Property profile

600 Park Ave Hot Springs, AR 71901

FOR SALE
Retail space
View Listing
Saved · see the list in your Dashboard
Property ID
US05-2224968
1,881 SF 0.3 ac Built 1930
Last sale Oct 2024·$255,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 1930-built storefront building located at 600 Park Avenue in Hot Springs, Arkansas, within the Central Business District. It is configured as two separate suites (Suite A and Suite B) in a renovated condition. Each suite has its own restroom and separate utility service, along with dedicated heating and cooling. Suite A is plumbed and wired to accommodate restaurant, bar, salon, or other commercial uses, while the two suites can be operated together or independently depending on occupancy needs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$27k
Assessed land$13k
Assessed improvement$14k
Effective rate4.52%

Value estimate

· Nov 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$39 – $136

Cap rate analysis

How does the asset earn?
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGARLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.3
Auto Repair Shop10.7
Law Firm9.2

Location

600 Park Ave Hot Springs, AR 71901
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
866 Park, Hot Springs, AR 71901-3005 $1,100,000 Mar 2024 2,074 SF
501 Park, Hot Springs, AR 71901-3506 $350,000 Aug 2023 1,234 SF
201 Grand, Hot Springs, AR 71901-4133 $590,000 Jul 2023 1,356 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved