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    Property profile & analytics

    6822 Albert Pike Rd Royal, AR 71968-9498

    • Office buildings
    • 1,247 SF
    • 2.66 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Feb 12, 2024
    $147,000
    Location Intelligence
    Property ID
    US05-0048318
    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 6822 Albert Pike Rd

    Year built
    1970
    Lot size
    2.66 lot acres
    Property size
    1,247 SF
    Property type
    Office buildings
    APN
    100-18223-000C
    APU
    10018223000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $185,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $195,000
      Mixed-Use
      $180,000
      Hospitality
      $180,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $210,000
      Income-Based Land
      $180,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Royal
    County
    Garland
    State
    Arkansas
    Longitude
    -93.2421
    Latitude
    34.5123
    CBSA code
    26300
    CBSA name
    HOT SPRINGS, AR 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
    2024
    $1,286
    $11,480
    $17,870
    $29,350
    -
    $57,400
    $89,350
    $146,750

    Comparable in this City

    • Value Estimation
      $485,000
      11,384 SF

      106 Crk Side Ln

      OFFICE BUILDING • 11,384 SF
      106 Crk Side Ln, Royal, AR 71968-9595
      View Details
    • Value Estimation by Request
      852 SF

      1649 Crystal Spgs Rd

      OFFICE BUILDING • 852 SF
      1649 Crystal Spgs Rd, Royal, AR 71968-8294
      View Details
    • Value Estimation by Request
      1.23 Acres

      Brady Mtn Co

      COMMERCIAL (GENERAL) • 1.23 Acres
      Brady Mtn Co, Royal, AR 71968
      View Details
    • Value Estimation by Request

      275 Hiram Smith Trl

      COMMERCIAL (GENERAL)
      275 Hiram Smith Trl, Royal, AR 71968
      View Details
    • Value Estimation by Request

      180 Oakgrove Rd

      COMMERCIAL (GENERAL)
      180 Oakgrove Rd, Royal, AR 71968
      View Details
    • Value Estimation by Request

      Albert Pike Rd At Gillwood Rd

      COMMERCIAL (GENERAL)
      Albert Pike Rd At Gillwood Rd, Royal, AR 71968
      View Details

    Similar Nearby for Sale

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      Two acre property bordering National Forest near Lake Ouachita.
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      Residential Lot in Garland County

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    • New
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      Royal, AR Acreage Near Forest

      7.84 acres near Lake Ouachita and Hot Springs.
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    • $199,900
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      Lake Hamilton Frontage Wooded Acreage

      Wooded 4.11 acre lot with frontage on Lake Hamilton.
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    • $199,000
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      Residential Lot Ready for Building

      4.34-acre lot with utilities in place near National Forest.
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      View Details
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    Royal, AR 71968-9498
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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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