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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Warehouses
100 Desai Patel Ct Hot Springs, AR 71913-5065
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0455174
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Total area
21,552 SF
Lot
2.3 ac (100,188 SF)
APN
300-08131-000C
UPID
US05-0455174
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.22M
Owner & transaction history
William Gregg Orr · 4 yrs held
William Gregg Orr
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+76.3%
Auto repair, garage
$1.3M
+24.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hot Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,135,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,015,000
Current use
RETAIL STORES
$1,790,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,270,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.20M (Jun 24 2022)
Last sale anchor
$1.20M
Jun 24 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,628
Tax year 2024
Assessed value
$235,140
Assessed 2024
Previous assessed
$235,140
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$133,500
Assessed improvement
$101,640
Land market value
$667,500
Improvement market value
$508,200
Total market value
$1,175,700
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
21,552 SF
Lot
2.3 ac (100,188 SF)
APN
300-08131-000C
UPID
US05-0455174
Jurisdiction
GARLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
William Gregg Orr
Individual
Mailing address
3921 MALL LN, TEXARKANA, TX 75501-2659
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
$1,200,000
William Gregg Orr
Honest Properties LLC
Warranty Deed
$960,000 · Southern Bancorp Bank
Apr 23, 2021
—
Honest Properties LLC
—
Deed
related
$425,000 · Arvest Bank
Aug 19, 2016
—
Honest Properties LLC
—
Deed
related
$410,908 · The Capital Bank
May 21, 2014
$650,000
Honest Properties LLC
Kellstrom Family Trust
Grant Deed
—
Oct 8, 2009
—
Kellstrom Family Trust
—
Trustees Deed
related
$100,000 · Summit Bank
Apr 28, 2008
$1,200,000
Kellstrom Family Trust
Ra Gibson INC
Warranty Deed
related
$1,070,000 · Summit Bank
Dec 21, 2007
$1,000,000
Honest Properties LLC
Kellstrom Family Trust
Grant Deed
—
Jan 18, 2005
—
James W Kellstrom
Kellstrom Trust
Quit Claim Deed
related
$250,000 · Summit Bank
Feb 9, 2004
—
Kellstrom Family Trust
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 27, 2000
$819,000
James W Kellstrom
Owner Name Unavailable
Warranty Deed
related
—
Jun 3, 1999
—
Harrison Eugene & Delta Tr Etal
Owner Name Unavailable
Grant Deed
related
—
Jun 3, 1999
$900,000
Kdh LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Kellstrom Family Trust
—
Deed Of Trust
related
$100,000 · Summit Bank
—
—
Kellstrom Family Trust
—
Loan Modification
related
—
—
—
Kellstrom Family Trust
—
Loan Modification
related
—
—
—
Kellstrom Family Trust
—
Deed Of Trust
related
—
—
—
Kellstrom Family Trust
—
Deed Of Trust
related
$100,000 · Summit Bank
—
—
Kellstrom Family Trust
—
Loan Modification
related
$50,000 · Summit Bank
—
—
Kellstrom Family Trust
—
Deed Of Trust
related
$100,000 · Summit Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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