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Property profile & analytics
FOR SALE
Individual retail properties
450 Broadway St Hot Springs, AR 71901
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0052173
For Sale
1 / 21
$599,000
450 Broadway St, Hot Springs, AR 71901
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1939
Total area
5,280 SF
Lot
0.3 ac (12,937 SF)
APN
400-32150-009-000C
UPID
US05-0052173
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
-
Personalized Fitness Gym & Fitness Center
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
Joe Huskey · 10 yrs held
Joe Huskey
since 2016
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 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
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
$2,411
Tax year 2024
Assessed value
$54,790
Assessed 2024
Previous assessed
$54,790
+0.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$11,660
Assessed improvement
$43,130
Land market value
$58,300
Improvement market value
$215,650
Total market value
$273,950
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
For Sale
Year built
1939
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,280 SF
Lot
0.3 ac (12,937 SF)
APN
400-32150-009-000C
UPID
US05-0052173
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
1939
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Joe Huskey
Individual
Mailing address
140 GDNS GATE DR, HOT SPRINGS, AR 71913-8161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2020
—
Joe Huskey
—
Deed
related
$42,200 · First Security Bank
Mar 10, 2016
—
Joe Huskey
Huskey INC
Intrafamily Transfer
related
$219,080 · The Citizens Bank
Feb 11, 2009
$145,000
Joe Husky
Wall,joel P & Debra E
Warranty Deed
—
Apr 13, 2004
$70,000
Joel P Wall
Owner Name Unavailable
Warranty Deed
related
—
Aug 18, 1998
—
Carol A Johnson
Owner Name Unavailable
Grant Deed
related
—
—
—
Joe Huskey
—
Deed Of Trust
related
$166,926 · Bank Of The Ozarks
—
—
Joe Huskey
—
Deed Of Trust
related
$184,735 · Hot Springs Bank & Trust Co
—
—
Joe Huskey
—
Deed Of Trust
related
$208,000 · Hot Springs Bank & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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