New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Strip malls
638 Main St, Jacksonville, AR 72076-4432
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0249921
Property summary
AI-generated overview
This exceptional retail opportunity in Jacksonville, Arkansas, is located at 638 W Main St, 72076, within Pulaski County. The property is part of a well-established shopping center anchored by the W Main St Flea Market, ensuring high visibility and substantial foot traffic. Currently undergoing a complete interior and exterior renovation, this space is move-in ready and ideal for a variety of businesses. One available unit offers 2,610 square feet of open space, complete with existing bathrooms. Additional larger spaces of 6,500 and 22,000 square feet are also available within the center. This prime location offers unparalleled exposure in a thriving commercial area, making it an exceptional investment for businesses seeking a high-traffic, well-established location. The property's strategic placement and ongoing renovations promise a seamless transition for new tenants. Don't miss this chance to establish your business in a dynamic and successful shopping center. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Total area
108,065 SF
Lot
8.09 ac (352,400 SF)
APN
12J-027-00-098-00
UPID
US05-0249921
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Golden Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$3.28M
Owner & transaction history
Arkansas Commercial LLC · 4 yrs held
Arkansas Commercial LLC
since 2022
Last sale
$3.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,175,000
ML approach
$3,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10% · vs last sale $3.30M (May 10 2022)
Last sale anchor
$3.30M
May 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$32,667
Tax year 2024
Assessed value
$607,200
Assessed 2024
Previous assessed
$607,200
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$176,200
Assessed improvement
$431,000
Land market value
$881,000
Improvement market value
$2,155,000
Total market value
$3,036,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Heating
NONE
Cooling
NONE
Stories
1
Total area
108,065 SF
Lot
8.09 ac (352,400 SF)
APN
12J-027-00-098-00
UPID
US05-0249921
Jurisdiction
PULASKI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.09 ac
Current owner
From public records · entity-resolved
Arkansas Commercial LLC
Entity
Mailing address
84 W 21ST ST, RIVIERA BEACH, FL 33404
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
$3,300,000
Arkansas Commercial LLC
J Michael Sentell
Warranty Deed
$2,640,000 · Bancorpsouth Bank
Jul 16, 2018
—
Paradise Developments LLC
—
Deed
related
—
—
—
Paradise Developments LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 638 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
