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    Property profile & analytics

    605 1St Ave Gravette, AR 72736

    • Retail space
    • 1,264 SF
    • 0.17 lot acres
    For Sale
    View listing
    $170,000
    Value Estimation
    Location Intelligence
    Property ID
    US05-0435475
    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

    • The Meatin' Place / Restaurant / Barbecue Restaurant
    • Hillcrest Cemetery / Cemetery
    • Permanent Cosmetic’s by Alicia polk / Permanent Make-Up Clinic
    • Savy Skin / Beauty Salon
    • ATM Machine at Blended Ends Salon / Atm

    Property Details for 605 1St Ave

    Lot size
    0.17 lot acres
    Property size
    1,264 SF
    Property type
    Retail space
    APN
    11-00019-000
    APU
    1100019000

    Description

    This 1,264 square foot building, situated on a 0.17-acre lot at 605 1st Avenue in Gravette, Arkansas, presents a unique investment opportunity. Boasting over 80 feet of road frontage on Highway 59, this property benefits from high visibility and an estimated daily traffic count exceeding 6,100 vehicles. The building is industrially zoned, allowing for a variety of uses including storage, assembly, and manufacturing. Currently operating as a hair salon, the property's adaptability extends to office, retail, or professional services. Its location offers easy access to downtown Gravette, a rapidly growing community with a 6.84% population increase since 2020. The building features a brand new radiant heating system and electric HVAC, installed in 2025, ensuring efficient and comfortable climate control. This combination of prime location, versatile zoning, modern amenities, and high traffic volume makes this property an attractive prospect for a wide range of businesses seeking a foothold in a thriving Arkansas community. The asking price is $170,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gravette
    County
    Benton
    State
    Arkansas
    Longitude
    -94.4545
    Latitude
    36.4277
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN 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
    2023
    $670
    $4,000
    $9,650
    $13,650
    -
    $20,000
    $48,250
    $68,250

    Comparable in this City

    • Value Estimation by Request
      9,130 SF

      202 Main NE St

      RETAIL STORES (PERSONAL SERVICES) • 9,130 SF
      202 Main NE St, Gravette, AR 72736-9546
      View Details
    • Value Estimation by Request
      2,000 SF

      117 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      117 Main St, Gravette, AR 72736
      View Details
    • Value Estimation
      $315,000
      5,070 SF

      205 Atlanta SE St

      RETAIL STORES (PERSONAL SERVICES) • 5,070 SF
      205 Atlanta SE St, Gravette, AR 72736-9364
      View Details
    • Value Estimation
      $180,000
      1,500 SF

      123 Main SE St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      123 Main SE St, Gravette, AR 72736-8753
      View Details
    • Value Estimation by Request
      2,500 SF

      121 Main SE St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      121 Main SE St, Gravette, AR 72736-8753
      View Details
    • Value Estimation by Request
      2,226 SF

      206 Main NE St

      RETAIL STORES (PERSONAL SERVICES) • 2,226 SF
      206 Main NE St, Gravette, AR 72736-9546
      View Details

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    605 1St Ave
    Gravette, AR 72736
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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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