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    Property profile & analytics

    236 Central Ave, Unit 16 Hot Springs, AR 71901-3531

    • Office buildings
    • 47,363 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-0374769
    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

    • Office buildings

    Property Details for 236 Central Ave

    Year built
    1929
    Lot size
    0.23 lot acres
    Property size
    47,363 SF
    Property type
    Office buildings
    APN
    400-44350-018-000C
    APU
    40044350018000C

    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
    -93.0542
    Latitude
    34.5171
    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
    $201
    $790
    $3,660
    $4,450
    -
    $3,950
    $18,300
    $22,250

    Comparable in this City

    • Value Estimation by Request
      1,431 SF

      213 Hazel St

      OFFICE BUILDING • 1,431 SF
      213 Hazel St, Hot Springs, AR 71901-5132
      View Details
    • Value Estimation by Request
      440 SF

      108 Woodbine St

      OFFICE BUILDING • 440 SF
      108 Woodbine St, Hot Springs, AR 71901-5123
      View Details
    • Value Estimation by Request
      1,500 SF

      133 Arbor St, Unit B

      OFFICE BUILDING • 1,500 SF
      133 Arbor St, Hot Springs, AR 71901-3535
      View Details
    • Value Estimation
      $365,000
      9,663 SF

      307 Carpenter Dm Rd Ste H

      OFFICE BUILDING • 9,663 SF
      307 Carpenter Dm Rd Ste H, Hot Springs National Park, AR 71901-8282
      View Details
    • Value Estimation
      $795,000
      11,724 SF

      923 Central Ave

      OFFICE BUILDING • 11,724 SF
      923 Central Ave, Hot Springs, AR 71901-5336
      View Details
    • Value Estimation
      $400,000
      4,590 SF

      1231 Central Ave

      OFFICE BUILDING • 4,590 SF
      1231 Central Ave, Hot Springs, AR 71901-6037
      View Details

    Similar Nearby for Sale

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      Two office buildings with land for sale in Hot Springs.
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    • $2,874,178
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      Two Office Buildings For Sale

      Two office buildings in central Hot Springs with long-term tenants.
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    • $1,900,000
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      Downtown Hot Springs Mixed-Use Building

      22,000+ sqft mixed-use building in the heart of Hot Springs.
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    • Contact for pricing
      2,158 SF

      Art Deco Garage on Park

      2,158 SF Art Deco garage in a prime location.
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    Similar Nearby for Lease

    • $15 SF/Yr
      70,310 SF

      Hot Springs Office Space

      Prime Downtown Office Suites Available
      835 Central Ave, Hot Springs, AR 71901
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    • $16 SF/Yr
      10,898 SF

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      Medical office space available in Doctor’s Medical Park.
      130 Medical Park Pl, Hot Springs, AR 71901
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    • $9 SF/Yr
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      Downtown Hot Springs Office Space

      Office space for lease near downtown Hot Springs.
      628 Malvern Ave, Hot Springs, AR 71901
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    • $15 SF/Yr
      950 SF

      Office Space on Malvern Avenue

      Office space for rent with utilities and janitorial included.
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    • $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
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    • $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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    236 Central Ave, Unit 16
    Hot Springs, AR 71901-3531
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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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