Insulated Metal Building on Large
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
(501) 525-4178
4832 Central Ave Suite C, Hot Springs National Park, AR
Listed by
Robert Pfautz, Jr · License #PB00061989
(501) 282-7522
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
NOI $7,342 @ 7.0% cap · market cap 4.32%
Second Best
Industrial
$54.8K
$48.0K – $64.0K
NOI $3,838 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$219.5K
$192.0K – $256.0K
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
Similar For Sale Nearby
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.