Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1900 Malvern Ave Hot Springs National Park, AR 71901
    Back to Search
    Property profile & analytics

    1900 Malvern Ave Hot Springs National Park, AR 71901

    View on Map
    • Medical Office Space
    • 47,031 SF
    • 0.55 lot acres
    For Sale
    $1,495,000
    View Listing →
    Medical Clinic in Hot Springs For Sale
    $1,495,000
    6,650 SF

    Medical Clinic in Hot Springs

    Income-producing medical office in Hot Springs' medical corridor.

    1900 Malvern Ave, Hot Springs National Park, AR 71901
    View Listing
    Property ID
    US05-0067225
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Heart & Vascular Institute At NPM / Medical Clinic
    • Hot Springs Vein and Medical Aesthetics Clinic / Medical Clinic
    • Suchita Varhade, DO / Physician
    • Keith Thomae, MD, FACS / Physician
    • Phoebe Griffin, MD / Physician

    Property Details for 1900 Malvern Ave

    Year built
    1985
    Lot size
    0.55 lot acres
    Property size
    47,031 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    400-49250-012-000C
    APU
    40049250012000C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.034
    Latitude
    34.4867
    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
    $5,226
    $2,420
    $113,210
    $115,630
    -
    $12,100
    $566,050
    $578,150

    Comparable in this City

    • Value Estimation
      $760,000
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation
      $780,000
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation by Request
      6,429 SF

      104 Hollywood Ave

      MEDICAL BUILDING • 6,429 SF
      104 Hollywood Ave, Hot Springs, AR 71901-7057
      View Details
    • Value Estimation
      $760,000
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation by Request
      6,503 SF

      1920 Malvern Ave

      MEDICAL BUILDING • 6,503 SF
      1920 Malvern Ave, Hot Springs National Park, AR 71901-7752
      View Details
    • Value Estimation by Request
      2,244 SF

      105 Ridgeway St

      MEDICAL BUILDING • 2,244 SF
      105 Ridgeway St, Hot Springs, AR 71901-7102
      View Details

    Similar Nearby for Sale

    • $1,495,000

      Medical Clinic in Hot Springs

      Income-producing medical office in Hot Springs' medical corridor.
      1900 Malvern Ave, Hot Springs National Park, AR 71901
      View Details
    • $249,900
      1,432 SF

      Central Avenue Building and Land

      Office, medical, or retail building with high traffic exposure.
      1419 Central Ave, Hot Springs, AR 71901
      View Details
    • $213,000
      2.47 Acres

      Commercial Lot on Busy Highway

      2.47-acre commercial lot primed for development in Hot Springs.
      2600 Block Park Ave Hwy, Hot Springs, AR 71901
      View Details
    • Contact for pricing

      Commercial Land on Busy Highway

      City acreage primed for commercial development with high visibility.
      2600 Block Park Ave, Hot Springs, AR 71901
      View Details
    • $275,000
      2,785 SF

      Hot Springs Commercial Location

      Retail or office space in a high-visibility location.
      815 Grand Ave, Hot Springs, AR 71901
      View Details
    • Contact for pricing

      Event Venue on Park Avenue

      Event venue suitable for retail, office, service, or redevelopment.
      8451 Park Ave, Fountain Lake, AR 71901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,898 SF

      Medical Office Space for Rent

      Medical office space available in Doctor’s Medical Park.
      130 Medical Park Pl, Hot Springs, AR 71901
      View Details
    • Contact for pricing

      Mixed-Use Space in Hot Springs

      Mixed-use space for sale or lease near city transit.
      622 Malvern Ave, Hot Springs, AR 71901
      View Details
    • $2,700 /Mo
      2,390 SF

      Hot Springs Professional Center Lease

      Professional center with utilities included in Hot Springs, AR.
      1820 Central Ave, Hot Springs, AR 71901
      View Details
    • $1,200 /Mo
      1,350 SF

      Retail/Office Space in Hot Springs

      High-traffic location suitable for retail or office use.
      913 Malvern Ave, Hot Springs, AR 71901
      View Details
    • Contact for pricing
      2,560 SF

      Professional Office Space Available

      2,560 SF office space near downtown and courthouse.
      523 Orange St, Hot Springs, AR 71901
      View Details
    • Contact for pricing
      950 SF

      Office Space on Malvern Avenue

      Office space for rent with utilities and janitorial included.
      1401 Malvern Ave, Hot Springs National Park, AR 71901
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1900 Malvern Ave
    Hot Springs National Park, AR 71901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1900 Malvern Ave, Hot Springs National Park, AR, 71901
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!