Restaurant with Car Sales
For Sale
$315,000
4400 Albert Pike Rd, Hot Springs, AR 71913
Operating restaurant property with a car sales office and additional land for expansion or another business use.
Property Size1,786 SF
Lot Size2.25 Acres
Price / SF$176.37
Days on Market50
Property Features for 4400 Albert Pike Rd
General Information
Standard status
Active
Size
1,786 SF
Lot size
2.25 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,236
Listing Agency:
EXP Realty
(866) 720-5056
Listed By:
Jon Frey
(501) 625-0655
Source:
Exprealty
Added: Sep 17
Changed: Oct 25
Last Checked: Nov 4 at 1:39PM
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 EXP Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.25-acre commercial property includes an operating restaurant and a car sales office, with additional land available for expansion or the addition of another business. The improvements date to 1972.
The property is located along Highway 270, also identified as Albert Pike Road, at 4400 Albert Pike Road in Hot Springs, Arkansas. Its existing restaurant and automotive-related components create a combined commercial setting with multiple established uses on one site.
The property is located along Highway 270, also identified as Albert Pike Road, at 4400 Albert Pike Road in Hot Springs, Arkansas. Its existing restaurant and automotive-related components create a combined commercial setting with multiple established uses on one site.
Key Highlights
- 2.25‑acre commercial property
- Operating restaurant on site
- Car sales office included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,887
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,740
$377.7K
Cap Rate 7%
$269,814
$269.8K
Cap Rate 9%
$209,856
$209.9K
Market Conditions
NOI Build-Up for 1,786 SF
Gross rent
$26.8K $15.00/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$25.2K $14.10/SF
− OpEx
−$6.3K −$3.53/SF
NOI
$18.9K $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%
$377,740
Cap Rate 7%
$269,814
Cap Rate 9%
$209,856
Alternative Uses
Best Use
Specialty Retail
$269.8K
$236.1K – $314.8K
NOI $18,887 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$201.5K
$176.3K – $235.0K
NOI $14,102 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$326.6K
$285.8K – $381.1K
NOI $22,864 @ 7.0% cap · market cap 7.26%
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
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Home Improvements & Furnishings 43%
Tractor Supply Co.
Home Improvements & Furnishings
8,774 visits/mo
0.4 miles
Valero Energy
Shops & Services
7,547 visits/mo
0.4 miles
Circle K
Shops & Services
4,252 visits/mo
0.4 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant property with a car sales office and additional land for expansion or another business use.
Where is this conventional restaurant located?
The property is located at 4400 Albert Pike Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2.25‑acre commercial property; Operating restaurant on site; Car sales office included
