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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Automotive properties
1965 Grand Ave, Hot Springs National Park, AR 71901-4804
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US05-0341405
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1972
Total area
23,188 SF
Lot
5.29 ac (230,432 SF)
APN
300-05805-000C
UPID
US05-0341405
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
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Rvt Properties LLC · 2 yrs held
Rvt Properties LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+107.5%
Retail stores
$2.3M
+65.6%
Office building
$2.1M
+53.8%
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 National Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hot Springs National Park 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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,365,000
Current use
COMMERCIAL (GENERAL)
$2,830,000
Change: +107% · Conversion: Moderate
RETAIL STORES
$2,260,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$2,100,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Jan 2 2024)
Last sale anchor
$1.75M
Jan 2 2024
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
$75 / 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
$5,743
Tax year 2024
Assessed value
$110,010
Assessed 2024
Previous assessed
$110,010
+0.0% YoY
Effective rate
5.22%
On assessed value
Assessed land
$38,490
Assessed improvement
$71,520
Land market value
$192,450
Improvement market value
$357,600
Total market value
$550,050
Applied tax rate
211.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1972
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
23,188 SF
Lot
5.29 ac (230,432 SF)
APN
300-05805-000C
UPID
US05-0341405
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
AUTO REPAIR, GARAGE Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.29 ac
Current owner
From public records · entity-resolved
Rvt Properties LLC
Entity
Mailing address
1967 E PO BOX 1243RD AVE, NASH, TX 75569-1243
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
$1,750,000
Rvt Properties LLC
Williams Brothers Properties LLC
Special Warranty Deed
$1,260,000 · Cadence Bank NA
Jun 20, 2019
—
Timberline International INC
—
Deed
related
—
Aug 3, 2018
—
Timberline International INC
—
Deed
related
—
Apr 27, 2018
—
Timberline International INC
—
Deed
related
—
Jul 27, 2017
—
Timberline International INC
—
Trustees Deed
related
$300,000 · Bank Of The Ozarks
Apr 17, 2015
—
Timberline International INC
—
Trustees Deed
related
$300,000 · Bank Of The Ozarks
Mar 18, 2015
—
Williams Brothers Props LLC
Williams Don P SR
Quit Claim Deed
related
—
May 6, 2010
—
Timberline International INC
—
Trustees Deed
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$500,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Deed Of Trust
related
—
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Deed Of Trust
related
$125,000 · Bank Of The Ozarks
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Deed Of Trust
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Deed Of Trust
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$500,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$390,000 · Summit Bk
—
—
Timberline International INC
—
Loan Modification
related
$500,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
—
—
—
Timberline International INC
—
Loan Modification
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$390,000 · Summit Bank
—
—
Timberline International INC
—
Deed Of Trust
related
$110,000 · Summit Bank
—
—
Timberline International INC
—
Loan Modification
related
$500,000 · Summit 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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