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Property profile & analytics
OFF-MARKET
Strip malls
2212 Malvern Ave, Hot Springs National Park, AR 71901-8038
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0067741
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Total area
14,688 SF
Lot
1.61 ac (70,219 SF)
APN
300-07476-000C
UPID
US05-0067741
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
-
Samuel Vallery Physician
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Callie Baker Physician
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The Golden Glow Aesthetics Spa & Massage Center Skin Care Clinic
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Gary V. Smith CPA. PA Accounting Firm Tax Preparation
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Go Figure Tax Preparation Accounting Firm Tax Preparation
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
Chokmah LLC · 1 yrs held
Chokmah LLC
since 2024
7 recorded transactions
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
$11,834
Tax year 2024
Assessed value
$263,560
Assessed 2024
Previous assessed
$263,560
+0.0% YoY
Effective rate
4.49%
On assessed value
Assessed land
$69,180
Assessed improvement
$194,380
Land market value
$345,900
Improvement market value
$971,900
Total market value
$1,317,800
Applied tax rate
91.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
10
Total area
14,688 SF
Lot
1.61 ac (70,219 SF)
APN
300-07476-000C
UPID
US05-0067741
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
1994
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
10
Lot
1.61 ac
Current owner
From public records · entity-resolved
Chokmah LLC
Entity
Mailing address
2225 IRONDALE DR, BENTON, AR 72019-9621
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Chokmah LLC
—
Deed
related
$1,380,000 · First Security Bank
Oct 17, 2024
$1,875,000
Chokmah LLC
Arcade Square LLC
Warranty Deed
$1,425,000 · Relyance Bank
Aug 27, 2020
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Arcade Square LLC
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Deed
related
—
Sep 26, 2019
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Arcade Square LLC
—
Deed
related
—
Aug 30, 2018
—
Arcade Square LLC
—
Deed
related
—
Aug 30, 2017
—
Arcade Square LLC
—
Deed
related
$100,000 · Southern Bancorp Bank
Jul 26, 2017
—
Arcade Square LLC
—
Deed
related
—
Apr 25, 2017
—
Arcade Square LLC
—
Deed
related
—
Mar 20, 2014
$257,000
Arcade Square LLC
Nance,joe & Katherine
Grant Deed
$360,000 · Simmons First Bk/hot Spgs
Mar 20, 2014
$1,028,000
Arcade Square LLC
Eastgate Plaza LLC
Special Warranty Deed
$360,000 · Simmons First Bank Of Hot Springs
May 29, 2003
$1,032,000
Plaza LLC|nance Joe Eastgate
Owner Name Unavailable
Warranty Deed
related
—
Dec 31, 2002
—
Giles
Owner Name Unavailable
Warranty Deed
related
—
Apr 6, 1999
—
Southwest Properties Trust
Owner Name Unavailable
Grant Deed
related
—
May 13, 1997
$650,000
Joann Smith
Owner Name Unavailable
Warranty Deed
related
—
—
—
Arcade Square LLC
—
Loan Modification
related
—
—
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Arcade Square LLC
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Loan Modification
related
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—
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Arcade Square LLC
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Loan Modification
related
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Arcade Square LLC
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Loan Modification
related
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—
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Arcade Square LLC
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Loan Modification
related
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—
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Eastgate Plaza LLC
—
Deed Of Trust
related
$4,795 · Summit Bank
—
—
Eastgate Plaza LLC
—
Loan Modification
related
—
—
—
Arcade Square LLC
—
Loan Modification
related
—
—
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Arcade Square LLC
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Loan Modification
related
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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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