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    Property profile & analytics

    4520 Central Ave Hot Springs, AR 71913-7256

    • Drive through restaurants
    • 1,362 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US05-0046092
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 4520 Central Ave

    Year built
    1995
    Lot size
    0.45 lot acres
    Property size
    1,362 SF
    Property type
    Drive through restaurants
    APN
    300-09030-000C
    APU
    30009030000C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0798
    Latitude
    34.4508
    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
    $6,388
    $67,630
    $73,690
    $141,320
    -
    $338,150
    $368,450
    $706,600

    Comparable in this City

    • Value Estimation
      $1,950,000
      3,094 SF

      4326 Central Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,094 SF
      4326 Central Ave, Hot Springs, AR 71913-7205
      View Details
    • Value Estimation
      $220,000
      2,338 SF

      108 Crawford St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,338 SF
      108 Crawford St, Hot Springs, AR 71913-6137
      View Details
    • Value Estimation
      $2,165,000
      3,145 SF

      102 Buena Vis Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,145 SF
      102 Buena Vis Rd, Hot Springs, AR 71913-9606
      View Details
    • Value Estimation
      $810,000
      2,637 SF

      1108 Albert Pike Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,637 SF
      1108 Albert Pike Rd, Hot Springs, AR 71913
      View Details
    • Value Estimation
      $2,140,000
      2,112 SF

      1225 Albert Pike Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,112 SF
      1225 Albert Pike Rd, Hot Springs, AR 71913-4134
      View Details
    • Value Estimation
      $400,000
      3,750 SF

      114 Airport Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,750 SF
      114 Airport Rd, Hot Springs, AR 71913-4061
      View Details

    Similar Nearby for Sale

    • $5,053,000
      6,549 SF

      Retail Investment Opportunity

      Retail property with long-term leases and strong tenant profiles.
      4104 Central Ave, Hot Springs National Park, AR 71913
      View Details
    • $450,000
      825 SF

      Central Avenue Commercial Property

      Commercial building and land near Oaklawn in Hot Springs.
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    • $119,000
      1,842 SF

      Hot Springs Mixed-Use Opportunity

      Mixed-use property with retail space and live-work potential.
      251 Hobson Ave, Hot Springs, AR 71913
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    • $4,042,867
      37,641 SF

      Retail Center on Central Avenue

      High visibility retail center centrally located on Central Avenue.
      3814 Central Ave, Hot Springs, AR 71913
      View Details
    • $2,100,000
      15,000 SF

      Remodeled Building and Land Opportunity

      15,000 SF remodeled building suitable for various business models.
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    • New
      Contact for pricing
      9,664 SF

      High-Traffic Retail End Cap Suite

      9,664 SF retail suite in high-traffic Hot Springs location.
      3339 Central Ave, Hot Springs, AR 71913
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      2,550 SF

      Retail Space with Drive-Thru

      Retail space with drive-thru centrally located in Hot Springs.
      1382-1384 Higdon Ferry Rd, Hot Springs National Park, AR 71913
      View Details
    • $42 SF/Yr
      6,075 SF

      Hot Springs Retail Space Available

      Prime Restaurant/Retail Space, Hot Springs, AR
      1384 Higdon Ferry Rd, Hot Springs, AR 71913
      View Details
    • Contact for pricing
      1,420 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center near national park.
      1607-1609 Albert Pike Rd, Hot Springs, AR 71913
      View Details
    • $25 SF/Yr
      2,388 SF

      Retail Space Near Major Anchors

      Retail space with high traffic and easy access.
      1412 Higdon Ferry Rd, Hot Springs, AR 71913
      View Details
    • $2,200 /Mo
      3,640 SF

      Versatile Flex Space Available

      Three buildings for lease with yard space in Hot Springs.
      137 Stonewall St, Hot Springs, AR 71913
      View Details
    • $18,000 /Mo
      14,019 SF

      Former Car Dealership For Rent

      14,019 SF commercial space ideal for retail or showroom.
      4318 Central Ave, Hot Springs, AR 71913
      View Details

    Property Visit Statistics

    • Visits by month
      28.0k
    • Visitors by month
      15.6k
    • Avg Time on site
      14 min
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    4520 Central Ave
    Hot Springs, AR 71913-7256
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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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