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    Property profile & analytics

    72 Hwy 62nd 412 Ash Flat, AR 72513-9594

    • Turn key restaurants
    • 2,088 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    Apr 26, 2022
    $240,000
    Location Intelligence
    Property ID
    US05-1511230
    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

    • Turn key restaurants

    Property Details for 72 Hwy 62nd 412

    Lot size
    0.29 lot acres
    Property size
    2,088 SF
    Property type
    Turn key restaurants
    APN
    700-03391-000
    APU
    70003391000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $220,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $200,000
      Mixed-Use
      $255,000
      Hospitality
      $240,000
      Educational
      $270,000
      Residential Income
      $210,000
      Energy
      $225,000
      Income-Based Land
      $195,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Ash Flat
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.597
    Latitude
    36.2374
    CBSA code
    12900
    CBSA name
    BATESVILLE, 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
    $851
    $3,480
    $41,380
    $44,860
    -
    $17,400
    $206,900
    $224,300

    Comparable in this City

    • Value Estimation by Request
      5,201 SF

      633 Hwy 62nd W

      RESTAURANT • 5,201 SF
      633 Hwy 62nd W, Ash Flat, AR 72513
      View Details
    • Value Estimation
      $90,000
      640 SF

      595 Ash Flt Dr

      RESTAURANT • 640 SF
      595 Ash Flt Dr, Ash Flat, AR 72513-3300
      View Details
    • Value Estimation by Request
      2,016 SF

      191 Hwy 62nd W

      RESTAURANT • 2,016 SF
      191 Hwy 62nd W, Ash Flat, AR 72513
      View Details
    • Value Estimation
      $215,000
      2,400 SF

      298 Hwy 62nd W

      RESTAURANT • 2,400 SF
      298 Hwy 62nd W, Ash Flat, AR 72513-9414
      View Details
    • Value Estimation
      $190,000
      3,368 SF

      142 Hwy 62nd 412

      RESTAURANT • 3,368 SF
      142 Hwy 62nd 412, Ash Flat, AR 72513
      View Details
    • Value Estimation
      $210,000
      4,736 SF

      190 Hwy 62nd 412

      RESTAURANT • 4,736 SF
      190 Hwy 62nd 412, Ash Flat, AR 72513-9563
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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    Ash Flat, AR 72513-9594
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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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