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    Property profile & analytics

    642 Ouachita Ave Hot Springs, AR 71901-3920

    • Motels
    • 14,355 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Mar 11, 2021
    $375,000
    Location Intelligence
    Property ID
    US05-0050476
    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

    • Holiday Motel / Motel / Hotel

    Property Details for 642 Ouachita Ave

    Year built
    1935
    Lot size
    0.57 lot acres
    Property size
    14,355 SF
    Property type
    Motels
    APN
    400-34400-009-000
    APU
    40034400009000

    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
    -93.0622
    Latitude
    34.5035
    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
    $5,464
    $25,000
    $95,890
    $120,890
    -
    $125,000
    $479,450
    $604,450

    Comparable in this City

    • Value Estimation
      $335,000
      4,804 SF

      2101 Central Ave

      MOTEL • 4,804 SF
      2101 Central Ave, Hot Springs, AR 71901-6909
      View Details
    • Value Estimation
      $380,000
      12,420 SF

      1109 Grand Ave

      MOTEL • 12,420 SF
      1109 Grand Ave, Hot Springs, AR 71901
      View Details
    • Value Estimation
      $915,000
      7,209 SF

      638 Ouachita Ave

      MOTEL • 7,209 SF
      638 Ouachita Ave, Hot Springs, AR 71901-3920
      View Details
    • Value Estimation
      $405,000
      5,262 SF

      745 Park Ave745b

      MOTEL • 5,262 SF
      745 Park Ave745b, Hot Springs, AR 71901-3039
      View Details
    • Value Estimation
      $185,000
      3,545 SF

      637 Park Ave

      MOTEL • 3,545 SF
      637 Park Ave, Hot Springs, AR 71901-3559
      View Details
    • Value Estimation
      $1,260,000
      30,520 SF

      1204 Central Ave

      MOTEL • 30,520 SF
      1204 Central Ave, Hot Springs, AR 71901-6031
      View Details

    Similar Nearby for Sale

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      Charming 19-room boutique motor lodge in historic district.
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    Similar Nearby for Lease

    • $1,800 /Mo
      1,550 SF

      Versatile Commercial Space For Lease

      1,550 sq ft commercial space in high-traffic area.
      2350 Malvern Ave, Hot Springs, AR 71901
      View Details
    • $4,975 /Mo
      4,704 SF

      Retail Space in Hot Springs

      Retail space in growing area near downtown and convention center.
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      View Details
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      70,310 SF

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      Prime Downtown Office Suites Available
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      Medical office space available in Doctor’s Medical Park.
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      Industrial Space with Secured Yard

      Industrial property featuring a secured laydown yard and rail access.
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      Office space for lease near downtown Hot Springs.
      628 Malvern Ave, Hot Springs, AR 71901
      View Details
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    642 Ouachita Ave
    Hot Springs, AR 71901-3920
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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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