Flex Space with Outdoor
For Sale
Contact for pricing
2819 Mountain Pine Rd, Hot Springs, AR 71913
Functional commercial property combining office, warehouse, and secured exterior storage areas for operational flexibility.
Property Size3,636 SF
Lot Size26.49 Acres
Price / SF$116.89
Days on Market52
Property Features for 2819 Mountain Pine Rd
General Information
Standard status
Active
Size
3,636 SF
Class
B
Lot size
26.49 Acres
Property subtype
Industrial, Mixed Use, Land
Investment Type
Owner/User
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
960 SF
Dock-High Doors
1
Building Details
Year Built
1976
Year Renovated
2001
Buildings
2
Listing Agency:
Cushman & Wakefield - Sage Partners - Little Rock, Arkansas
Listed By:
Colby Hoagland · License #SA00088057
Source:
Crexi
Added: Aug 27
Changed: Oct 3
Last Checked: Oct 16 at 6:59AM
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 Cushman & Wakefield - Sage Partners - Little Rock, Arkansas
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Investment Insights
Based on property information with market context.
The property includes a 3,636-square-foot flex building on 26.49 acres, configured with three private offices, interior garage and storage areas, a kitchenette, and adaptable workspace. An adjoining 960-square-foot warehouse adds a dock-high loading door. Fenced outdoor storage and covered parking or storage areas supplement the enclosed improvements.
Built in 1976, the property is located at 2819 Mountain Pine Rd in Hot Springs, Arkansas. The combination of office, warehouse, loading, and exterior storage components supports continued commercial service operations and provides room for equipment storage, fleet use, or additional development across the acreage.
Built in 1976, the property is located at 2819 Mountain Pine Rd in Hot Springs, Arkansas. The combination of office, warehouse, loading, and exterior storage components supports continued commercial service operations and provides room for equipment storage, fleet use, or additional development across the acreage.
Key Highlights
- 3,636± SF flex building on 26.49± acres
- Adjacent 960± SF warehouse with dock‑high door
- Three private offices plus kitchenette and interior storage/garage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,245
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,900
$444.9K
Cap Rate 7%
$317,786
$317.8K
Cap Rate 9%
$247,167
$247.2K
Market Conditions
NOI Build-Up for 3,636 SF
Gross rent
$36.2K $9.96/SF
− Vacancy
−$2.0K −$0.55/SF
EGI
$34.2K $9.41/SF
− OpEx
−$12.0K −$3.29/SF
NOI
$22.2K $6.12/SF
Area
Garland County, AR
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,900
Cap Rate 7%
$317,786
Cap Rate 9%
$247,167
Alternative Uses
Best Use
Flex RnD
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 5.23%
Second Best
Warehouse
$201.8K
$176.5K – $235.4K
NOI $14,123 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$665.0K
$581.8K – $775.8K
NOI $46,547 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Dock-high doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Functional commercial property combining office, warehouse, and secured exterior storage areas for operational flexibility.
Where is this flex space located?
The property is located at 2819 Mountain Pine Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,636± SF flex building on 26.49± acres; Adjacent 960± SF warehouse with dock‑high door; Three private offices plus kitchenette and interior storage/garage areas
