Versatile Commercial Property in Hot
140 Amity Rd Hot Springs, AR 71913
For Sale
$385,000
COMMERCIAL - Hot Springs, AR
Property Size2,476 SF
Lot Size1.00 Acre
Price / SF$155.49
Days on Market64
Property Features for 140 Amity Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Storage Building
- Standard status
- Active
- APN
- 100-16231-000C
- Size
- 2,476 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S-T-R: 36-03S-20W, LEGAL: PT S
- Tax Annual Amount
- 2646
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Flooring type
- Vinyl
- Additional Structures
- Storage
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Karen Hudspeth · License #SA00086588
(870) 344-0123
Added: May 24
Last Checked: Jul 26 at 5:06PM
MLS# 26020936
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
Located just off Highway 7 South/Central Avenue in Hot Springs, Arkansas, 140 Amity Road is a commercial property offering approximately 500 feet of road frontage in a high-traffic, high-visibility location. The property, with a size of 2476 square feet and situated on a 1-acre lot, is suitable for a retail space, real estate office, insurance office, mechanic shop, or live/work opportunity. The fully furnished property is in immaculate condition and ready for immediate operation. It features ample parking, a 24/24 heated, cooled, and insulated shop, separate HAC systems for the home and shop, a newly added 12/20 storage building, carport, and a new patio. The roof is approximately 2 years old. Located outside city limits, this property provides flexibility with residential or business potential.
Key Highlights
- High‑traffic, high‑visibility location with approximately 500 feet of road frontage on Amity Road off Highway 7 South/Central Avenue.
- Turnkey and fully furnished property in immaculate condition, ready for immediate operation.
- Versatile commercial property suitable for retail, office, mechanic shop, or live/work use.
Financial Insights For Office B
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 | $35.7k | $14.40 |
| − Vacancy | −$4.0k | −$1.60 |
| EGI | $31.7k | $12.80 |
| − OpEx | −$7.9k | −$3.20 |
| NOI | $23.8k | $9.60 |
2,476 SF · lease $14.40/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$339.6K
$297.2K – $396.2K
NOI $23,773 @ 7.0% cap · market cap 6.17%
Second Best
Retail
$279.3K
$244.4K – $325.8K
NOI $19,550 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$452.8K
$396.2K – $528.3K
NOI $31,697 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Comact Equipment US ...
Department Store
FAQs
What type of property is this?
Retail space - Turnkey commercial property with high visibility and flexible business potential.
Where is this retail space located?
The property is located at 140 Amity Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: High‑traffic, high‑visibility location with approximately 500 feet of road frontage on Amity Road off Highway 7 South/Central Avenue.; Turnkey and fully furnished property in immaculate condition, ready for immediate operation.; Versatile commercial property suitable for retail, office, mechanic shop, or live/work use.
