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Property profile & analytics
OFF-MARKET
Drive through restaurants
4311 Park Ave Hot Springs National Park, AR 71901-9475
Individually Owned
6-yr Hold
Free & Clear
Property ID
US05-2390911
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,898 SF
Lot
1.18 ac (51,444 SF)
APN
200-17950-002-000
UPID
US05-2390911
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
-
Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arkansas St Highway Comn · 6 yrs held
Arkansas St Highway Comn
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,124
Tax year 2024
Assessed value
$107,390
Assessed 2024
Previous assessed
$107,390
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$9,580
Assessed improvement
$97,810
Land market value
$47,900
Improvement market value
$489,050
Total market value
$536,950
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,898 SF
Lot
1.18 ac (51,444 SF)
APN
200-17950-002-000
UPID
US05-2390911
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
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Arkansas St Highway Comn
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 5037, GRANBURY, TX 76049-0037
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2020
$20,200
Arkansas St Highway Comn
Davis Hull & Rowden LLC
Warranty Deed
—
May 5, 2020
—
Davis Hull & Rowden LLC
—
Deed
related
—
Apr 6, 2018
—
Davis Hull & Rowden LLC
—
Deed
related
—
Mar 28, 2017
—
Davis Hull Rowden LLC
—
Deed
related
—
Aug 29, 2006
—
Davis Hull & Rowden LLC
—
Trustees Deed
related
$375,000 · Malvern National Bank
Jun 7, 2006
—
Davis Hull & Rowden LLC
—
Trustees Deed
related
$800,000 · Malvern National Bank
Feb 1, 2006
$119,000
Davis Hull & Rowden LLC
Mckuin,gary & Cynthia
Warranty Deed
$106,250 · Malvern National Bank
Jul 17, 1998
$78,000
Gary Mckuin
Owner Name Unavailable
Warranty Deed
related
—
—
—
Davis Hull & Rowden LLC
—
Deed Of Trust
related
$4,600,000 · Liberty Bank Arkansas
—
—
Davis Hull & Rowden LLC
—
Loan Modification
related
—
—
—
Davis Hull & Rowden LLC
—
Loan Modification
related
$242,818 · Malvern National Bank
—
—
Davis Hull & Rowden LLC
—
Loan Modification
related
$800,000 · Malvern National Bank
—
—
Davis Hull & Rowden LLC
—
Loan Modification
related
—
—
—
Davis Hull Rowden LLC
—
Loan Modification
related
—
—
—
Davis Hull & Rowden 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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