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Vacant Shell Retail Space
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155 Carpenter Dam Rd, Hot Springs, AR 71901

Newly built retail space at a prominent intersection, offering a flexible shell for future interior build-out.

Property Size1,427 SF
Price / SF$1.90
Days on Market15

Property Features for 155 Carpenter Dam Rd

General Information

Standard status Active
Size 1,427 SF

Building Details

Year Built 2023
Listing Agency: McGraw Realtors - HS
Listed By: Ashley Layfield
Source: Pcsingtolittlerock
Added: Aug 18 Changed: Aug 29 Last Checked: Aug 31 at 6:39PM

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 McGraw Realtors - HS

Investment Insights

Based on property information with market context.

Built in 2023, this 1,427-square-foot retail space is presented in vacant shell condition, allowing the interior to be configured for a future retail or restaurant use. The property provides a straightforward starting point for an approved build-out within an established commercial setting.

The space is located at the intersection of Malvern Ave and Carpenter Dam Rd in Hot Springs, within the Lakeside School District. Its intersection setting provides direct access to two named roads and places the property within a recognizable local trade area.

Key Highlights

  • 1,427‑square‑foot retail space
  • Vacant shell condition supports a future interior build‑out
  • Built in 2023

Property Analytics

Current Use

Subway Take-out & Catering SCT Physical Therapy Physician Spa City Therapy ... Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Restaurant Pharmacy HVAC Service Kitchen & Bath Showroom Storage Facility

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

214
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 99% Dining 1%
Shell Shops & Services
10,809 visits/mo 0.2 miles
Arvest Bank Shops & Services
4,321 visits/mo 0.2 miles
Daylight Donuts Dining
123 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Newly built retail space at a prominent intersection, offering a flexible shell for future interior build-out.
Where is this retail space located?
The property is located at 155 Carpenter Dam Rd Hot Springs, AR.
What are key features of this property?
This property features: 1,427‑square‑foot retail space; Vacant shell condition supports a future interior build‑out; Built in 2023
More about this property
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