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    For Sale (22)

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    Hot Springs Land For Sale
    $550,000
    4.42 Acres

    Hot Springs Land For Sale

    4.42 acre commercial land ripe for development in Hot Springs.

    3816 Albert Pike Rd, Hot Springs, AR 71913
    View details
    Lake Hamilton Renovated Duplex
    $559,000
    2,048 SF

    Lake Hamilton Renovated Duplex

    Renovated lakefront duplex with lake views, pier, and extra lot.

    329 Lookout Pt, Hot Springs, AR 71913
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    Commercial Land in High Traffic Area
    $395,000
    1.26 Acres

    Commercial Land in High Traffic Area

    Commercial land with high visibility and easy highway access.

    Tbd Airport Rd, Hot Springs, AR 71913
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    Prime Commercial Land on Central
    $677,000
    4.86 Acres

    Prime Commercial Land on Central

    4.86 acres of commercial land with frontage on Central Avenue.

    5806 Central Ave, Hot Springs, AR 71913
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    Prime Location with Existing Buildings
    $799,000
    3.16 Acres

    Prime Location with Existing Buildings

    3+ acres with office and storage buildings near Central Ave.

    153 Franklin St, Hot Springs, AR 71913
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    Insulated Metal Building on Spacious Lot
    $169,900
    1,200 SF

    Insulated Metal Building on Spacious Lot

    Insulated metal building on a large lot with utilities.

    122 Kathy Ln, Hot Springs, AR 71913
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    Prime Land Near Lake Hamilton
    $349,900
    3.00 Acres

    Prime Land Near Lake Hamilton

    3-acre land parcel with business potential near Lake Hamilton.

    101 Songer Ln, Pearcy, AR 71964
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    Hot Springs Residential Development Opportunity
    $1,420,000
    3.20 Acres

    Hot Springs Residential Development Opportunity

    Residential lots suitable for builder development in Hot Springs, AR.

    119 Bluebird Ln, Hot Springs, AR 71913
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    Residential Lot with Lake Views
    $52,000
    0.26 Acres

    Residential Lot with Lake Views

    Gorgeous lot with panoramic lake views in gated community.

    3 Gibbins Trl, Hot Springs, AR 71913
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    Lake Hamilton View Residential Lot
    $52,000
    0.28 Acres

    Lake Hamilton View Residential Lot

    Residential lot with lake views and community boat ramp.

    1 Gibbins Trl, Hot Springs, AR 71913
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    Lake Hamilton View Residential Lot
    $52,000
    0.28 Acres

    Lake Hamilton View Residential Lot

    Residential lot with lake views and community boat ramp access.

    4 Gibbins Trl, Hot Springs, AR 71913
    View details
    Prime Location Commercial Land
    $799,000
    2,000 SF

    Prime Location Commercial Land

    3+ acres near Central Ave with office and storage buildings.

    153 Franklin St, Hot Springs, AR 71913
    View details
    Commercial Lots in Oak Tree
    $113,000
    0.84 Acres

    Commercial Lots in Oak Tree

    Commercial land in Oak Tree Office Park near medical facilities.

    7-9 Sawtooth Oak St, Hot Springs, AR 71901
    View details
    Hot Springs Land For Sale
    $550,000
    4.42 Acres

    Hot Springs Land For Sale

    4.42 acre commercial land ripe for development in Hot Springs.

    3816 Albert Pike Rd, Hot Springs, AR 71913
    View details
    Lakefront Acreage in Hot Springs
    $850,000
    7.76 Acres

    Lakefront Acreage in Hot Springs

    Rare 7.76-acre lakefront development opportunity on Lake Hamilton.

    420 Highway 290, Hot Springs, AR 71913
    View details
    Hot Springs Commercial Land Available
    $395,000
    1.26 Acres

    Hot Springs Commercial Land Available

    Commercial land with high visibility and easy access for sale.

    Tbd Airport Rd, Hot Springs, AR 71913
    View details
    Wooded Lots in Hot Springs
    $55,000
    1.08 Acres

    Wooded Lots in Hot Springs

    Five wooded lots with mature trees and wildlife.

    Vacant Land Doubloon Cir, Hot Springs, AR 71913
    View details
    Hot Springs Commercial Land Investment
    $675,000
    11.53 Acres

    Hot Springs Commercial Land Investment

    11.53 Acres, Two Buildings, High Traffic

    2088 Airport Rd, Hot Springs, AR 71913
    View details
    Commercial Land Ready for Development
    Contact for pricing

    Commercial Land Ready for Development

    Commercial land with high traffic and development potential.

    1000 Malvern Ave, Hot Springs, AR 71913
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    Prime Commercial Frontage Land
    Contact for pricing

    Prime Commercial Frontage Land

    Commercial land for sale with frontage on Central Avenue.

    5806 Central Ave, Hot Springs, AR 71913
    View details
    Glenwood Land with Steel Building
    Contact for pricing
    1,984 SF

    Glenwood Land with Steel Building

    3.95+/- acres with steel building near Caddo River.

    303 Highway 70 W, Glenwood, AR 71943
    View details
    Land For Sale
    $1,420,000

    Land For Sale

    Land available for purchase.

    119 Bluebird Ln, Hot Springs, AR 71913
    View details

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    • For Sale

    Properties for sale

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    Hot Springs Realty
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Hot Springs Realty
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