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    Property profile & analytics

    3404 Central Ave Hot Springs, AR 71913-6277

    • Motels
    • 50,418 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    $935,000
    Location Intelligence
    Property ID
    US05-0399225
    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

    • Candlewood Suites, an IHG Hotel / Hotel / Extended Stay Hotel

    Property Details for 3404 Central Ave

    Year built
    2009
    Lot size
    1.98 lot acres
    Property size
    50,418 SF
    Property type
    Motels
    APN
    400-71550-001-000C
    APU
    40071550001000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,205,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,160,000
      Geo Method
      $1,305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,230,000
      Retail
      $1,165,000
      Mixed-Use
      $1,175,000
      Hospitality
      $1,290,000
      Educational
      $1,235,000
      Residential Income
      $1,310,000
      Energy
      $1,320,000
      Income-Based Land
      $1,340,000
      Food Service
      $1,380,000

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0607
    Latitude
    34.4722
    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
    $43,534
    $130,920
    $832,220
    $963,140
    -
    $654,600
    $4,161,100
    $4,815,700

    Comparable in this City

    • Value Estimation by Request
      6,960 SF

      320 Long Is Drb6

      MOTEL • 6,960 SF
      320 Long Is Drb6, Hot Springs, AR 71913-9636
      View Details
    • Value Estimation by Request
      6,960 SF

      320 Long Is Drb8

      MOTEL • 6,960 SF
      320 Long Is Drb8, Hot Springs, AR 71913-9636
      View Details
    • Value Estimation by Request
      6,960 SF

      320 Long Is Drb2

      MOTEL • 6,960 SF
      320 Long Is Drb2, Hot Springs, AR 71913-9636
      View Details
    • Value Estimation
      $895,000
      23,097 SF

      4726 Central Ave

      MOTEL • 23,097 SF
      4726 Central Ave, Hot Springs, AR 71913-7406
      View Details
    • Value Estimation
      $375,000
      5,260 SF

      4708 Central Ave

      MOTEL • 5,260 SF
      4708 Central Ave, Hot Springs, AR 71913-7406
      View Details
    • Value Estimation
      $725,000
      13,650 SF

      106 Lookout Pt

      MOTEL • 13,650 SF
      106 Lookout Pt, Hot Springs National Park, AR 71913-9782
      View Details

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      Fully furnished condo with leased boat slip and proven rental history.
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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center near national park.
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      5,550 SF office suite near CHI St. Vincent Hospital.
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      Medical office near hospital with private parking and storage.
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    • $25 SF/Yr
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      Retail Space Near Major Anchors

      Retail space with high traffic and easy access.
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      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      748
    • Avg Time on site
      399 min
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    3404 Central Ave
    Hot Springs, AR 71913-6277
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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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