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For Sale
$549,000
4060 N Hwy 7, Hot Springs Village, AR 71909
Commercial / Industrial, Hot Springs Village, AR
Property Size4,952 SF
Lot Size1.96 Acres
Price / SF$110.86
Days on Market7
Property Features for 4060 N Hwy 7
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
5
Directions
On highway 7 N from Walmart towards Hot Spring Village
Subdivision
JESSIEVILLE S.D. (Outside HSV)
Standard status
Active
Size
4,952 SF
Lot size
1.96 Acres
Taxes and HOA fees
Tax Description
Pt Ne Se, 17-01s-19W
Tax Annual Amount
2296
Legal Description
Pt Ne Se, 17-01s-19W
Building Details
Year built
1987
Floors in Building
1
Listing Agency:
CENTURY 21 H.S.V. Realty · Century 21 Real Estate
(501) 922-2021
Listed By:
Lisa Cates
(731) 607-9954
Added: Aug 17
Changed: Aug 19
Last Checked: Aug 23 at 6:06PM
MLS# 26033529
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.
This 1.96-acre property includes a 4,952-square-foot commercial building that formerly accommodated golf equipment sales and repair operations. An additional 24-by-50-foot shop and storage building expands the usable improvements. Included items consist of a car lift, large compressor, two semi beds, paintings, work benches, and new and used golf cart bodies and tops; personal tools are excluded. The property was built in 1987.
Mountain Valley water and Summit natural gas serve the property. The address is along N Hwy 7 in Hot Springs Village, Arkansas. A small house on the property is scheduled for removal around the first week of September.
Mountain Valley water and Summit natural gas serve the property. The address is along N Hwy 7 in Hot Springs Village, Arkansas. A small house on the property is scheduled for removal around the first week of September.
Key Highlights
- 1.96‑acre property with a 4,952‑square‑foot commercial building
- Additional 24 x 50 shop and storage building
- Former golf equipment sales and repair location
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
$39,101
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
7.12%
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%
$782,020
$782.0K
Cap Rate 7%
$558,586
$558.6K
Cap Rate 9%
$434,456
$434.5K
Market Conditions
NOI Build-Up for 4,952 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
$59.4K $12.00/SF
− Vacancy
−$3.6K −$0.72/SF
EGI
$55.9K $11.28/SF
− OpEx
−$16.8K −$3.38/SF
NOI
$39.1K $7.90/SF
Area
Garland County, AR
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
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%
$782,020
Cap Rate 7%
$558,586
Cap Rate 9%
$434,456
Alternative Uses
Best Use
Retail
$558.6K
$488.8K – $651.7K
NOI $39,101 @ 7.0% cap · market cap 7.12%
Second Best
Flex RnD
$432.8K
$378.7K – $504.9K
NOI $30,296 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M
NOI $63,394 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Jensen's Tire & Service — 3941 N Hwy 7, Hot Springs Village, AR 71909
Frequently Asked Questions
What type of property is this?
Auto shop - Former golf equipment sales and repair property with supplemental shop space, utility service, and included operating equipment.
Where is this auto shop located?
The property is located at 4060 N Hwy 7 Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1.96‑acre property with a 4,952‑square‑foot commercial building; Additional 24 x 50 shop and storage building; Former golf equipment sales and repair location
