Two-Building Auto Shop
For Sale
$750,000
207 and 209 Golf Links Rd, Hot Springs, AR 71901
Commercial / Industrial, Hot Springs, AR
Property Size3,974 SF
Lot Size0.52 Acres
Price / SF$188.73
Days on Market299
Property Features for 207 and 209 Golf Links Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Directions
Central S to L on Golf Links to properties on L
Subdivision
HOT SPRINGS SCHOOL DISTRICT
Standard status
Active
Size
3,974 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NW NW 16-03S-19W
Tax Annual Amount
2500
Legal Description
PT NW NW 16-03S-19W
Amenities
kitchen
office
bathroom with shower
overhead door
lifts
Building Details
Year built
1960
Floors in Building
1
Listing Agency:
Rix Realty Advantage Team Realtors
(501) 205-1900
Listed By:
Stephen Inman-Crawley · License #SA00076751
(501) 366-0259
Added: Nov 7, 2025
Changed: Aug 19
Last Checked: Sep 2 at 7:06AM
MLS# 25044761
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 Auto shops property includes two commercial buildings totaling 3,974 square feet on 0.52 acres. The improvements have been updated and offer distinct functional layouts. The building at 209 Golf Links Rd includes three service bays with lifts, an overhead door, office space, a kitchen area, and a bathroom with shower. The companion building at 207 Golf Links Rd provides additional commercial space with a bright interior and flexible configuration.
The property is located at 207 and 209 Golf Links Rd in Hot Springs, Arkansas, within ZIP code 71901. Its central setting and reported high daily traffic provide exposure for an automotive business, while the combination of service infrastructure and supporting office areas accommodates both operations and administration.
The property is located at 207 and 209 Golf Links Rd in Hot Springs, Arkansas, within ZIP code 71901. Its central setting and reported high daily traffic provide exposure for an automotive business, while the combination of service infrastructure and supporting office areas accommodates both operations and administration.
Key Highlights
- Two commercial buildings totaling 3,974 square feet
- 0.52‑acre property at 207 and 209 Golf Links Rd
- Three service bays with lifts
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
$38,377
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
5.12%
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%
$767,540
$767.5K
Cap Rate 7%
$548,243
$548.2K
Cap Rate 9%
$426,411
$426.4K
Market Conditions
NOI Build-Up for 3,974 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
$69.1K $17.40/SF
− Vacancy
−$5.2K −$1.31/SF
EGI
$64.0K $16.10/SF
− OpEx
−$25.6K −$6.44/SF
NOI
$38.4K $9.66/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
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%
$767,540
Cap Rate 7%
$548,243
Cap Rate 9%
$426,411
Alternative Uses
Best Use
Healthcare Medical
$548.2K
$479.7K – $639.6K
NOI $38,377 @ 7.0% cap · market cap 5.12%
Second Best
Office B
$545.1K
$476.9K – $635.9K
NOI $38,155 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$726.8K
$635.9K – $847.9K
NOI $50,874 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- American Auto Glass of Hot Springs — 3521 Central Ave, Hot Springs, AR 71913
- Honda Service — 109 McMahan St, Hot Springs, AR 71913, United States
- RJH Suspension & Engine — 111 Carl Dr, Hot Springs, AR 71913
- John's Honda — 111 Carl Dr, Hot Springs, AR 71913
- Bennett's Auto Services — 936 Golf Links Rd, Hot Springs, AR 71901
Frequently Asked Questions
What type of property is this?
Auto shop - Updated commercial improvements include service bays, office space, and an overhead door for automotive operations.
Where is this auto shop located?
The property is located at 207 and 209 Golf Links Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two commercial buildings totaling 3,974 square feet; 0.52‑acre property at 207 and 209 Golf Links Rd; Three service bays with lifts
