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    1609 Albert Pike Rd Hot Springs, AR 71913

    • Neighborhood centers
    • 43,825 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hot Springs Motor Vehicle Office / Department Of Motor Vehicles
    • Revenue Department / Department Of Finance / Government Office
    • Direct Auto Insurance / Motorcycle Insurance Agency / Renter'S Insurance Agency
    • Ai Sushi & Grill / Japanese Restaurant
    • La Herradura Western Wear / Western Apparel Store

    Property Details for 1609 Albert Pike Rd

    Property size
    43,825 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0909
    Latitude
    34.4922

    Comparable in this City

    • Value Estimation
      $700,000
      21,358 SF

      1635 Higdon Fry Rd

      SHOPPING CENTER, STRIP CENTER • 21,358 SF
      1635 Higdon Fry Rd, Hot Springs, AR 71913-6913
      View Details
    • Value Estimation
      $4,025,000
      5,715 SF

      4425 Central Ave

      SHOPPING CENTER, STRIP CENTER • 5,715 SF
      4425 Central Ave, Hot Springs, AR 71913-7253
      View Details
    • Value Estimation
      $350,000
      8,236 SF

      507 Mtn Pne Rd

      SHOPPING CENTER, STRIP CENTER • 8,236 SF
      507 Mtn Pne Rd, Hot Springs, AR 71913-9159
      View Details
    • Value Estimation
      $470,000
      11,170 SF

      221 Airport Rd

      SHOPPING CENTER, STRIP CENTER • 11,170 SF
      221 Airport Rd, Hot Springs, AR 71913-4060
      View Details
    • Value Estimation
      $625,000
      24,620 SF

      2550 Airport Rd

      SHOPPING CENTER, STRIP CENTER • 24,620 SF
      2550 Airport Rd, Hot Springs National Park, AR 71913-9271
      View Details
    • Value Estimation
      $475,000
      28,750 SF

      1331 Airport Rd, Unit 1335

      SHOPPING CENTER, STRIP CENTER • 28,750 SF
      1331 Airport Rd, Lake Hamilton, AR 71913-8024
      View Details

    Similar Nearby for Sale

    • $3,000,000
      36,610 SF

      70 West Shopping Center: Hot Springs, AR

      Prime Retail Center: Vacant, High Traffic
      207 Airport Rd, Hot Springs, AR 71913
      View Details
    • $675,000
      11.53 Acres

      Hot Springs Commercial Land Investment

      11.53 Acres, Two Buildings, High Traffic
      2088 Airport Rd, Hot Springs, AR 71913
      View Details
    • $4,042,867
      37,641 SF

      Retail Center on Central Avenue

      High visibility retail center centrally located on Central Avenue.
      3814 Central Ave, Hot Springs, AR 71913
      View Details
    • $2,200,000
      17,248 SF

      Hot Springs Shopping Center For Sale

      Commercial investment property with high occupancy in a prime location.
      5401 Central Ave, Hot Springs, AR 71913
      View Details
    • $1,900,000
      39,840 SF

      Leased Retail Center Near Sutherlands

      Value-add neighborhood center shadow-anchored by Sutherlands, 100% leased.
      1819 Albert Pike Rd, Hot Springs, AR 71913
      View Details
    • $119,000
      1,842 SF

      Hot Springs Mixed-Use Opportunity

      Mixed-use property with retail space and live-work potential.
      251 Hobson Ave, Hot Springs, AR 71913
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      36,610 SF

      Hot Springs Retail Center For Sale/Lease

      Prime retail space, high traffic, excellent visibility.
      207 Airport Rd, Hot Springs, AR 71913
      View Details
    • $12 SF/Yr
      17,140 SF

      Hot Springs Retail Plaza

      17,140 SF Retail Space Available
      5401 Central Ave, Hot Springs, AR 71913
      View Details
    • $12 SF/Yr
      11,700 SF

      Lake Hamilton Retail Center

      High-traffic retail space available.
      5737 Central Ave, Lake Hamilton, AR 71913
      View Details
    • $19 SF/Yr
      14,700 SF

      Hot Springs Retail Center

      Central Ave Strip Mall, 9 Suites
      3539 Central Ave, Hot Springs, AR 71913
      View Details
    • Contact for pricing
      1,420 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center near national park.
      1607-1609 Albert Pike Rd, Hot Springs, AR 71913
      View Details
    • $25 SF/Yr
      2,388 SF

      Retail Space Near Major Anchors

      Retail space with high traffic and easy access.
      1412 Higdon Ferry Rd, Hot Springs, AR 71913
      View Details
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    1609 Albert Pike Rd
    Hot Springs, AR 71913
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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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