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    Property profile & analytics

    141 Grand Ave Hot Springs, AR 71901-5435

    • Drive through restaurants
    • 2,652 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US05-0429303
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco Bell / Tex-Mex Restaurant / Vegetarian Restaurant

    Property Details for 141 Grand Ave

    Year built
    1990
    Lot size
    0.38 lot acres
    Property size
    2,652 SF
    Property type
    Drive through restaurants
    APN
    400-32300-001-000C
    APU
    40032300001000C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0493
    Latitude
    34.5033
    CBSA code
    26300
    CBSA name
    HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,415
    $19,240
    $100,560
    $119,800
    -
    $96,200
    $502,800
    $599,000

    Comparable in this City

    • Value Estimation
      $315,000
      1,898 SF

      4311 Park Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,898 SF
      4311 Park Ave, Hot Springs National Park, AR 71901-9475
      View Details
    • Value Estimation
      $280,000
      1,683 SF

      1515 Malvern Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,683 SF
      1515 Malvern Ave, Hot Springs, AR 71901-6570
      View Details
    • Value Estimation by Request
      1,076 SF

      622nd Carpenter Dm Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,076 SF
      622nd Carpenter Dm Rd, Hot Springs National Park, AR 71901-8200
      View Details
    • Value Estimation
      $330,000
      2,251 SF

      130 Grand Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,251 SF
      130 Grand Ave, Hot Springs, AR 71901-5434
      View Details
    • Value Estimation
      $365,000
      1,505 SF

      1875 Malvern Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,505 SF
      1875 Malvern Ave, Hot Springs, AR 71901-7131
      View Details
    • Value Estimation
      $225,000
      1,875 SF

      3701 Malvern Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,875 SF
      3701 Malvern Rd, Hot Springs National Park, AR 71901-6745
      View Details

    Similar Nearby for Sale

    • $199,000
      132 SF

      Hot Springs Commercial Opportunity

      City-approved commercial site with income potential in Hot Springs.
      910 Park Ave, Hot Springs, AR 71901
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    • $49,500
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      Commercial Property with Drive-Through Potential

      Small commercial property suitable for a drive-through establishment.
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      Established Hot Springs Bar for Sale

      Profitable bar and restaurant business opportunity in downtown Hot Springs.
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    • $749,900
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      Historic Downtown Commercial Building For Sale

      Iconic 1920 building in Historic Downtown Hot Springs.
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    Similar Nearby for Lease

    • $875 /Mo
      875 SF

      Retail Spaces Near Downtown

      Retail spaces available near downtown and Backwoods Trail system.
      879 Park Ave, Hot Springs, AR 71901
      View Details
    • $7 SF/Yr
      4,912 SF

      Downtown Hot Springs Retail Space

      Retail space near downtown Hot Springs, close to amenities.
      630 Malvern Ave, Hot Springs National Park, AR 71901
      View Details
    • $1,800 /Mo
      1,550 SF

      Versatile Commercial Space For Lease

      1,550 sq ft commercial space in high-traffic area.
      2350 Malvern Ave, Hot Springs, AR 71901
      View Details
    • $7 SF/Yr
      13,758 SF

      Hot Springs Mixed-Use Office Space

      Prime Hot Springs location, multiple suites available.
      622 Malvern Ave, Hot Springs, AR 71901
      View Details
    • Contact for pricing
      24,156 SF

      Visible Corner Retail Space

      Retail space with high visibility near downtown historic district.
      350 Malvern Ave, Hot Springs National Park, AR 71901
      View Details
    • $16 SF/Yr
      7,828 SF

      Retail Space in Commercial Corridor

      Former Aaron’s space in a busy commercial area.
      3364 Central Ave, Hot Springs, AR 71901
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.1k
    • Avg Time on site
      18 min
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    141 Grand Ave
    Hot Springs, AR 71901-5435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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