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Property profile & analytics
OFF-MARKET
Estimated value
$8,695,000
Strip malls
4328 Central Ave 4334, Hot Springs, AR 71913-7436
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0072725
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
68,470 SF
Lot
11.54 ac (502,682 SF)
APN
300-08050-000C
UPID
US05-0072725
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
-
Coldwell Banker RPM Group Real Estate Agency
-
Coldwell Banker Commercial RPM Real Estate Agency
-
CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
-
Rachel Huddleston Physician
-
Kassi Talbot Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.14M
CAP Approach
CAP
$11.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.70M
Owner & transaction history
Temperance Hill Square LLC · 4 yrs held
Temperance Hill Square LLC
since 2022
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.3M
+316.6%
Office building
$7.0M
+250.2%
Restaurant
$5.3M
+166.9%
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
$8,245,000
ML approach
$9,140,000
CAP Approach
CAP Return
Estimation
6%
$12,070,000
6.5%
$11,140,000
7%
$10,345,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,305,000
Change: +317% · Conversion: Easy
OFFICE BUILDING
$6,985,000
Change: +250% · Conversion: Moderate
RESTAURANT
$5,320,000
Change: +167% · Conversion: Difficult
Blend value · Realmo final
$8.70M
Range $7.83M – $9.56M · ±10% · vs last sale $8.70M (May 16 2022)
Last sale anchor
$8.70M
May 16 2022
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
$127 / 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
$78,879
Tax year 2024
Assessed value
$1,745,110
Assessed 2024
Previous assessed
$1,705,460
+2.3% YoY
Effective rate
4.52%
On assessed value
Assessed land
$624,300
Assessed improvement
$1,120,810
Land market value
$3,121,500
Improvement market value
$5,604,050
Total market value
$8,725,550
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
68,470 SF
Lot
11.54 ac (502,682 SF)
APN
300-08050-000C
UPID
US05-0072725
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
COMMERCIAL (GENERAL)
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.0M
RESTAURANT
Est. value
$5.3M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
11.54 ac
Current owner
From public records · entity-resolved
Temperance Hill Square LLC
Entity
Mailing address
8221 RNCH BLVDA1, LITTLE ROCK, AR 72223-4616
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2022
$8,700,000
Temperance Hill Square LLC
Signature Square Springate LLC
Warranty Deed
$7,395,000 · Relyance Bank NA
Apr 26, 2019
—
Temp Hill Square LLC
Columbia Management LLC
Warranty Deed
related
—
Sep 23, 2008
$3,250,000
Columbia Property Mgmt LLC
Cooper Realty Investments INC
Grant Deed
$5,176,000 · Century Bank
Nov 4, 1998
$5,662,666
Cooper Realty Invs INC
Owner Name Unavailable
Grant Deed
related
—
May 16, 1996
$5,375,000
Bailey Realty LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Columbia Property Mgmt LLC
—
Deed Of Trust
related
$3,826,814 · Bancorp South Bank
—
—
Columbia Property Mgmt LLC
—
Deed Of Trust
related
$4,680,000 · Bancorp South Bank
—
—
Columbia Property Management
—
Deed Of Trust
related
$2,546,749 · Ribble Investment Co LLC
—
—
Columbia Property Management
—
Deed Of Trust
related
$2,546,749 · Ribble Investment Co LLC
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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