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Flex Space with Office and Bathroom
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112 Stonewall Street, Hot Springs, AR 71913

Individual stalls can be combined, with separate metering and commercial zoning.

Property Size4,950 SF
Price / SF$0.20
Days on Market25

Property Features for 112 Stonewall Street

General Information

Standard status Active
Size 4,950 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning (CI) Comm.

Building Details

Building Size 4,950 SF
Year Built 2026
Stories 1
Listing Agency: Keller Williams Realty Hot Springs
Listed By: Gregory Diehl
Source: Carolynrussellrealestate
Added: Sep 30 Changed: Oct 23 Last Checked: Oct 23 at 4:18PM

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.

At 112 Stonewall Street, the 2026-built 112 Stonewall property provides commercial stalls, each with an office, bathroom, and separate meter. The stalls measure 20 feet by 50 feet, with spray-foam insulation, a 6-inch concrete slab, and nearly 15 feet of clearance from the floor to the bottom of the rafters. Multiple stalls may be combined.

The property is just off Airport Road in Hot Springs, Arkansas. Zoning is listed as (CI) Comm.

Key Highlights

  • 20' x 50' stalls, each with an office and bathroom
  • Separately metered stalls may be combined
  • 6‑inch concrete slab and spray‑foam insulation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,834
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,680 $316.7K
Cap Rate 7%
$226,200 $226.2K
Cap Rate 9%
$175,933 $175.9K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$23.8K $4.80/SF
− Vacancy
−$1.1K −$0.23/SF
EGI
$22.6K $4.57/SF
− OpEx
−$6.8K −$1.37/SF
NOI
$15.8K $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%
$316,680
Cap Rate 7%
$226,200
Cap Rate 9%
$175,933

Alternative Uses

Best Use
Flex RnD
$432.6K
$378.6K – $504.7K (±1% cap)
NOI $30,284 @ 7.0% cap · market cap 3,028.40%
Second Best
Warehouse
$274.7K
$240.3K – $320.5K (±1% cap)
NOI $19,227 @ 7.0% cap · market cap 1,922.70%
Theoretical Best
Office A
$905.3K
$792.1K – $1.06M (±1% cap)
NOI $63,368 @ 7.0% cap · market cap 6,336.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Pharmacy (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Individual stalls can be combined, with separate metering and commercial zoning.
Where is this flex space located?
The property is located at 112 Stonewall Street Hot Springs, AR.
What are key features of this property?
This property features: 20' x 50' stalls, each with an office and bathroom; Separately metered stalls may be combined; 6‑inch concrete slab and spray‑foam insulation
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