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Property profile

1700 Central Ave Hot Springs, AR 71901

FOR SALE
Retail space
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Property ID
US05-2081277
4,487 SF 0.34 ac Built 1933
Last sale Aug 2022·$380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
1700 Central Ave, Hot Springs, AR 71901 For Sale 1 / 37
$595,000 4,487 SF
1700 Central Ave, Hot Springs, AR 71901
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Property summary

AI-generated overview

This exceptional 4,487-square-foot mixed-use building, situated on a 0.34-acre lot at 1700 Central Avenue in Hot Springs, Arkansas, presents a unique investment opportunity. Built in 1933, this single-story, freestanding storefront boasts a captivating blend of classic charm and modern functionality. The property features an open floor plan ideal for versatile commercial use, complemented by several private offices, enhancing privacy and productivity. Original hardwood floors and stunning…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$49k
Assessed land$23k
Assessed improvement$26k
Effective rate4.52%

Value estimate

· Nov 2026
$360k
$324k – $396k
AI approach$335k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$7k
Operating expenses−$14k
NOI · 7.24% cap applied$43k

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?
7.24%
$43k 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 Facility12.1
Storage Facility10.6
Locksmith9.2

Location

1700 Central Ave Hot Springs, AR 71901
County assessor Recorded deeds · 1 transfer 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
200 Park, Hot Springs, AR 71901-3511 $580,000 Jul 2025 3,712 SF
726 Central, Hot Springs, AR 71901-5333 $726,000 Jul 2024 4,100 SF
706 Central, Hot Springs, AR 71901-5333 $605,000 Apr 2024 4,500 SF
4198 Malvern, Hot Springs National Park, AR 71901-8851 $2,500,000 Feb 2023 3,980 SF
324 Grand, Hot Springs, AR 71901-4440 $325,000 Feb 2023 5,500 SF
400 Ouachita, Hot Springs, AR 71901-5129 $625,000 Jul 2022 4,270 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

Comparable nearby

  • Value Estimation
    $795,000
    4,469 SF
    640 Grand Ave
    CONVENIENCE STORE
    640 Grand Ave, Hot Springs, AR 71901-4448
    View Details
  • Value Estimation
    $190,000
    5,125 SF
    920 Malvern Ave
    RETAIL STORES (PERSONAL SERVICES)
    920 Malvern Ave, Hot Springs, AR 71901-6228
    View Details
  • Value Estimation
    $1,770,000
    5,764 SF
    2975 Malvern Ave
    CONVENIENCE STORE
    2975 Malvern Ave, Hot Springs National Park, AR 71901-8313
    View Details
  • Value Estimation
    $200,000
    3,480 SF
    1617 Malvern Ave
    FINANCIAL BUILDING
    1617 Malvern Ave, Hot Springs, AR 71901-7139
    View Details
  • Value Estimation
    $165,000
    3,480 SF
    998 Grand Ave
    LIQUOR STORE
    998 Grand Ave, Hot Springs, AR 71901-3633
    View Details
  • Value Estimation
    $425,000
    6,040 SF
    804 Central Ave, Unit 2
    RETAIL STORES (PERSONAL SERVICES)
    804 Central Ave, Hot Springs, AR 71901-5309
    View Details

Similar Nearby for Sale

  • Contact for pricing
    4,704 SF
    Retail Storefront Near Downtown
    Modern retail space positioned among shops, restaurants, wine bars, nightlife, and other established commercial activity.
    249 Ouachita Ave, Hot Springs, AR 71901
    View Details
  • Contact for pricing
    1,427 SF
    Vacant Shell Retail Space
    Newly built retail space at a prominent intersection, offering a flexible shell for future interior build-out.
    155 Carpenter Dam Rd, Hot Springs, AR 71901
    View Details
  • New
    Contact for pricing
    1,380 SF
    Retail Space with Signage
    The suite accommodates retail, office, and service-oriented business operations.
    913 Malvern Ave, Hot Springs, AR 71901
    View Details
  • $274,000
    1,219 SF
    Fenced Storefront Property
    Recently refreshed commercial space offers enclosed on-site parking and additional parking across the street.
    Hot Springs, AR 71901
    View Details
  • Contact for pricing
    33,325 SF
    Retail Suite at Freeman Center
    The available space is within a retail center with on-site parking for tenants and visitors.
    2002-2038 Central Avenue, Hot Springs, AR 71901
    View Details
  • New
    Contact for pricing
    35,898 SF
    Mixed-Use Retail and Office Building
    Multi-tenant building offering retail and office space with handicap accessibility and a large parking lot.
    622-640 Malvern Ave, Hot Springs, AR 71901
    View Details

Similar Nearby for Lease

  • $2,000/Mo
    1,881 sqft
    Two-Suite Storefront
    Separate utilities and climate control serve each suite, while Suite A has restaurant plumbing and wiring.
    600 Park Avenue, Suites A&B, Hot Springs, AR 71901
    View Details
  • $2,717/Mo
    1,427 sqft
    Retail Storefront with Shell Space
    Vacant commercial space with concrete flooring, public restrooms, and flexible build-out potential.
    155 Carpenter Dam Road, Hot Springs, AR 71901
    View Details
  • $1,200/Mo
    1,380 sqft
    Retail Space with Monument Signage
    Retail suite offering facade and monument sign opportunities along a heavily traveled commercial corridor.
    913 Malvern Avenue, Hot Springs, AR 71901
    View Details
  • $800/Mo
    299 sqft
    CBD Storefront
    A compact commercial space in the Central Business District offers a flexible storefront setting.
    516 Park Avenue, Hot Springs, AR 71901
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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