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Insulated Metal Building on Large Lot

122 KATHY Lane Hot Springs, AR 71913

122 KATHY Lane, Hot Springs, AR, 71913
$169,900
For Sale
$169,900

LAND - Hot Springs, AR

Property Size1,200 SF
Lot Size0.89 Acres
Price / SF$141.58
Days on Market132

Property Features for 122 KATHY Lane

General Information

Property type
Land
Property subtype
Other
Parking features
Garage
Standard status
Active
Size
1,200 SF
Lot size
0.89 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
STR:28-3S-20 PT SE SE
Tax Annual Amount
347

Building Details

Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency Hot Springs Realty
4832 Central Ave Suite C, Hot Springs National Park, AR
Listed by Robert Pfautz, Jr · License #PB00061989
Added: Mar 10 Checked: Jul 19 at 11:06 pm
MLS# 154435 Listing URL

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property includes a 30 x 40 insulated metal building on approximately 0.89 acres. The building features a concrete floor, an overhead door, and electric service. Water and sewer utilities are available on the lot. The property is suitable for storage, a workshop, or other purposes. The spacious lot provides ample room for potential new construction.

Key Highlights

  • Large 30 x 40 insulated metal building with concrete floor, overhead door, and electric service.
  • Approximately .89 acre lot with room for a new home.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $12.0k $9.96
− Vacancy −$657 −$0.55
EGI $11.3k $9.41
− OpEx −$4.0k −$3.29
NOI $7.3k $6.12
1,200 SF · lease $9.96/SF/yr · vacancy 5.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$104.9K
$91.8K – $122.4K (±1% cap)
NOI $7,342 @ 7.0% cap · market cap 4.32%
Second Best
Industrial
$54.8K
$48.0K – $64.0K (±1% cap)
NOI $3,838 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$219.5K
$192.0K – $256.0K (±1% cap)
NOI $15,362 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Auto Repair Shop Kitchen & Bath Showroom Plumbing Service Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Insulated metal building on a spacious lot, ideal for storage.
Where is this flex space located?
The property is located at 122 KATHY Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Large 30 x 40 insulated metal building with concrete floor, overhead door, and electric service.; Approximately .89 acre lot with room for a new home.
Contact an agent
More about this property
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