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    1900 Malvern Ave Hot Springs National Park, AR 71901

    For Sale
    $1,495,000

    Income-producing medical office in Hot Springs' medical corridor.

    Property size:
    6,650 SF

    Property Features for 1900 Malvern Ave

    General Information

    Size
    6,650 SF

    Building Details

    Year built
    1985

    Source: Bill Puddephatt Agent Bill Puddephatt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Clinic in Hot Springs

    A ±6,650 SF medical clinic is available for sale as a stand-alone opportunity or as part of a four-property portfolio of income-producing medical offices. The property is located on the first floor of the Ouachita Professional Medical Building (HPR) in the heart of Hot Springs’ medical corridor and is connected to National Park Medical Center. It features a long-term NNN lease with annual escalations to an established credit tenant. The fully renovated ground-floor clinic has high-end finishes and is currently configured for a Heart Clinic. The property is situated at a signalized intersection at Malvern Avenue & Hollywood Drive, offering easy access to MLK Expressway and major arterials. The surrounding area includes medical offices, a hospital, Hot Springs Country Club, Oaklawn Casino Resort, banks, restaurants, and services. The property is zoned PDD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heart & Vascular Institute ... Medical Clinic Hot Springs Vein ... Medical Clinic Suchita Varhade, DO Obstetrician-Gynecologist Keith Thomae, MD, ... Surgeon Phoebe Griffin, MD Obstetrician-Gynecologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Pet Clinic, Hot Springs Animal Hospital, Peters Brian DVM, Kessler Stephanie DVM, Johnson Stacy DVM

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs National Park
    County
    Garland
    State
    Arkansas
    Longitude
    -93.03574
    Latitude
    34.4869

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    FAQs

    What type of property is this?
    Medical office - Income-producing medical office in Hot Springs' medical corridor.
    Where is this medical office located?
    The property is located at 1900 Malvern Ave Hot Springs National Park, AR.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Long-term NNN lease in place with annual escalations to an established credit tenant, providing stable income.; - **Fully renovated, high-end ground-floor clinic designed for a Heart Clinic**, offering a modern and specialized space.; - Located in the heart of Hot Springs' medical corridor on the first floor of the Ouachita Professional Medical Building (HPR).
    (501) 244-7508
    Request Owner's contact information
    1900 Malvern Ave Hot Springs National Park, AR 71901
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    Hot Springs National Park, AR 71901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1900 Malvern Ave Hot Springs National Park, AR 71901
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