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    Property profile & analytics

    1900 Malvern Ave Hot Springs National Park, AR 71901

    • Medical offices
    • 47,031 SF
    • 0.55 lot acres
    For Sale
    View listing
    $1,495,000
    Value Estimation
    Last Sale
    Jul 01, 2024
    $500,000
    Location Intelligence
    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.

    Current Use by Public Records

    • Heart & Vascular Institute At NPM / Medical Clinic
    • Hot Springs Vein and Medical Aesthetics Clinic / Medical Clinic
    • Suchita Varhade, DO / Obstetrician-Gynecologist / Women'S Health Clinic
    • Keith Thomae, MD, FACS / Surgeon
    • Phoebe Griffin, MD / Obstetrician-Gynecologist / Doctor

    Property Details for 1900 Malvern Ave

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

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $490,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $525,000
      Mixed-Use
      $400,000
      Hospitality
      $455,000
      Educational
      $430,000
      Residential Income
      $500,000
      Energy
      $460,000
      Income-Based Land
      $480,000
      Food Service
      $525,000

    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 by Request
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation
      $500,000
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation
      $230,000
      5,980 SF

      1723 Malvern Ave

      MEDICAL BUILDING • 5,980 SF
      1723 Malvern Ave, Hot Springs, AR 71901-7133
      View Details
    • Value Estimation by Request
      47,031 SF

      1900 Malvern Ave

      MEDICAL BUILDING • 47,031 SF
      1900 Malvern Ave, Hot Springs, AR 71901-7759
      View Details
    • Value Estimation
      $235,000
      4,336 SF

      307 Carpenter Dm Rd N N Ste

      MEDICAL BUILDING • 4,336 SF
      307 Carpenter Dm Rd N N Ste, Hot Springs National Park, AR 71901-8282
      View Details
    • Value Estimation
      $320,000
      10,686 SF

      177 Sawtooth Oak St

      MEDICAL BUILDING • 10,686 SF
      177 Sawtooth Oak St, Hot Springs, AR 71901-7160
      View Details

    Similar Nearby 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 Details
    • New
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      Move-in ready commercial building in high-traffic Hot Springs location.
      207 Golf Links Rd, Hot Springs, AR 71901
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    • Contact for pricing
      5,400 SF

      Hot Springs Office Space Available

      Multi-tenant commercial building with flexible office or service-oriented space.
      100 Ridgeway St, Hot Springs, AR 71901
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    • $1,000,000
      3,974 SF

      Updated Commercial Buildings in Hot Springs

      Two updated commercial buildings in a high-traffic, central location.
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      Art Deco Garage on Park

      2,158 sq ft Art Deco garage in prime location.
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    Similar Nearby for Lease

    • $16 SF/Yr
      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
    • $15 SF/Yr
      70,310 SF

      Hot Springs Office Space

      Prime Downtown Office Suites Available
      835 Central Ave, Hot Springs, AR 71901
      View Details
    • $9 SF/Yr
      1,600 SF

      Downtown Hot Springs Office Space

      Office space for lease near downtown Hot Springs.
      628 Malvern Ave, Hot Springs, AR 71901
      View Details
    • $15 SF/Yr
      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
    • $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
    • $12 SF/Yr
      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
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    Hot Springs National Park, AR 71901
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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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