406 MainDes Arc, AR 72040

  • Retail space
  • 4,248 SF
Off market
$1,612,990 Estimated

Property Details for 406 Main

Year built
2017
Lot size
0.16 AC
Property size (Sq ft)
4,248 SF
Property type
Retail space
APN
705-00430-000
APU
70500430000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $899,742
    6.5%
    $830,531
    7%
    $771,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $834,559
    Geo Method
    $834,559
  • Alternative Use

    Use
    Valuation
    Residential
    $700,584
    Hospitality
    $641,731
    Educational
    $533,913
    Medical
    $552,275
    Retail
    $830,531

Location Insight

City
Des Arc
County
Prairie
State
Arkansas
Latitude
34.9772
Longitude
-91.4968

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
$1,431
$1,120
$27,040
$28,160
-
$5,600
$135,200
$140,800

FAQs

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