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Property profile & analytics
OFF-MARKET
Estimated value
$19,330,000
Hotels
400 Convention Blvd, Hot Springs, AR 71901-4203
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-2203708
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Total area
350,000 SF
Lot
2.26 ac (98,663 SF)
APN
400-33350-001-000
UPID
US05-2203708
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
-
Embassy Suites by Hilton Hot Springs Hotel & Spa Hotel & Motel
-
Spa Botanica Spa & Massage Center
-
Bistro 400 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.10M
Comparable Approach
Comparable
$16.56M
Blend (final)
Blend
$19.33M
Owner & transaction history
Jdhq Hotels LLC · 1 yrs held
Jdhq Hotels LLC
since 2024
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$27.6M
+119.3%
Office building
$27.5M
+118.4%
Auto repair, garage
$26.8M
+113.0%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hot Springs 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%
$23,940,000
6.5%
$22,100,000
7%
$20,520,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,575,000
Current use
RESTAURANT
$27,585,000
Change: +119% · Conversion: Difficult
OFFICE BUILDING
$27,465,000
Change: +118% · Conversion: Difficult
AUTO REPAIR, GARAGE
$26,785,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$23,015,000
Change: +83% · Conversion: Difficult
WAREHOUSE, STORAGE
$15,440,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$13,505,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$19.33M
Range $17.40M – $21.26M · ±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
$55 / 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
$235,040
Tax year 2024
Assessed value
$5,200,000
Assessed 2024
Previous assessed
$5,200,000
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$84,940
Assessed improvement
$5,115,060
Land market value
$424,700
Improvement market value
$25,575,300
Total market value
$26,000,000
Applied tax rate
61.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Heating
YES
Cooling
YES
Stories
9
Units
246
Total area
350,000 SF
Lot
2.26 ac (98,663 SF)
APN
400-33350-001-000
UPID
US05-2203708
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
HOTEL/MOTEL Current
Est. value
$12.6M
RESTAURANT
Est. value
$27.6M
OFFICE BUILDING
Est. value
$27.5M
AUTO REPAIR, GARAGE
Est. value
$26.8M
RETAIL STORES
Est. value
$23.0M
WAREHOUSE, STORAGE
Est. value
$15.4M
MEDICAL BUILDING
Est. value
$13.5M
HOTEL/MOTEL Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
2003
Heating
YES
Cooling
Yes
Stories
9
Units
246
Lot
2.26 ac
Current owner
From public records · entity-resolved
Jdhq Hotels LLC
Entity
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
—
Jdhq Hotels LLC
—
Deed
related
$985,000,000 · Wells Fargo Bank NA
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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