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    Property profile & analytics

    941 Hwy 278th E Monticello, AR 71655-7906

    • Auto shops
    • 7,940 SF
    • 19.10 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Aug 07, 2020
    Location Intelligence
    Property ID
    US05-1254220
    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

    • Auto shops

    Property Details for 941 Hwy 278th E

    Year built
    2002
    Lot size
    19.10 lot acres
    Property size
    7,940 SF
    Property type
    Auto shops
    APN
    703-03390-000-C
    APU
    70303390000C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.7763
    Latitude
    33.6306

    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
    $2,492
    $11,070
    $40,310
    $51,380
    -
    $55,350
    $201,550
    $256,900

    Comparable in this City

    • Value Estimation
      $70,000
      1,344 SF

      213 Gaines St

      AUTO REPAIR, GARAGE • 1,344 SF
      213 Gaines St, Monticello, AR 71655-4903
      View Details
    • Value Estimation by Request
      4,150 SF

      124 Carla Ln

      AUTO REPAIR, GARAGE • 4,150 SF
      124 Carla Ln, Monticello, AR 71655-4062
      View Details
    • Value Estimation
      $210,000
      4,500 SF

      Hwy 35th E

      AUTO REPAIR, GARAGE • 4,500 SF
      Hwy 35th E, Monticello, AR 71655
      View Details
    • Value Estimation
      $550,000
      14,962 SF

      1215 Hwy 425th N

      AUTO REPAIR, GARAGE • 14,962 SF
      1215 Hwy 425th N, Monticello, AR 71655-4460
      View Details
    • Value Estimation
      $355,000
      8,932 SF

      268 Hwy 425th S

      AUTO REPAIR, GARAGE • 8,932 SF
      268 Hwy 425th S, Monticello, AR 71655-4610
      View Details
    • Value Estimation
      $735,000
      20,800 SF

      1185 Hwy 425th S

      AUTO REPAIR, GARAGE • 20,800 SF
      1185 Hwy 425th S, Monticello, AR 71655-9736
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      1134 Highway 425 S

      AUTO REPAIR SHOP WITH EQUIPMENT (TURN KEY)
      1134 Highway 425 S, Monticello, AR 71655
      View Details
    • $13 SF/Yr
      134,101 SF

      Northpark Village Shopping Center

      High-traffic retail center in Monticello, AR
      427 Us-425, Monticello, AR 71655
      View Details
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    Monticello, AR 71655-7906
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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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