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    Property profile & analytics

    507 Airport Rd Hot Springs, AR 71913-4065

    • Retail space
    • 2,400 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-0244432
    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

    • Retail space

    Property Details for 507 Airport Rd

    Year built
    1984
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    300-13170-001C
    APU
    30013170001C

    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
    -93.0927
    Latitude
    34.4871
    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
    $583
    $0.00
    $13,390
    $13,390
    -
    $0.00
    $66,950
    $66,950

    Comparable in this City

    • Value Estimation by Request
      1,940 SF

      419 Albert Pike Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,940 SF
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    • Value Estimation by Request
      4,380 SF

      303 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 4,380 SF
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    • Value Estimation by Request
      1,360 SF

      808 Albert Pike Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,360 SF
      808 Albert Pike Rd, Hot Springs, AR 71913-4140
      View Details
    • Value Estimation
      $295,000
      5,000 SF

      110 Crawford St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      110 Crawford St, Hot Springs, AR 71913-6137
      View Details
    • Value Estimation
      $210,000
      6,412 SF

      5444 Central Ave, Unit AD

      RETAIL STORES (PERSONAL SERVICES) • 6,412 SF
      5444 Central Ave, Hot Springs National Park, AR 71913-9645
      View Details
    • Value Estimation
      $180,000
      11,220 SF

      202 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 11,220 SF
      202 3rd St, Hot Springs, AR 71913-3515
      View Details

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    Similar Nearby for Lease

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      5737 Central Ave, Hot Springs, AR 71913
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    507 Airport Rd
    Hot Springs, AR 71913-4065
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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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