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Automotive Repair Property with Fenced Yard
New
For Sale
$385,000

100 Blackstone Court, Hot Springs, AR 71901

Commercial / Industrial, Hot Springs, AR

Property Size7,500 SF
Lot Size0.87 Acres
Price / SF$51.33
Days on Market1

Property Features for 100 Blackstone Court

General Information

Property type Commercial Sale
Property subtype Other
Parking 50
Interior features Public Restrooms
Exterior features Partially Fenced
Fencing Partial
Subdivision Cooper Creek
Lot features Level, Corner Lot, Cleared, In Subdivision
Directions From HSBOR, right on Orange St., right on Central Ave., right on Spring St., left on Chaucer St., then left on Blackstone Ct. Property on the right.
Standard status Active
Size 7,500 SF
Lot size 0.87 Acres

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses collision/body shop, auto repair

Taxes and HOA fees

Tax Year 2025
Tax Description Cooper Creek Industrial Park
Tax Annual Amount 2704
Legal Description Cooper Creek Industrial Park

Amenities

secure

Building Details

Year built 1968
Floors in Building 1
Roof type Metal
Listing Agency: Hot Springs Realty
Listed By: Scott Garibay · License #SA00045405
Added: Nov 3 Last Checked: Nov 3 at 6:06PM
MLS# 26044213

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This automotive property contains approximately 7,500 square feet under roof on a 0.87-acre parcel. The site is used as a collision and repair center and includes a partially fenced area, public restrooms, and a metal roof. Built in 1968, the improvements are zoned IL (Light Industrial).

The property has frontage on two streets and is located at 100 Blackstone Court in Hot Springs, Arkansas.

Key Highlights

  • Approximately 7,500 square feet under roof
  • 0.87‑acre parcel
  • Frontage on two streets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,990
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,800 $479.8K
Cap Rate 7%
$342,714 $342.7K
Cap Rate 9%
$266,556 $266.6K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$36.0K $4.80/SF
− Vacancy
−$1.7K −$0.23/SF
EGI
$34.3K $4.57/SF
− OpEx
−$10.3K −$1.37/SF
NOI
$24.0K $3.20/SF
Area
Garland County, AR
Vacancy
4.80%
Lease Rate
$4.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,800
Cap Rate 7%
$342,714
Cap Rate 9%
$266,556

Alternative Uses

Best Use
Retail
$846.0K
$740.3K – $987.0K (±1% cap)
NOI $59,220 @ 7.0% cap · market cap 15.38%
Second Best
Industrial
$342.7K
$299.9K – $399.8K (±1% cap)
NOI $23,990 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,012 @ 7.0% cap · market cap 24.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

R & M Collision Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Pharmacy Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
995
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
FedEx Office Print & Ship Center Shops & Services
995 visits/mo 0.2 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Tire Express — 635 E Grand Ave, Hot Springs, AR 71901
  • Edge Transmission & Motor Services — 624 raymond st, hot springs, ar 71901
  • R & M Collision — 100 Blackstone Ct, Hot Springs, AR 71901
  • The Hobby Shop LLC — 109 Bluestone Ct Suite A, Hot Springs, AR 71901
  • Eastside Garage & Marine Service — 1214 E Grand Ave, Hot Springs, AR 71901

Frequently Asked Questions

What type of property is this?
Auto shop - IL zoning, a partially enclosed yard, and access from two streets support a range of commercial configurations.
Where is this auto shop located?
The property is located at 100 Blackstone Court 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: Approximately 7,500 square feet under roof; 0.87‑acre parcel; Frontage on two streets
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Includes: Price & PSF · Cap rate · Location · Zoning

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