Automotive Commercial
For Sale
$300,000
207 Golf Links Rd, Hot Springs, AR 71901
Commercial / Industrial, Hot Springs, AR
Property Size1,474 SF
Lot Size0.26 Acres
Price / SF$203.53
Days on Market311
Property Features for 207 Golf Links Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Directions
Central S to L on Golf Links to properties on L
Subdivision
HOT SPRINGS SCHOOL DISTRICT
Standard status
Active
Size
1,474 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NW NW 16-03S-19W
Tax Annual Amount
987
Legal Description
PT NW NW 16-03S-19W
Building Details
Year built
1960
Floors in Building
1
Listing Agency:
Rix Realty Advantage Team Realtors
(501) 205-1900
Listed By:
Stephen Inman-Crawley · License #SA00076751
(501) 366-0259
Added: Nov 7, 2025
Changed: Sep 11
Last Checked: Sep 14 at 5:06PM
MLS# 25044762
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 at 207 Golf Links Rd in Hot Springs, this 1,474-square-foot commercial building sits on a 0.26-acre parcel and was constructed in 1960. The property offers a flexible interior configuration for automotive operations, service businesses, daycare use, or a medical office.
The building is within walking distance of Oaklawn Gaming and Casino and is positioned in a commercial setting described as having strong traffic and visibility. Its address in Hot Springs, AR 71901 places the property in Garland County, with the surrounding context supporting a range of business applications.
The building is within walking distance of Oaklawn Gaming and Casino and is positioned in a commercial setting described as having strong traffic and visibility. Its address in Hot Springs, AR 71901 places the property in Garland County, with the surrounding context supporting a range of business applications.
Key Highlights
- 1,474‑square‑foot commercial building
- 0.26‑acre parcel at 207 Golf Links Rd
- Constructed in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,234
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$284,680
$284.7K
Cap Rate 7%
$203,343
$203.3K
Cap Rate 9%
$158,156
$158.2K
Market Conditions
NOI Build-Up for 1,474 SF
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.
Gross rent
$25.6K $17.40/SF
− Vacancy
−$1.9K −$1.31/SF
EGI
$23.7K $16.10/SF
− OpEx
−$9.5K −$6.44/SF
NOI
$14.2K $9.66/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$284,680
Cap Rate 7%
$203,343
Cap Rate 9%
$158,156
Alternative Uses
Best Use
Healthcare Medical
$203.3K
$177.9K – $237.2K
NOI $14,234 @ 7.0% cap · market cap 4.74%
Second Best
Office B
$202.2K
$176.9K – $235.9K
NOI $14,152 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$269.6K
$235.9K – $314.5K
NOI $18,870 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 3201 Central Ave, Hot Springs, AR 71913
Frequently Asked Questions
What type of property is this?
Automotive property - Flexible commercial space suited to automotive, service, daycare, and medical office uses.
Where is this automotive property located?
The property is located at 207 Golf Links Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,474‑square‑foot commercial building; 0.26‑acre parcel at 207 Golf Links Rd; Constructed in 1960
