Automotive Shop with Oil Change
New
For Sale
$445,000
3657 Malvern Road, Hot Springs, AR 71901
An existing vehicle-sales operation includes office space, repair areas, a car wash structure, and fenced outdoor space.
Property Size1,200 SF
Lot Size0.38 Acres
Price / SF$370.83
Days on Market2
Property Features for 3657 Malvern Road
General Information
Standard status
Active
Size
1,200 SF
Lot size
0.38 Acres
Property subtype
Commercial / Industrial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Crossroads Realty Group
(501) 232-1223
Listed By:
Danielle Blair · License #PB00081398
(501) 655-4699
Source:
Arprorealty
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:23AM
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 Crossroads Realty Group
Investment Insights
Based on property information with market context.
This automotive property includes office space, a shop with oil change bays, a separate auto repair area, and an adjacent car wash structure. The site also has a fenced section behind the building and is currently used as a car lot. Property size is listed as 1,200, and the site measures approximately 0.38 acres.
The property has 107 feet of road frontage. Its existing combination of office, shop, repair, car wash, and fenced areas supports a range of automotive-related operations.
The property has 107 feet of road frontage. Its existing combination of office, shop, repair, car wash, and fenced areas supports a range of automotive-related operations.
Key Highlights
- Currently operating as a car lot
- Shop building includes oil change bays and a dedicated auto repair area
- Adjacent car wash structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,690
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,800
$253.8K
Cap Rate 7%
$181,286
$181.3K
Cap Rate 9%
$141,000
$141.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$16.9K $14.10/SF
− OpEx
−$4.2K −$3.53/SF
NOI
$12.7K $10.58/SF
Area
Garland County, AR
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,800
Cap Rate 7%
$181,286
Cap Rate 9%
$141,000
Alternative Uses
Best Use
Specialty Retail
$181.3K
$158.6K – $211.5K
NOI $12,690 @ 7.0% cap · market cap 2.85%
Second Best
Retail
$135.4K
$118.4K – $157.9K
NOI $9,475 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$219.5K
$192.0K – $256.0K
NOI $15,362 @ 7.0% cap · market cap 3.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
17k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 20%
SONIC Drive In
Dining
13,289 visits/mo
0.1 miles
Phillips 66
Shops & Services
3,319 visits/mo
0.1 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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Similar Off Market Nearby
- Austin's Lakeside Auto Repair & Body Fender Repair — 271 Indian Springs Rd, Hot Springs National Park, AR 71901
- Skidz Jeep & 4X4 — 3593 Malvern Rd, Hot Springs, AR 71901
- Wheel Works of Arkansas, LLC — Hot Springs Hwy, Hot Springs, AR 71901
Frequently Asked Questions
What type of property is this?
Auto shop - An existing vehicle-sales operation includes office space, repair areas, a car wash structure, and fenced outdoor space.
Where is this auto shop located?
The property is located at 3657 Malvern Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Currently operating as a car lot; Shop building includes oil change bays and a dedicated auto repair area; Adjacent car wash structure
