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Property profile

715 Hobson Ave Hot Springs, AR 71913

FOR SALE
Office buildings
Property ID
US05-0414346
3,550 SF 0.31 ac lot Built 1992
Last sale Jan 2024 · $235,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An approximately 860-square-foot office suite in a building constructed in 1992. The suite is configured with a private office featuring windows facing a reception or waiting area, with closing doors, plus a separate open area suitable for desks or workstations. It includes a private restroom and a functional layout designed for office use. The suite is located at 715 Hobson Avenue in Hot Springs and has parking directly outside the suite entrance for visitors and employees.

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?
$2k
Tax billed · 2024
Assessed value$41k
Assessed land$7k
Assessed improvement$33k
Effective rate4.52%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 688.08% cap applied$8k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$55 – $245
Qualifying comparables5

Cap rate analysis

How does the asset earn?
688.08%
$8k 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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.1
Storage Facility9.2
Locksmith9.0

Location

715 Hobson Ave Hot Springs, AR 71913
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Hobson, Hot Springs, AR 71913-3724 $187,000 Jun 2025 3,292 SF
3505 Central, Hot Springs, AR 71913-6247 $1,300,000 Jan 2024 3,498 SF
7065 Central, Hot Springs, AR 71913-7848 $90,000 Aug 2023 3,300 SF
121 Ward St, Hot Springs, AR 71913-3653 $325,000 Aug 2022 3,512 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
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