Financial
Distress signals
Property profile

620 Central Ave Hot Springs, AR 71901

OFF-MARKET
Office buildings
Property ID
US05-2193596
27,950 SF 0.4 ac lot Built 1920
Last sale Sep 2024 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This mixed-use building comprises approximately 28,700+ square feet on a 1.4-acre lot and is configured for retail and office/residential use. Ground level includes multiple retail spaces, plus one standard living space, and three residential penthouse units. The second floor features seven rental suites, each subdivided into multiple smaller office spaces. Public areas are ADA compliant, and the building has separate utility metering. A passenger elevator provides access to public floors, and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$585k
Assessed land$100k
Assessed improvement$485k
Effective rate4.52%

Value estimate

· Sep 2026
$3.00M
$2.70M – $3.30M
AI approach$3.00M
Submarket $/SF estimate$3.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$36 – $136

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGARLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.6
Watch Repair Shop8.6
Butcher8.2

Location

620 Central Ave Hot Springs, AR 71901-5300
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
923 Central, Hot Springs, AR 71901-5336 $785,000 Jul 2024 11,724 SF
126 Hobson, Hot Springs, AR 71901-6101 $380,000 Mar 2024 7,764 SF
528 Central, Hot Springs, AR 71901-3597 $2,095,000 Jan 2024 39,534 SF
310 Ouachita, Hot Springs, AR 71901-5209 $575,000 Apr 2023 10,864 SF
1820 Central, Hot Springs, AR 71901-7199 $1,632,500 Oct 2022 26,204 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 620 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message