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    1700 Central Ave Hot Springs, AR 71901

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    For Sale
    $650,000

    Retail property with high visibility and easy access.

    Property size:
    4,487 SF
    Lot size:
    0.31 Acres

    Property Features for 1700 Central Ave

    General Information

    Size
    4,487 SF
    Lot size
    0.31 Acres

    Source: Colliers - Hot Springs Agent Brian Gehrki

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

    Overview

    Retail Space on Central Avenue

    This retail property features an open floor plan complemented by several private offices. It benefits from high visibility and easy access, with over 21,000 vehicles passing by daily on Central Avenue. The property includes hardwood floors, stained glass windows, an ADA-compliant ramp and restroom, a full kitchen, and a one-car garage. It has 100 feet of frontage on Central Avenue and is zoned C-2, general business district. Furnishings are available at an additional cost. The property size is 4,487 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tesla BioHealing Center Wellness Center

    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
    County
    Garland
    State
    Arkansas
    Longitude
    -93.05789
    Latitude
    34.495937

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    FAQs

    What type of property is this?
    Retail space - Retail property with high visibility and easy access.
    Where is this retail space located?
    The property is located at 1700 Central Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High visibility location with over 21,000 vehicles per day.; - 100’ of frontage on Central Avenue.; - Zoned C-2, general business district.
    (501) 623-2200
    Request Owner's contact information
    1700 Central Ave Hot Springs, 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
    1700 Central Ave Hot Springs, AR 71901
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