Automotive Property with Pole
New
For Sale
$300,000
207 GOLF LINKS Road, Hot Springs, AR 71901
COMMERCIAL/INDUSTRIAL, Hot Springs, AR
Property Size1,474 SF
Lot Size0.26 Acres
Price / SF$203.53
Days on Market1
Property Features for 207 GOLF LINKS Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-N Nbhd Comm District,C-
Zoning description
C-N Nbhd Comm District, C-MU Comm MxUse District
Exterior features
Partially Fenced, Pole Sign
Fencing
Partial
Directions
Central South to L On Golf Links to properties on L
Subdivision
HOT SPRINGS
Standard status
Active
Size
1,474 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NW NW STR 16-03S-19W Unplanted Hot Springs Garland County AR PARCEL ID 52190
Tax Annual Amount
987
Legal Description
PT NW NW STR 16-03S-19W Unplanted Hot Springs Garland County AR PARCEL ID 52190
Building Details
Year built
1960
Floors in Building
1
Flooring type
Wood
Roof type
Metal, Composition
Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Stephen Inman-Crawley · License #SA00076751
(501) 366-0259
Added: Sep 11
Last Checked: Sep 11 at 5:06PM
MLS# 157190
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 1,474-square-foot commercial property occupies 0.26 acres at 207 Golf Links Road in Hot Springs. Built in 1960, the building features wood flooring, partial fencing, a pole sign, and a roof system combining metal and composition materials. The interior is described as updated, bright, and ready for occupancy, with a configuration that can accommodate different operating needs.
The property is zoned C-N Neighborhood Commercial District and is identified for potential use as a daycare, medical office, service business, or car dealership. Its Hot Springs location and existing sign structure provide a defined commercial setting for an owner-user or operator seeking an adaptable automotive-oriented property.
The property is zoned C-N Neighborhood Commercial District and is identified for potential use as a daycare, medical office, service business, or car dealership. Its Hot Springs location and existing sign structure provide a defined commercial setting for an owner-user or operator seeking an adaptable automotive-oriented property.
Key Highlights
- 1,474‑square‑foot commercial building on 0.26 acres
- C‑N Neighborhood Commercial District zoning
- Pole sign and partially fenced site
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
$14,234
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
4.74%
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%
$284,680
$284.7K
Cap Rate 7%
$203,343
$203.3K
Cap Rate 9%
$158,156
$158.2K
Market Conditions
NOI Build-Up for 1,474 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
$25.6K $17.40/SF
− Vacancy
−$1.9K −$1.31/SF
EGI
$23.7K $16.10/SF
− OpEx
−$9.5K −$6.44/SF
NOI
$14.2K $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%
$284,680
Cap Rate 7%
$203,343
Cap Rate 9%
$158,156
Alternative Uses
Best Use
Healthcare Medical
$203.3K
$177.9K – $237.2K
NOI $14,234 @ 7.0% cap · market cap 4.74%
Second Best
Retail
$166.3K
$145.5K – $194.0K
NOI $11,639 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$269.6K
$235.9K – $314.5K
NOI $18,870 @ 7.0% cap · market cap 6.29%
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
447
Businesses Nearby
173k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 29%
Groceries 15%
Apparel 2%
Kroger
Groceries
25,947 visits/mo
0.4 miles
McDonald's
Dining
23,006 visits/mo
0.3 miles
SONIC Drive In
Dining
20,873 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
15,647 visits/mo
0.5 miles
Cicis
Dining
9,407 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Automotive property - Move-in-ready commercial space with wood flooring, partial fencing, and a flexible layout for several stated business uses.
Where is this automotive property located?
The property is located at 207 GOLF LINKS Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,474‑square‑foot commercial building on 0.26 acres; C‑N Neighborhood Commercial District zoning; Pole sign and partially fenced site
