Property profile

246 Ouachita Ave Hot Springs, AR 71901

OFF-MARKET
Retail space
Property ID
US05-0338537
11,586 SF 0.19 ac lot Built 1930
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 11,586 SF
Lot 0.19 ac (8,407 SF)
APN 400-26250-005-000
UPID US05-0338537

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Travel Agency Vacation Rental
  • Clothing Store
  • Apartment Complex
  • Specialty Food Shop Candy Store

Location

246 Ouachita Ave Hot Springs, AR 71901-5292
Hot Springs metro Census 11500 HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.41M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$235k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2020
Price N/A
2020
$737,500
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.4M +25.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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