Industrial Building with Leased
For Sale
Contact for pricing
1201-1205 Albert Pike Rd, Hot Springs, AR
Industrial building with leased tobacco store on a 1.04-acre lot.
Property Size4,238 SF
Lot Size1.04 Acres
Price / SF$136
Days on Market519
Property Features for 1201-1205 Albert Pike Rd
General Information
Standard status
Active
Size
4,238 SF
Lot size
1.04 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers - Hot Springs
(501) 623-2200
Listed By:
Brian Gehrki
(501) 623-2200
Source:
Moodyscre
Added: Feb 26, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:22AM
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 Colliers - Hot Springs
Investment Insights
Based on property information with market context.
The property includes a 3,800-square-foot industrial building and a 438-square-foot leased tobacco store. Situated on a 1.04-acre lot at a corner location, the property offers convenient accessibility. It benefits from high traffic volume, with approximately 24,000 vehicles per day on US Hwy 270B. The zoning is C2- General Business District. Tenants are responsible for covering insurance, repairs, and maintenance expenses.
Key Highlights
- Corner location with easy access
- 3,800 SF industrial building
- 1.04 acre lot size
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $12.00 |
| − Vacancy | −$3.1k | −$0.72 |
| EGI | $47.8k | $11.28 |
| − OpEx | −$14.3k | −$3.38 |
| NOI | $33.5k | $7.90 |
4,238 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$478.0K
$418.3K – $557.7K
NOI $33,463 @ 7.0% cap · market cap 5.76%
Second Best
Warehouse
$235.2K
$205.8K – $274.4K
NOI $16,461 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$775.0K
$678.2K – $904.2K
NOI $54,253 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with leased tobacco store on a 1.04-acre lot.
Where is this warehouse located?
The property is located at 1201-1205 Albert Pike Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $580,587.
What are key features of this property?
This property features: Corner location with easy access; 3,800 SF industrial building; 1.04 acre lot size
