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    Property profile & analytics

    516 Hwy 71st S Mena, AR 71953-4157

    • Retail space
    • 2,786 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2025
    $125,000
    Location Intelligence
    Property ID
    US05-1790903
    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 516 Hwy 71st S

    Year built
    1940
    Lot size
    0.15 lot acres
    Property size
    2,786 SF
    Property type
    Retail space
    APN
    6000-00498-0000
    APU
    6000004980000

    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
    -94.2358
    Latitude
    34.5825

    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
    $737
    $2,600
    $14,860
    $17,460
    -
    $13,000
    $74,300
    $87,300

    Comparable in this City

    • Value Estimation by Request
      2,750 SF

      817 Mena St

      RETAIL STORES (PERSONAL SERVICES) • 2,750 SF
      817 Mena St, Mena, AR 71953-4245
      View Details
    • Value Estimation by Request
      4,400 SF

      901 Mena St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      901 Mena St, Mena, AR 71953-4247
      View Details
    • Value Estimation by Request
      1,050 SF

      513 Mena St

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      513 Mena St, Mena, AR 71953-3337
      View Details
    • Value Estimation by Request
      1,260 SF

      515 Sherwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      515 Sherwood Ave, Mena, AR 71953-3233
      View Details
    • Value Estimation by Request
      1,576 SF

      1171 Hwy 71st Sa

      RETAIL STORES (PERSONAL SERVICES) • 1,576 SF
      1171 Hwy 71st Sa, Mena, AR 71953-4754
      View Details
    • Value Estimation by Request
      3,200 SF

      908 4th St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      908 4th St, Mena, AR 71953-4226
      View Details

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      Restored historic building in Mena, AR with multiple income streams.
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      Retail Building and Land For Sale

      Retail building on Hwy 71 with excellent parking.
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    • $693,000
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      Mena Commercial Building and Land

      Commercial building and land in a high-visibility, populated area.
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      Commercial Building with Highway Visibility

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    516 Hwy 71st S
    Mena, AR 71953-4157
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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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