397 MarketMonticello, AR 71655

  • Individual retail properties
  • 6,664 SF
Off market
$10,018,800 Estimated

Property Details for 397 Market

Year built
1999
Lot size
1.00 AC
Property size (Sq ft)
6,664 SF
Property type
Individual retail properties
APN
703-03543-007-C
APU
70303543007C

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,556,996
    6.5%
    $1,437,227
    7%
    $1,334,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,281,006
    Geo Method
    $1,201,223
  • Alternative Use

    Use
    Valuation
    Residential
    $1,212,354
    Hospitality
    $1,110,510
    Educational
    $923,931
    Medical
    $955,707
    Retail
    $1,437,227
397 Market, Monticello, Arkansas

Location Insight

City
Monticello
County
Drew
State
Arkansas
Latitude
33.6344
Longitude
-91.8061

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
$2,954
$10,450
$50,450
$60,900
-
$52,250
$252,250
$304,500

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