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Medical Office Space For Sale
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1 Mercy Ln, Hot Springs, AR 71913

Medical office space in a bustling Hot Springs corridor.

Property Size3,893 SF
Price / SF$1.00
Days on Market124

Property Features for 1 Mercy Ln

General Information

Standard status Active
Size 3,893 SF
Property subtype Office
Listing Agency: Little Rock
Listed By: Karolyn Fankhouser · License #EB00044496
Source: Colliers
Added: May 27 Changed: Sep 19 Last Checked: Sep 26 at 3:30AM

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 Little Rock

Investment Insights

Based on property information with market context.

This 3,893 square foot commercial real estate is located in Hot Springs, Arkansas, adjacent to CHI St. Vincent Hospital. The property is situated in a bustling corridor, near shopping, dining, and restaurants. The layout includes four to five offices, including an executive suite, five exam rooms, a meeting/training room, and a break room. The property is located in the CHI St. Vincent Medical Building. The minimum lease term is three years. This property is suitable for medical office space.

Key Highlights

  • Adjacent to CHI St. Vincent Hospital
  • CHI St. Vincent Medical Building
  • Prime Hot Springs location

Property Analytics

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Current Use

Baptist Health Neurology ... Hospital Pellegrino Center For Clincal: ... Medical Clinic CHI St. Vincent ... Medical Clinic CHI St. Vincent ... Physician Anudeep Surendranath, MD Physician

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,287
Businesses Nearby
Well-served
Demand for This Use

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space in a bustling Hot Springs corridor.
Where is this medical office space located?
The property is located at 1 Mercy Ln Hot Springs, AR.
What are key features of this property?
This property features: Adjacent to CHI St. Vincent Hospital; CHI St. Vincent Medical Building; Prime Hot Springs location
More about this property
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