240 SF
      1168 Hwy 71st S, Mena, AR 71953-3908
      View Details
    • Value Estimation by Request
      1,104 SF

      3501 Hwy 71st S

      OFFICE BUILDING • 1,104 SF
      3501 Hwy 71st S, Mena, AR 71953-8011
      View Details
    • Value Estimation by Request
      640 SF

      411 Mena St

      OFFICE BUILDING • 640 SF
      411 Mena St, Mena, AR 71953-3335
      View Details
    • Value Estimation by Request
      2,184 SF

      752 Polk Rd 57th N St

      OFFICE BUILDING • 2,184 SF
      752 Polk Rd 57th N St, Mena, AR 71953-8881
      View Details

    Similar Nearby for Sale

    • $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
      View Details
    • $118,900
      1,904 SF

      Commercial Building in Mena, Arkansas

      Commercial building with office spaces, located in Mena, Arkansas.
      2209 Highway 71 North, 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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    • $200,000
      6.55 Acres

      Highway 71 N Commercial Land

      6.55 Acres, High Traffic Area, Development Potential
      3472 Highway 71, Mena, AR 71953
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    • $795,000
      0.89 Acres

      Prime Mena Business Opportunity

      High-traffic Hwy 71 location, 0.89 acres.
      1150 Highway 71, Mena, AR 71953
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    • $729,000
      0.29 Acres

      Prime Mena, AR Commercial Land

      0.29-Acre Hwy 71 Lot - $729,000
      204 Highway 71, Mena, AR 71953
      View Details
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    515 Mena St
    Mena, AR 71953-3337
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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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