2817 Hwy 71stMena, AR 71953

  • Hospitality properties
  • 31,565 SF
Off market
$35,065,800 Estimated

Property Details for 2817 Hwy 71st

Year built
2009
Construction
FRAME
Lot size
3.50 AC
Property size (Sq ft)
31,565 SF
Property type
Hospitality properties
Property subtype
Bed & breakfasts
APN
0000-03777-0020
APU
37770020

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,125,335
    6.5%
    $2,884,925
    7%
    $2,678,859
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,305,934
    Geo Method
    $5,305,934
  • Alternative Use

    Use
    Valuation
    Residential
    $3,149,500
    Hospitality
    $2,884,925
    Educational
    $2,400,224
    Medical
    $2,482,771
    Retail
    $3,733,681
2817 Hwy 71st, Mena, Arkansas

Location Insight

City
Mena
County
Polk
State
Arkansas
Latitude
34.6094
Longitude
-94.2055

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
$11,894
$5,970
$329,080
$335,050
-
$29,850
$1,645,400
$1,675,250

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