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    Property profile & analytics

    601 Race Ave Searcy, AR 72143-4418

    • Turn key restaurants
    • 1,673 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 27, 2024
    Location Intelligence
    Property ID
    US05-1762881
    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

    • Whilma's Filipino Restaurant / Filipino Restaurant / Restaurant

    Property Details for 601 Race Ave

    Year built
    1925
    Lot size
    0.72 lot acres
    Property size
    1,673 SF
    Property type
    Turn key restaurants
    APN
    016-03265-000
    APU
    1603265000

    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
    -91.7316
    Latitude
    35.2504
    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
    $2,473
    $25,090
    $35,828
    $60,918
    -
    $125,450
    $179,140
    $304,590

    Comparable in this City

    • Value Estimation by Request
      3,479 SF

      311 Spruce St

      RESTAURANT • 3,479 SF
      311 Spruce St, Searcy, AR 72143-7704
      View Details
    • Value Estimation
      $450,000
      3,900 SF

      130 Poplar St

      RESTAURANT • 3,900 SF
      130 Poplar St, Searcy, AR 72143-6002
      View Details
    • Value Estimation
      $1,335,000
      5,947 SF

      3703 Race Ave

      RESTAURANT • 5,947 SF
      3703 Race Ave, Searcy, AR 72143
      View Details
    • Value Estimation
      $355,000
      2,604 SF

      2315 Beebe Capps Expy

      RESTAURANT • 2,604 SF
      2315 Beebe Capps Expy, Searcy, AR 72143-4905
      View Details
    • Value Estimation
      $290,000
      3,162 SF

      1100 Race Ave

      RESTAURANT • 3,162 SF
      1100 Race Ave, Searcy, AR 72143-4654
      View Details
    • Value Estimation
      $435,000
      8,388 SF

      2625 Race Ave

      RESTAURANT • 8,388 SF
      2625 Race Ave, Searcy, AR 72143-4774
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      43,560 SF

      Searcy City Center Outparcels

      High-traffic retail investment opportunity.
      1211 Janet Dr, Searcy, AR 72143
      View Details
    • $3,581,500
      7,800 SF

      Modern Retail Center in Searcy

      7,800 sq ft retail center with national tenants.
      3113 E Race Ave, Searcy, AR 72143
      View Details
    • $1,000,000
      5,349 SF

      Vacant Restaurant Building on Race

      Freestanding restaurant building in high-traffic, high-visibility Searcy location.
      3000 E Race St, Searcy, AR 72143
      View Details
    • New
      $300,000
      3,746 SF

      Downtown Searcy Building and Land

      Building in the heart of downtown Searcy, Arkansas.
      311 N Spruce St, Searcy, AR 72143
      View Details
    • $899,000
      5,030 SF

      Established Restaurant Near Highway 57

      Established restaurant for sale with highway visibility and strong clientele.
      2613 Eastline Rd, Searcy, AR 72143
      View Details
    • $1,500,000
      15.45 Acres

      Searcy Commercial Lot on Highway

      15.45 acre commercial lot with high traffic frontage.
      3232 Highway 36 W, Searcy, AR 72143
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Retail/Restaurant Space For Lease

      Retail and restaurant spaces available for lease with C-3 zoning.
      W Beebe Capps Expy, Searcy, AR 72143
      View Details
    • $20 SF/Yr
      4,731 SF

      Searcy Retail Space Available

      Prime Searcy location, 4,731 sq ft.
      3512 Race Ave, Searcy, AR 72143
      View Details
    • $3,750 /Mo
      2,500 SF

      Retail Space Near Harding University

      2300 SF retail space with high visibility frontage.
      1629 E Beebe Capps Expy, Searcy, AR 72143
      View Details
    • $10 SF/Yr
      34,724 SF

      Retail Center on E. Race

      Retail leasing and development opportunities on E. Race St., Searcy.
      2706-2710 E Race Ave, Searcy, AR 72143
      View Details
    • $1,408 /Mo
      1,300 SF

      Retail Space on Beebe Capps

      Retail space for lease in Searcy, Arkansas.
      1909 West Beebe Capps Expwy Expy, Searcy, AR 72143
      View Details
    • $1,100 /Mo
      1,227 SF

      Retail Space For Lease

      Retail space available for lease with easy access.
      2935 E Race Ave, Searcy, AR 72143
      View Details
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    601 Race Ave
    Searcy, AR 72143-4418
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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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