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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Hospitals
1208 Hwy 7th 7 Hot Springs Village, AR 71909-9683
Individually Owned
4-yr Hold
Free & Clear
Property ID
US05-2401047
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2006
Total area
36,992 SF
Lot
36.81 ac (1,603,444 SF)
APN
100-04388-000
UPID
US05-2401047
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
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$995k
Owner & transaction history
Village Springs Health And Rehab Ll · 4 yrs held
Village Springs Health And Rehab Ll
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hot Springs Village 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
by Request
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,070,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,015,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10%
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
$27 / 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
$32,897
Tax year 2024
Assessed value
$856,700
Assessed 2024
Previous assessed
$856,700
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$62,020
Assessed improvement
$794,680
Land market value
$310,100
Improvement market value
$3,973,400
Total market value
$4,283,500
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
103
Total area
36,992 SF
Lot
36.81 ac (1,603,444 SF)
APN
100-04388-000
UPID
US05-2401047
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
MEDICAL BUILDING Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
103
Lot
36.81 ac
Current owner
From public records · entity-resolved
Village Springs Health And Rehab Ll
Individual
Free & Clear · 4 yrs held
Mailing address
787 11TH AVE FL 10TH, NEW YORK, NY 10019-3586
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
—
Village Springs Health And Rehab Ll
Gar Co Re LLC
Special Warranty Deed
—
Feb 25, 2019
—
Arkansas St Highway Comn
Gar Co Re LLC
Warranty Deed
related
—
Jun 5, 2018
$4,919,200
Gar Co Re LLC
Hot Springs Aviv LLC
Grant Deed
—
Apr 25, 2008
—
Hot Springs Aviv LLC
Fountain Properties LLC
Grant Deed
related
$426,770,802 · Lasalle National Bank
Feb 28, 2007
$5,700,000
Fountain Properties LLC
Dcb Real Estate Ptshp
Warranty Deed
$4,845,000 · First Community Bank
Sep 18, 2006
—
Dcb Real Estate Ptshp
—
Trustees Deed
related
$500,000 · First Community Bank
Sep 29, 2004
—
Conva Care Health Props LLC
—
Trustees Deed
related
$250,174 · First Arizona Valley Bank
Aug 27, 2002
$350,000
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
—
—
Hot Springs Aviv LLC
—
Deed Of Trust
related
—
—
—
Fountain Properties LLC
—
Deed Of Trust
related
$350,000 · First Community 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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