Commercial-Zoned Single-Family
For Sale
$100,000
129 DAISY Street, Hot Springs, AR 71901
COMMERCIAL/INDUSTRIAL, Hot Springs, AR
Property Size1,161 SF
Lot Size0.11 Acres
Price / SF$86.13
Days on Market150
Property Features for 129 DAISY Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-R Reg Comm District
Zoning description
C-R Reg Comm District
Exterior features
Partially Fenced
Fencing
Partial
Subdivision
Martins
Directions
Central to right on E Grand to Daisy on the left, house on right.
Standard status
Active
Size
1,161 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
See File
Legal Description
See File
Building Details
Year built
1940
Floors in Building
1
Flooring type
Tile
Roof type
Composition
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 525-1466
Listed By:
Myrtle Batty · License #SA00037787
(501) 622-7107
Added: Apr 17
Changed: Aug 19
Last Checked: Sep 13 at 4:06PM
MLS# 155049
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3-bedroom, 1-bath single-family home is situated on a commercially zoned lot, offering flexible use potential. The property includes 1,161 square feet of living space on a 0.11-acre lot.
The lot is designated under the C-R Reg Comm District zoning classification. The listing also notes a convenient location near local amenities.
For buyers or tenants evaluating adaptive reuse or mixed commercial-residential strategies, this is a straightforward opportunity centered on a residential structure within a commercial zoning district.
The lot is designated under the C-R Reg Comm District zoning classification. The listing also notes a convenient location near local amenities.
For buyers or tenants evaluating adaptive reuse or mixed commercial-residential strategies, this is a straightforward opportunity centered on a residential structure within a commercial zoning district.
Key Highlights
- 3 bed, 1 bath home built in 1940
- Located on a commercially zoned lot
- Partially fenced exterior
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,165
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,300
$143.3K
Cap Rate 7%
$102,357
$102.4K
Cap Rate 9%
$79,611
$79.6K
Market Conditions
NOI Build-Up for 1,161 SF
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.
Gross rent
$13.9K $12.00/SF
− Vacancy
−$906 −$0.78/SF
EGI
$13.0K $11.22/SF
− OpEx
−$5.9K −$5.05/SF
NOI
$7.2K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,300
Cap Rate 7%
$102,357
Cap Rate 9%
$79,611
Alternative Uses
Best Use
Apartment 5plus
$102.4K
$89.6K – $119.4K
NOI $7,165 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$212.3K
$185.8K – $247.7K
NOI $14,863 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Explore this area
Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 3 bed, 1 bath single-family home on a commercially zoned lot with flexible use potential.
Where is this commercial land located?
The property is located at 129 DAISY Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 3 bed, 1 bath home built in 1940; Located on a commercially zoned lot; Partially fenced exterior
