Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    201 Grand Ave Hot Springs, AR 71901-4133

    • Grocery and convenience stores
    • 1,356 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Jul 10, 2023
    $590,000
    Location Intelligence
    Property ID
    US05-0046849
    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

    • Vp Racing Fuels / Gas Station

    Property Details for 201 Grand Ave

    Year built
    1970
    Lot size
    0.37 lot acres
    Property size
    1,356 SF
    Property type
    Grocery and convenience stores
    APN
    400-07700-002-000
    APU
    40007700002000

    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
    -93.0477
    Latitude
    34.5043
    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
    $2,453
    $23,430
    $30,840
    $54,270
    -
    $117,150
    $154,200
    $271,350

    Comparable in this City

    • Value Estimation
      $2,000,000
      3,980 SF

      4198 Malvern Rd

      CONVENIENCE STORE • 3,980 SF
      4198 Malvern Rd, Hot Springs National Park, AR 71901-8851
      View Details
    • Value Estimation
      $415,000
      2,480 SF

      760 Park Ave

      CONVENIENCE STORE • 2,480 SF
      760 Park Ave, Hot Springs, AR 71901-3040
      View Details
    • Value Estimation
      $455,000
      1,998 SF

      1201 Central Ave

      CONVENIENCE STORE • 1,998 SF
      1201 Central Ave, Hot Springs, AR 71901-6032
      View Details
    • Value Estimation
      $420,000
      4,469 SF

      640 Grand Ave

      CONVENIENCE STORE • 4,469 SF
      640 Grand Ave, Hot Springs, AR 71901-4448
      View Details
    • Value Estimation by Request
      12,687 SF

      8338 Park Ave

      Individual retail properties • 12,687 SF
      8338 Park Ave, Fountain Lake, AR 71901
      View Details
    • Value Estimation
      $690,000
      2,030 SF

      1600 Malvern Ave

      CONVENIENCE STORE • 2,030 SF
      1600 Malvern Ave, Hot Springs, AR 71901-7138
      View Details

    Similar Nearby for Sale

    • $2,200,000
      4,060 SF

      High-Volume Shell C-Store For Sale

      Turnkey Shell C-Store in Hot Springs, AR with drive-thru.
      2518 Park Ave, Hot Springs, AR 71901
      View Details
    • $1,900,000
      22,083 SF

      Downtown Hot Springs Mixed-Use Building

      22,000+ sqft mixed-use building in the heart of Hot Springs.
      1010 Central Ave, Hot Springs, AR 71901
      View Details
    • Contact for pricing
      2,158 SF

      Art Deco Garage on Park

      2,158 SF Art Deco garage in a prime location.
      340 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
    • $749,900
      2,070 SF

      Historic Downtown Commercial Building For Sale

      Iconic 1920 building in Historic Downtown Hot Springs.
      802 Central Ave, Hot Springs, 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

    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
    • $4,975 /Mo
      4,704 SF

      Retail Space in Hot Springs

      Retail space in growing area near downtown and convention center.
      249 Ouachita Ave, Hot Springs, 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
    • 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
    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.
    201 Grand Ave
    Hot Springs, AR 71901-4133
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.