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    106 Ridgeway St Hot Springs National Park, AR 71901

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    For Sale
    $2,874,178

    Two office buildings in central Hot Springs with long-term tenants.

    Property size:
    28,802 SF

    Property Features for 106 Ridgeway St

    General Information

    Size
    28,802 SF

    Building Details

    Year built
    1982

    Source: Nathan Hutchins Agent Nathan Hutchins

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

    Overview

    Two Office Buildings For Sale

    This offering features two office buildings with high visibility and traffic count. The property is centrally located in the heart of Hot Springs, in a high-traffic area. Its location offers proximity to downtown, a country club golf course, a medical center, and the Bypass. The property size is 28,802 square feet.
    Location Intelligence

    Current Use by Public Records

    Gershner David Lawyer Davidson Law Firm: ... Lawyer Anglea Echols Law ... Lawyer Davidson Law Firm: ... Attorney Davidson Law Firm: ... Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs National Park
    County
    Garland
    State
    Arkansas
    Longitude
    -93.036149
    Latitude
    34.49309

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    FAQs

    What type of property is this?
    Office building - Two office buildings in central Hot Springs with long-term tenants.
    Where is this office building located?
    The property is located at 106 Ridgeway St Hot Springs National Park, AR.
    What is the asking price?
    The asking price for this property is $2,874,178.
    What are key features of this property?
    This property features: - High visibility location; - High traffic count; - Centrally located in Hot Springs
    (501) 912-3660
    Request Owner's contact information
    106 Ridgeway St 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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

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

    Relative

    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
    106 Ridgeway St Hot Springs National Park, AR 71901
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