1550 AirportHot Springs National Park, AR 71913

  • Strip malls
  • 12,180 SF
Off market
$14,026,320 Estimated

Property Details for 1550 Airport

Year built
1973
Lot size
1.40 AC
Property size (Sq ft)
12,180 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
200-02400-002-000C
APU
20002400002000C

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,560,777
    6.5%
    $1,440,717
    7%
    $1,337,809
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,195,513
    Geo Method
    $2,195,513
  • Alternative Use

    Use
    Valuation
    Residential
    $1,215,299
    Hospitality
    $1,113,207
    Educational
    $926,175
    Medical
    $958,028
    Retail
    $1,440,717

Location Insight

City
Hot Springs National Park
County
Garland
State
Arkansas
Latitude
34.4691
Longitude
-93.1384
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
$10,329
$54,010
$181,810
$235,820
-
$270,050
$909,050
$1,179,100

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