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    605 Magnolia Ave Mena, AR 71953-3009

    • Office buildings
    • 5,000 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US05-2040283
    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 605 Magnolia Ave

    Year built
    2010
    Construction
    FRAME
    Lot size
    0.75 lot acres
    Property size
    5,000 SF
    Property type
    Office buildings
    APN
    6000-01732-0000
    APU
    6000017320000

    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
    -94.2419
    Latitude
    34.5885

    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
    $2,454
    $6,150
    $51,460
    $57,610
    -
    $30,750
    $257,300
    $288,050

    Comparable in this City

    • Value Estimation by Request
      3,244 SF

      Mena, AR 71953

      OFFICE BUILDING • 3,244 SF
      Mena, AR 71953
      View Details
    • Value Estimation by Request
      1,610 SF

      519 Dequeen St

      OFFICE BUILDING • 1,610 SF
      519 Dequeen St, Mena, AR 71953-3215
      View Details
    • Value Estimation by Request
      1,479 SF

      206 Hwy 71st N

      OFFICE BUILDING • 1,479 SF
      206 Hwy 71st N, Mena, AR 71953-4348
      View Details
    • Value Estimation by Request
      900 SF

      612 Mena St

      OFFICE BUILDING • 900 SF
      612 Mena St, Mena, AR 71953-3340
      View Details
    • Value Estimation by Request
      1,748 SF

      Hwy 71st S

      OFFICE BUILDING • 1,748 SF
      Hwy 71st S, Mena, AR 71953
      View Details
    • Value Estimation
      $415,000
      3,840 SF

      512 7th St, Unit 512

      OFFICE BUILDING • 3,840 SF
      512 7th St, Mena, AR 71953-3203
      View Details

    Similar Nearby for Sale

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      Commercial Building in Mena, Arkansas

      Commercial building with office spaces, located in Mena, Arkansas.
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    • $235,000
      1,040 SF

      Remodeled Office Building with Rentals

      Fully remodeled office building with high visibility and rental income.
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    • $693,000
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      Mena Commercial Building and Land

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    • $200,000
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      Highway 71 N Commercial Land

      6.55 Acres, High Traffic Area, Development Potential
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    • $795,000
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      Prime Mena Business Opportunity

      High-traffic Hwy 71 location, 0.89 acres.
      1150 Highway 71, Mena, AR 71953
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    • $729,000
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      Prime Mena, AR Commercial Land

      0.29-Acre Hwy 71 Lot - $729,000
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      View Details
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    605 Magnolia Ave
    Mena, AR 71953-3009
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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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