Financial
Distress signals
Property profile

600 Park Ave Hot Springs, AR 71901

FOR SALE
Retail space
View Listing
Property ID
US05-2224968
1,881 SF 0.3 ac lot Built 1930
Last sale Oct 2024 · $255,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 1,881-square-foot commercial storefront configured as two suites, Suites A and B. The building was recently renovated and can be occupied together as a combined space or separated into two individual leasable areas. Suite A includes existing plumbing and electrical infrastructure suitable for restaurant, bar, salon, or other commercial uses. Each suite has its own restroom, separate utility services, and independent heating and cooling. The property is located at 600 Park…

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?
$1k
Tax billed · 2024
Assessed value$27k
Assessed land$13k
Assessed improvement$14k
Effective rate4.52%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 742.60% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$39 – $136

Cap rate analysis

How does the asset earn?
742.60%
$15k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.3
Auto Repair Shop10.7
Law Firm9.2

Location

600 Park Ave Hot Springs, AR 71901
County assessor Recorded deeds · 3 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
866 Park, Hot Springs, AR 71901-3005 $1,100,000 Mar 2024 2,074 SF
501 Park, Hot Springs, AR 71901-3506 $350,000 Aug 2023 1,234 SF
201 Grand, Hot Springs, AR 71901-4133 $590,000 Jul 2023 1,356 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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