Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
534 Mid America Blvd Hot Springs National Park, AR 71913-8412
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US05-0236912
Property summary
AI-generated overview
This exceptional investment opportunity presents a 7,500 square foot flex office/warehouse space located at 534 Mid America Blvd, Hot Springs, Arkansas, 71913. The property, built in 2012, sits on a 2.49-acre lot within the Mid America Industrial Park and boasts a 100% occupancy rate, generating a strong Net Operating Income (NOI) of $47,640. This translates to a compelling 5.54% capitalization rate and an asking price of $860,000, or $114.67 per square foot. The property features a fenced-in yard, providing ample secure outdoor space. This industrial-type property, classified as a net lease investment, offers a stable and attractive return for investors seeking a well-located, high-performing asset in a thriving market. The property's strong performance and desirable location make it an ideal addition to any investment portfolio. Detailed financial information is available upon request. This is a turnkey investment opportunity not to be missed.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Total area
7,500 SF
Lot
2.49 ac (108,377 SF)
APN
200-44950-046-000
UPID
US05-0236912
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
-
Denali Wood Solutions Building Supply Factory
-
Dow Building Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$540k
Blend (final)
Blend
$540k
Owner & transaction history
Elements LLC
Elements LLC
since 2025
Last sale
$612,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$625,000
+76.3%
Auto repair, garage
$440,000
+24.9%
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 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
Method
Estimation
Statistic approach
$570,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$415,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$355,000
Current use
RETAIL STORES
$625,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$440,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $612k (Sep 21 2020)
Last sale anchor
$612k
Sep 21 2020
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
$72 / 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
$3,803
Tax year 2024
Assessed value
$98,420
Assessed 2024
Previous assessed
$98,420
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$19,900
Assessed improvement
$78,520
Land market value
$99,500
Improvement market value
$392,600
Total market value
$492,100
Applied tax rate
460.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,500 SF
Lot
2.49 ac (108,377 SF)
APN
200-44950-046-000
UPID
US05-0236912
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
WAREHOUSE, STORAGE Current
Est. value
$355,000
RETAIL STORES
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$440,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2012
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Elements LLC
Entity
Mailing address
589 E VLY CLB CIR, LITTLE ROCK, AR 72212-3453
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$800,000
Elements LLC
Dow Investments LLC
Warranty Deed
$300,000 · Central Bank
Feb 5, 2021
—
Dow Investments LLC
—
Deed
related
$520,200 · Regions Bank
Sep 21, 2020
$612,000
Dow Investments LLC
George M Parker
Warranty Deed
$520,200 · Regions Bank
Feb 14, 2020
—
George M Parker
—
Deed
related
$250,000 · Southern Bancorp Bank
Apr 3, 2019
—
Gibco Properties LLC
—
Trustees Deed
related
$400,000 · Southern Bancorp Bk NA
Mar 7, 2019
$98,900
Gibco Properties LLC
Parker,george M & Pamela K
Warranty Deed
$84,610 · Southern Bancorp
Dec 29, 2017
—
George M Parker
—
Deed
related
—
Apr 2, 2012
$140,000
George M Parker
Cadgar Devs LLC
Warranty Deed
—
Sep 3, 2009
—
John C Stubblefield
—
Trustees Deed
related
$350,000 · Garland County Arkansas
Jan 15, 2009
$165,000
John C Stubblefield
Cadgar Developments LLC
Warranty Deed
—
Dec 1, 2006
$200,000
Curtis A Diggs
Mitchell Family Living Trust
Grant Deed
$160,000 · Regions Bank
Apr 25, 2000
$75,000
Mitchell Family Living Trust
Owner Name Unavailable
Warranty Deed
related
—
—
—
John C Stubblefield
—
Deed Of Trust
related
—
—
—
George M Parker
—
Loan Modification
related
—
—
—
George M Parker
—
Loan Modification
related
—
—
—
George M Parker
—
Loan Modification
related
—
—
—
John C Stubblefield
—
Deed Of Trust
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.
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?”
You own 534 Mid America Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
