Financial
Distress signals
Property profile

1820 Central Ave E Hot Springs, AR 71901

FOR SALE
Office buildings
Property ID
US05-0401981
26,204 SF 1.85 ac lot Built 1960
Last sale Oct 2022 · $1,632,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a professional office space within a multi-tenant professional center in Hot Springs, Arkansas, situated at a stoplight intersection with convenient vehicular access. The available interior space is approximately 2,390 square feet and includes a public entrance leading to a reception area, a large work or conference room, a break area, and four individual offices or rooms. Common areas are shared among multiple tenants both indoors and outdoors. The building provides

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?
$17k
Tax billed · 2024
Assessed value$367k
Assessed land$81k
Assessed improvement$285k
Effective rate4.52%

Value estimate

· Sep 2026
$1.55M
$1.39M – $1.70M
AI approach$1.59M
Submarket $/SF estimate$2.03M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$4k
Operating expenses−$8k
NOI · 1,699.78% cap applied$23k

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?
1,699.78%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.1
Storage Facility9.3
Locksmith9.0

Location

1820 Central Ave, Unit E Hot Springs, AR 71901
County assessor Recorded deeds · 14 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
620 Central, Hot Springs, AR 71901-5300 $3,000,000 Sep 2024 27,950 SF
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
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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