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Property profile & analytics
OFF-MARKET
Warehouses
205 Rock Crk Rd Hot Springs National Park, AR 71913-9234
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-2242972
Property summary
AI-generated overview
This exceptional Hot Springs, Arkansas industrial property comprises two single-story warehouse buildings totaling 14,158 square feet, situated on a 1.38-acre lot. Each building offers 7,079 square feet of climate-controlled space, individually leasable at $7,500 per month, or $13,000 per month for both. Built in 1995, these structures boast a shared gated entry with fenced yards, ample paved parking, and convenient drive-in access (one drive-in total). Utilities include 3-phase power and natural gas. One building (203 Rock Creek Rd) includes added value with existing industrial equipment: buffers, an air compressor, and a blast room. The property is zoned C-1 and features overhead doors. The buildings are currently vacant and available for lease. A minimum three-year lease term is required. This property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space in a secure location. The APN is 100-14167-000C, located at 205 Rock Creek Rd, Hot Springs, AR 71913.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
7,010 SF
Lot
1.38 ac (60,113 SF)
APN
100-14167-000C
UPID
US05-2242972
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
Current use
Occupant on record · Public records
-
Dent Spot Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John Furnas · 5 yrs held
John Furnas
since 2021
Last sale
$542,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,934
Tax year 2024
Assessed value
$44,160
Assessed 2024
Previous assessed
$44,160
+0.0% YoY
Effective rate
4.38%
On assessed value
Assessed land
$8,970
Assessed improvement
$35,190
Land market value
$44,850
Improvement market value
$175,950
Total market value
$220,800
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,010 SF
Lot
1.38 ac (60,113 SF)
APN
100-14167-000C
UPID
US05-2242972
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
Building & site characteristics
From public records
Year built
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
John Furnas
Individual
Free & Clear · 5 yrs held
Mailing address
147 CARTER DAIRY RD, HOT SPRINGS, AR 71913-6709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2021
—
John Furnas
John Barry Furnas
Correction Deed
related
—
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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