Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1819 Albert Pike Rd Hot Springs, AR 71913

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,900,000

    Value-add neighborhood center shadow-anchored by Sutherlands, 100% leased.

    Property size:
    39,840 SF
    Lot size:
    3.07 Acres

    Property Features for 1819 Albert Pike Rd

    General Information

    Size
    39,840 SF
    Lot size
    3.07 Acres

    Source: STRIVE Agent Braden Bratcher

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

    Overview

    Leased Retail Center Near Sutherlands

    This 39,840-square-foot retail property is a 100% leased neighborhood center shadow-anchored by Sutherlands. The average base rent is $6.33 per square foot, which is below market value, presenting an opportunity to increase rents. The current leases are modified gross leases, with the potential to convert them to NNN leases. Over half of the tenants have been in place for over 20 years. The property is conveniently located off Albert Pike Road, offering four points of ingress and egress. It benefits from high visibility, with over 20,000 vehicles passing by daily. Surrounding national retailers include Walmart Supercenter, Cleo’s Furniture, Sutherlands, Atwoods, Tractor Supply Co, Dollar General, Car-Mart, O’Reilly Auto Parts, Take 5 Car Wash, Starbucks, Shipley Do-Nuts, McDonald’s, Wendy’s, Verizon, and T-Mobile.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H&S Appliance Outlet Appliance Store Record Nations Records Storage Facility All Washed Up ... Laundromat Abilities Unlimited Inc Thrift Store Waco Hill Portrait ... Portrait Studio

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.091351
    Latitude
    34.493385

    Nearby Similar for Sale

    • $1,150,000
      4,300 SF

      Fenced Acreage with Home and Amenities

      Private, fenced 20+ acre property with home, pool, shop, and barn.
      417 Randall Rd, Hot Springs, AR 71913
      View Details
    • $1,750,000
      10,466 SF

      Historic Bed & Breakfast Opportunity

      Established bed and breakfast in a prime historic district.
      420 Quapaw Ave, Hot Springs, AR 71901
      View Details
    • $2,750,000
      48,632 SF

      Downtown Hot Springs Redevelopment Opportunity

      Historic building with retail and redevelopment potential in Hot Springs.
      260 Central Ave, Hot Springs, AR 71901
      View Details
    • $489,900
      1,950 SF

      Renovated Farmhouse on Gated Acreage

      Turnkey hobby farm with renovated home, shop, and barn.
      1115 Albright Rd, Hot Springs, AR 71913
      View Details
    • $598,000
      5,000 SF

      Hot Springs Contemporary Triplex

      Never rented triplex with spacious main house and two apartments.
      106 Imperial Ct, Hot Springs, AR 71913
      View Details
    • $774,900
      4,284 SF

      Historic Hot Springs Bed & Breakfast

      Turnkey bed and breakfast near downtown Hot Springs National Park.
      318 Quapaw Ave, Hot Springs, AR 71901
      View Details

    FAQs

    What type of property is this?
    Strip mall - Value-add neighborhood center shadow-anchored by Sutherlands, 100% leased.
    Where is this strip mall located?
    The property is located at 1819 Albert Pike Rd Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 100% Leased Value-Add Neighborhood Center shadow anchored by Sutherlands.; - Average base rent is well below market at only $6.33/PSF – **upside in increasing rents**.; - More than half of the tenants have been in place for over 20 years.
    (469) 844-8880
    Request Owner's contact information
    1819 Albert Pike Rd Hot Springs, AR 71913
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1819 Albert Pike Rd
    Hot Springs, AR 71913
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1819 Albert Pike Rd Hot Springs, AR 71913
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.