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    Property profile & analytics

    947 Free St Walnut Ridge, AR 72476-2234

    • Turn key restaurants
    • 1,617 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 05, 2023
    Location Intelligence
    Property ID
    US05-0895828
    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 947 Free St

    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    1,617 SF
    Property type
    Turn key restaurants
    APN
    850-02178-001-C
    APU
    85002178001C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Ridge
    County
    Lawrence
    State
    Arkansas
    Longitude
    -90.9655
    Latitude
    36.0708

    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
    2023
    $249
    $1,307
    $4,790
    $6,097
    -
    $6,535
    $23,950
    $30,485

    Comparable in this City

    • Value Estimation
      $60,000
      3,784 SF

      225 Main St

      RESTAURANT • 3,784 SF
      225 Main St, Walnut Ridge, AR 72476-1934
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    • Value Estimation by Request
      2,491 SF

      501 4th St

      RESTAURANT • 2,491 SF
      501 4th St, Walnut Ridge, AR 72476-1504
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    • Value Estimation
      $130,000
      2,500 SF

      110 Frnt St

      RESTAURANT • 2,500 SF
      110 Frnt St, Walnut Ridge, AR 72476-2429
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    • Value Estimation by Request
      4,200 SF

      118 Abbey Rd

      RESTAURANT • 4,200 SF
      118 Abbey Rd, Walnut Ridge, AR 72476-2332
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    • Value Estimation by Request
      1,604 SF

      3215 Hwy 67

      RESTAURANT • 1,604 SF
      3215 Hwy 67, Walnut Ridge, AR 72476
      View Details
    • Value Estimation by Request
      2,500 SF

      211 Main St

      RESTAURANT • 2,500 SF
      211 Main St, Walnut Ridge, AR 72476-1934
      View Details

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      1.00 Acre

      Acreage in Rural Lawrence County

      One-acre lot in a quiet, rural setting.
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    947 Free St
    Walnut Ridge, AR 72476-2234
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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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