295 Section Line Rd Hot Springs, AR 71913-6433
Property profile & analytics
295 Section Line Rd Hot Springs, AR 71913-6433
- Medical Office Space
- 5,532 SF
- 0.56 lot acres
Property ID
US05-2217696
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.
Location Intelligence
Current Use by Public Records
- Ascension Wellness Clinic | Medical Marijuana Certifications / Medical Certificate Service
- Petra Allied Health, Inc. / Medical School
- 9th Cloud Wellness / Gym & Fitness Center / Alternative Medicine Practice
- Hot Springs Spine and Rehab / Alternative Medicine Practice
- Mark Burfeind Realtor® | Evermark Realty Group Inc. / Real Estate Agency
Property Details for 295 Section Line Rd
- Year built
- 1950
- Lot size
- 0.56 lot acres
- Property size
- 5,532 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 400-00250-002-000
- APU
- 40000250002000
Description
This two-story, 5,532 square foot Class C medical office building in Hot Springs, Arkansas, is offered at $699,000 ($126.36/sq ft). Built in 2000, the multi-tenant property sits on a 0.56-acre lot with 100 feet of frontage on Section Line Road, enjoying high visibility with an estimated 6,500 vehicles passing daily. Currently at 25% occupancy, this presents a strong investment opportunity for medical professionals or investors. Its strategic location near the intersection of US Highway 70 and Higdon Ferry Road, and in close proximity to CHI St. Vincent Hospital and numerous national retailers and restaurants, ensures excellent access and high traffic. The building offers a unique chance to establish or expand a medical practice within a thriving commercial area of Hot Springs, benefiting from its rich history and dynamic business environment. The property consists of one building.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $890,000
- 6.5%
- $820,000
- 7%
- $765,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $670,000
- OFFICE BUILDING
- $565,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0688
- Latitude
- 34.465
- 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
$246
$1,730
$3,710
$5,440
-
$8,650
$18,550
$27,200
