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    Property profile & analytics

    603 1st St Mc Rae, AR 72102-9570

    • Retail space
    • 2,041 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 04, 2022
    $271
    Location Intelligence
    Property ID
    US05-1945857
    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 603 1st St

    Year built
    1910
    Property size
    2,041 SF
    Property type
    Retail space
    APN
    012-00068-000
    APU
    1200068000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mc Rae
    County
    White
    State
    Arkansas
    Longitude
    -91.822
    Latitude
    35.1128
    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
    $21
    $450
    $0.00
    $450
    -
    $2,250
    $0.00
    $2,250

    Comparable in this City

    • Value Estimation by Request
      2,694 SF

      Mc Rae, AR 72102

      RETAIL STORES (PERSONAL SERVICES) • 2,694 SF
      Mc Rae, AR 72102
      View Details
    • Value Estimation by Request
      1,184 SF

      601 1st St

      FINANCIAL BUILDING • 1,184 SF
      601 1st St, Mc Rae, AR 72102-9570
      View Details
    • Value Estimation by Request
      676 SF

      177 Kirkland Rd

      BARBER, HAIR SALON • 676 SF
      177 Kirkland Rd, Mc Rae, AR 72102-9758
      View Details
    • Value Estimation
      $360,000
      9,000 SF

      3080 Hwy 13

      WHOLESALE OUTLET, DISCOUNT STORE • 9,000 SF
      3080 Hwy 13, Mc Rae, AR 72102-8027
      View Details
    • Value Estimation by Request
      1,720 SF

      4890 Hwy 367th S

      RESTAURANT • 1,720 SF
      4890 Hwy 367th S, Mc Rae, AR 72102-9650
      View Details
    • Value Estimation by Request
      2,000 SF

      256 16th Section Rd

      AUTO REPAIR, GARAGE • 2,000 SF
      256 16th Section Rd, Mc Rae, AR 72102-9751
      View Details

    Similar Nearby for Sale

    • $199,000
      40.00 Acres

      Hunting Land Near McRae, Arkansas

      Affordable acreage with hunting opportunities close to town.
      000 Highway 13, McRae, AR 72102
      View Details
    • $49,000
      5.00 Acres

      5-Acre Rural Property Near I-57

      5 acres ideal for small farm or peaceful country living.
      000 Highway 13, McRae, AR 72102
      View Details
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    603 1st St
    Mc Rae, AR 72102-9570
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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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