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    101 Airway Dr Hot Springs, AR 71913

    For Sale
    $2,249,000

    8,960 SF building on 2.64 acres near airport.

    Property size:
    8,960 SF
    Lot size:
    2.64 Acres

    Property Features for 101 Airway Dr

    General Information

    Size
    8,960 SF
    Lot size
    2.64 Acres

    Source: Colliers - Hot Springs Agent Brian Gehrki

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

    Overview

    Commercial Site Near Airport

    This property features an 8,960-square-foot building on a lot of approximately 2.64 acres. The site is suitable for a service business and benefits from a corner location with high visibility. It has approximately 380 feet of frontage on US Highway 70 (Airport Road) and is located about half a mile from the bypass and near Hot Springs Municipal Airport. The property is zoned C4 (Regional Commercial) and M1 (Light Manufacturing).
    Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -93.103182
    Latitude
    34.480812

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    FAQs

    What type of property is this?
    Manufacturing property - 8,960 SF building on 2.64 acres near airport.
    Where is this manufacturing property located?
    The property is located at 101 Airway Dr Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $2,249,000.
    What are key features of this property?
    This property features: - Zoned C4 (Regional Commercial) & M1 (Light Manufacturing); - Corner location with great visibility; - Approximately 380’ of frontage on US Hwy 70 (Airport Rd.)
    (501) 623-2200
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    101 Airway Dr Hot Springs, AR 71913
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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
    101 Airway Dr Hot Springs, AR 71913
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