Flexible Industrial Space with New
For Sale
$735,000
110 Stonewall Street, Hot Springs, AR 71913
Two-building commercial property combining existing rental income with adaptable space for operations, storage, or multiple occupants.
Property Size4,950 SF
Price / SF$148.48
Days on Market48
Property Features for 110 Stonewall Street
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Commercial / Industrial
Building Details
Buildings
2
Listing Agency:
Keller Williams Realty Hot Springs
(501) 907-5959
Listed By:
Jason Edington · License #AB56069,ARKANSAS
(870) 210-1445
Source:
Arprorealty
Added: Sep 4
Changed: Oct 16
Last Checked: Oct 20 at 8:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Hot Springs
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Investment Insights
Based on property information with market context.
This 4,950 SF flex property includes two commercial buildings with distinct user and income potential. One building is leased, while the newer structure is designed for flexible occupancy and includes spray-foam insulation, a 6-inch concrete slab, and nearly 15 feet of clearance from the floor to the bottom of the rafters. The building can function as one open commercial area or be separated into three individually metered stalls.
Located just off Airport Road at 110 Stonewall Street in Hot Springs, Arkansas, the property supports a range of commercial applications, including warehouse, light industrial, contractor storage, automotive, workshop, distribution, and small-business operations. The combination of an existing lease and configurable new construction provides both an established income component and additional space for an owner-user or future occupants.
Located just off Airport Road at 110 Stonewall Street in Hot Springs, Arkansas, the property supports a range of commercial applications, including warehouse, light industrial, contractor storage, automotive, workshop, distribution, and small-business operations. The combination of an existing lease and configurable new construction provides both an established income component and additional space for an owner-user or future occupants.
Key Highlights
- 4,950 SF property with two commercial buildings
- One building is currently leased
- Brand‑new building with spray‑foam insulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,284
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,680
$605.7K
Cap Rate 7%
$432,629
$432.6K
Cap Rate 9%
$336,489
$336.5K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$49.3K $9.96/SF
− Vacancy
−$2.7K −$0.55/SF
EGI
$46.6K $9.41/SF
− OpEx
−$16.3K −$3.29/SF
NOI
$30.3K $6.12/SF
Area
Garland County, AR
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,680
Cap Rate 7%
$432,629
Cap Rate 9%
$336,489
Alternative Uses
Best Use
Flex RnD
$432.6K
$378.6K – $504.7K
NOI $30,284 @ 7.0% cap · market cap 4.12%
Second Best
Warehouse
$274.7K
$240.3K – $320.5K
NOI $19,227 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$905.3K
$792.1K – $1.06M
NOI $63,368 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial property combining existing rental income with adaptable space for operations, storage, or multiple occupants.
Where is this flex space located?
The property is located at 110 Stonewall Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 4,950 SF property with two commercial buildings; One building is currently leased; Brand‑new building with spray‑foam insulation
