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Property profile & analytics

866 Park Ave Hot Springs, AR 71901-3005

  • Grocery and convenience stores
  • 2,074 SF
  • 1.29 lot acres
OFF-MARKET
Value Estimation
$1,110,000
Last Sale
Mar 29, 2024
$1,100,000
Location Intelligence
Property ID
US05-0106548
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

  • SHELL SITE OIL #2 / Gas Station / Grocery Store
  • ATM (Park Ave Superstop) / Atm
  • Shell / Gas Station / Atm
  • KIYAAN ENTERPRISES INC / Gas Station

Property Details for 866 Park Ave

Year built
1984
Lot size
1.29 lot acres
Property size
2,074 SF
Property type
Grocery and convenience stores
APN
400-28800-006-000
APU
40028800006000

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,100,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,120,000
    6.5%
    $1,030,000
    7%
    $1,035,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,230,000
    Geo Method
    $1,305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $945,000
    Retail
    $910,000
    Mixed-Use
    $1,245,000
    Hospitality
    $990,000
    Educational
    $1,145,000
    Residential Income
    $1,175,000
    Energy
    $1,010,000
    Income-Based Land
    $1,030,000
    Food Service
    $985,000

Location Insight

  • Map
  • Local Demand
City
Hot Springs
County
Garland
State
Arkansas
Longitude
-93.0487
Latitude
34.5295
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
$3,051
$9,500
$58,010
$67,510
-
$47,500
$290,050
$337,550
More about this property
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