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    2002-2038 Central Ave Hot Springs, AR 71901

    For Sale
    Contact for pricing

    Retail - Hot Springs, AR

    Type:Retail
    Property size:
    33,325 SF
    Lot size:
    1.45 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 2002-2038 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C-G
    Parking
    50
    Size
    33,325 SF
    Lot size
    1.45 Acres

    Building Details

    Year built
    1950
    Floors in Building
    1
    Architectural style
    Other

    White Stone Real Estate (501) 418-0977

    Listing agent Dane Thomson (501) 359-3009

    Listing date Nov 17, 2025

    MLS# 25025172 Listing URL

    Copyright © 2025 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.

    Overview

    Hot Springs Retail Center Suites

    Freeman Center is an established retail center located in Hot Springs, Arkansas, minutes from Oaklawn. The property offers pull-in parking for both tenants and visitors. Three suites are currently available: Suite 2024 offers 1,540 square feet, and Suites 2020 and 2010 offer 5,608 square feet. The property is zoned C-G and has a lot size of 1.45 acres. The building size is 33,325 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.058608746033
    Latitude
    34.49206069471

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    FAQs

    What type of property is this?
    Shopping center - Retail suites available in established Hot Springs shopping center.
    Where is this shopping center located?
    The property is located at 2002-2038 Central Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $6.
    What are key features of this property?
    This property features: - Located minutes from Oaklawn; - Pull-in parking for tenants and visitors; - Three suites available
    (501) 359-3009
    Request Owner's contact information
    2002-2038 Central Ave Hot Springs, AR 71901
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    Hot Springs, AR 71901
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    Realmo Value Estimation

    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.

    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.

    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
    2002-2038 Central Ave Hot Springs, AR 71901
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