566 Files Rd Hot Springs National Park, AR 71913
Property profile & analytics
566 Files Rd Hot Springs National Park, AR 71913
- Office buildings
- 3,688 SF
- 3.58 lot acres
Property ID
US05-2168260
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.
Location Intelligence
Current Use by Public Records
- Better Health Insurance Co. / Insurance Agency
- Complete Community Management LLC / Property Management Company
- Mini Mall Storage - Hot Springs / Storage Facility
Property Details for 566 Files Rd
- Year built
- 2005
- Lot size
- 3.58 lot acres
- Property size
- 3,688 SF
- Property type
- Office buildings
- APN
- 300-08128-000
- APU
- 30008128000
Description
This exceptional 922-square-foot office space is ideally situated at 566 Files Road, Suite C, in Hot Springs, Arkansas, 71913. Built in 1998, this single-tenant property offers a full build-out, eliminating the need for costly renovations. The property is classified as a traditional office space within a retail setting, providing excellent visibility and accessibility. Its location in a high-traffic area ensures significant exposure to potential clients and customers. Ample parking is available for tenants and their visitors, adding to the convenience and appeal of this property. The absence of elevators is noted, making it particularly suitable for businesses that don't require multi-level access. This property presents a unique opportunity for businesses seeking a well-established, ready-to-occupy office space in a vibrant commercial area of Hot Springs. The property's proximity to other retail establishments further enhances its desirability and potential for business growth. This is a single-tenant space, offering privacy and control over the entire unit. Interested parties are encouraged to inquire further to explore this attractive leasing opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $630,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $905,000
- AI Estimate
- $725,000
Market price range: $204k - $905kMarket price range: $152k - $726k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $520,000 Current use
- COMMERCIAL (GENERAL)
- $450,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0682
- Latitude
- 34.4571
- 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
$25,724
$91,020
$478,090
$569,110
-
$455,100
$2,390,450
$2,845,550
