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Auto Shop with 3 Bays
For Sale
$124,900

410 seventh street, Hot Springs, AR 71913

Commercial / Industrial, Hot Springs, AR

Property Size1,440 SF
Lot Size0.07 Acres
Price / SF$86.74
Days on Market51

Property Features for 410 seventh street

General Information

Property type Commercial Sale
Property subtype Other
Parking 6
Directions From central avenue: Turn onto Grand Avenue, then turn left on 7th Street. Continue to 410 7th St; property is on the left.
Subdivision HOT SPRINGS SCHOOL DISTRICT
Standard status Active
Size 1,440 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description BLK E LOT S1/12 14
Tax Annual Amount 467
Legal Description BLK E LOT S1/12 14

Building Details

Year built 1970
Floors in Building 1
Listing Agency: Stafford Realtors
Listed By: Jennifer Hamby
Added: Sep 16 Changed: Oct 8 Last Checked: Nov 5 at 5:06AM
MLS# 26037868

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This vacant auto shop contains 1,440 square feet on a 0.07-acre parcel and was built in 1970. The building has three open bays for vehicle and equipment access, along with a recently installed roof. Its prior use as a mechanic and automotive garage provides a clear functional context for the existing layout.

Located at 410 Seventh Street in Hot Springs, Arkansas, the property is positioned within the 71913 ZIP code. The site can support vehicle work, equipment storage, or another commercial use consistent with the building’s configuration and applicable requirements.

Key Highlights

  • Three open bays provide vehicle and equipment access
  • New roof
  • 1,440 square feet on 0.07 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,370
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,400 $227.4K
Cap Rate 7%
$162,429 $162.4K
Cap Rate 9%
$126,333 $126.3K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$17.3K $12.00/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$16.2K $11.28/SF
− OpEx
−$4.9K −$3.38/SF
NOI
$11.4K $7.90/SF
Area
Garland County, AR
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,400
Cap Rate 7%
$162,429
Cap Rate 9%
$126,333

Alternative Uses

Best Use
Retail
$162.4K
$142.1K – $189.5K (±1% cap)
NOI $11,370 @ 7.0% cap · market cap 9.10%
Second Best
Flex RnD
$125.9K
$110.1K – $146.8K (±1% cap)
NOI $8,810 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$263.3K
$230.4K – $307.2K (±1% cap)
NOI $18,434 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Storage Facility Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
3
Service bays

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Cherry's mobile mechanics service — 300 Meadowbrook St, Hot Springs, AR 71913
  • My Project — 206 Sonnet St, Hot Springs, AR 71913
  • Western Auto — 1307 Albert Pike Rd, Hot Springs, AR 71913
  • Suntek Window Tint — 1101 Albert Pike Rd, Hot Springs, AR 71913
  • Spa City Tires — 901 Albert Pike Rd, Hot Springs, AR 71901

Frequently Asked Questions

What type of property is this?
Auto shop - Vacant commercial building with a new roof and vehicle-accessible openings.
Where is this auto shop located?
The property is located at 410 seventh street Hot Springs, AR.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Three open bays provide vehicle and equipment access; New roof; 1,440 square feet on 0.07 acres
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Includes: Price & PSF · Cap rate · Location · Zoning

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