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    Property profile & analytics

    307 Carpenter Dm Rd E E Ste Hot Springs National Park, AR 71901-8282

    • Office buildings
    • 3,408 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $630,000
    Last Sale
    Aug 24, 2023
    $779,000
    Location Intelligence
    Property ID
    US05-0415142
    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

    • Dr. Eric D. Monte, MD / Hearing Aid Repair Service / Hearing Aid Store
    • Central Arkansas Pain Center / Pain Management Physician
    • Fleischner ,Van Bebber and Matone Dental Group / Emergency Dental Service / Dental Clinic
    • Tipton Pediatric Dentistry / Pediatric Dentist
    • Van Bebber W Nicholas DDS / Dentist

    Property Details for 307 Carpenter Dm Rd E E Ste

    Year built
    2007
    Lot size
    0.19 lot acres
    Property size
    3,408 SF
    Property type
    Office buildings
    APN
    400-08605-005-000C
    APU
    40008605005000C

    Description

    This exceptional 0.19-acre commercial land parcel is situated within the prestigious Carpenter Professional Office Park in Hot Springs, Arkansas. Conveniently located off the MLK Expressway, this O-1 zoned lot offers a prime opportunity for office, medical, or service-related commercial development. The property boasts tranquil green space views and benefits from ample shared parking within the established office park. Its proximity to major retail centers on Central Avenue and Higdon Ferry Road (less than four miles away) provides excellent accessibility for both businesses and clients. The lot is ideally suited for build-to-suit projects, with provisions allowing for two-story buildings to maximize usable square footage. High visibility from Carpenter Dam Road ensures excellent signage opportunities. The asking price is $149,000. This build-ready site presents a compelling investment opportunity in a thriving, modern campus setting. The property's APN is 400-08610-005-000C and the address is 307 Carpenter Dam Road, Hot Springs, AR 71901.

    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 National Park
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0196
    Latitude
    34.4681
    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
    $5,084
    $23,340
    $89,900
    $113,240
    -
    $116,700
    $449,500
    $566,200

    Comparable in this City

    • Value Estimation by Request
      47,363 SF

      236 Central Ave, Unit 16

      OFFICE BUILDING • 47,363 SF
      236 Central Ave, Hot Springs, AR 71901-3531
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      1,431 SF

      213 Hazel St

      OFFICE BUILDING • 1,431 SF
      213 Hazel St, Hot Springs, AR 71901-5132
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    • Value Estimation by Request
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      133 Arbor St, Unit B

      OFFICE BUILDING • 1,500 SF
      133 Arbor St, Hot Springs, AR 71901-3535
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    • Value Estimation by Request
      440 SF

      108 Woodbine St

      OFFICE BUILDING • 440 SF
      108 Woodbine St, Hot Springs, AR 71901-5123
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    • Value Estimation
      $400,000
      3,702 SF

      4836 Park Aveb

      OFFICE BUILDING • 3,702 SF
      4836 Park Aveb, Hot Springs, AR 71901-9477
      View Details
    • Value Estimation
      $495,000
      1,971 SF

      2815 Malvern Ave

      OFFICE BUILDING • 1,971 SF
      2815 Malvern Ave, Hot Springs National Park, AR 71901-8360
      View Details

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    Hot Springs National Park, AR 71901-8282
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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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