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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Office buildings
307 Carpenter Dm Rd Ste H, Hot Springs National Park, AR 71901-8282
Individually Owned
19-yr Hold
Free & Clear
Property ID
US05-0227039
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
9,663 SF
Lot
0.33 ac (14,505 SF)
APN
400-08605-008-000C
UPID
US05-0227039
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
-
Dr. Eric D. Monte, MD Physician
-
Central Arkansas Pain Center Physician
-
Fleischner ,Van Bebber and Matone Dental Group Dental Office
-
Tipton Pediatric Dentistry Dental Office
-
Van Bebber W Nicholas DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.31M
Owner & transaction history
Donald L Boos · 19 yrs held
Donald L Boos
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+34.9%
Retail stores
$940,000
+7.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,520,000
7%
$1,415,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$875,000
Current use
COMMERCIAL (GENERAL)
$1,180,000
Change: +35% · Conversion: Easy
RETAIL STORES
$940,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
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
$10,462
Tax year 2024
Assessed value
$233,010
Assessed 2024
Previous assessed
$233,010
+0.0% YoY
Effective rate
4.49%
On assessed value
Assessed land
$41,910
Assessed improvement
$191,100
Land market value
$209,550
Improvement market value
$955,500
Total market value
$1,165,050
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,663 SF
Lot
0.33 ac (14,505 SF)
APN
400-08605-008-000C
UPID
US05-0227039
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$940,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Donald L Boos
Individual
Free & Clear · 19 yrs held
Mailing address
307 CARPENTER DM RD STE H, HOT SPRINGS, AR 71901-8282
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2018
—
Srml Properties LLC
—
Deed
related
—
Apr 27, 2017
—
Srml Properties LLC
—
Deed
related
—
Apr 20, 2012
—
Srml Properties LLC
—
Trustees Deed
related
$700,000 · Summit Bank
Nov 16, 2006
$129,000
Donald L Boos
Carpenter Park LLC
Warranty Deed
related
—
Nov 15, 2005
$110,000
Larry L Grinder
Carpenter Park LLC
Warranty Deed
—
Nov 3, 2005
—
Carpenter Park LLC
—
Trustees Deed
related
$400,000 · Summit Bank
—
—
Donald L Boos
—
Deed Of Trust
related
$698,474 · Summit Bank
—
—
Srml Properties LLC
—
Deed Of Trust
related
$10,336 · Summit Bank
—
—
Carpenter Park LLC
—
Loan Modification
related
—
—
—
Taylor Property Management LLC
—
Deed Of Trust
related
$725,000 · Central Bank & Trust
—
—
Srml Properties LLC
—
Loan Modification
related
$750,000 · Bank Of The Ozarks
—
—
Srml Properties LLC
—
Loan Modification
related
$750,000 · Summit Bank
—
—
Srml Properties LLC
—
Loan Modification
related
—
—
—
Srml Properties LLC
—
Loan Modification
related
—
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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