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Mixed-Use Property with Restaurant

4400 Albert Pike Road, Hot Springs, AR 71913

For Sale
$299,000

Commercial / Industrial, Traditional, Hot Springs, AR

Property Size1,786 SF
Lot Size2.25 Acres
Price / SF$167.41
Days on Market58

Property Features for 4400 Albert Pike Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use Commercial
Parking 20
Interior features Burglar Alarm, Kitchen Area, Smoke Detector
Exterior features Additional Outbuildings, Door Sign, Dumpster, Partially Fenced, Pole Sign, Wheelchair Accessible
Fencing Partial
Accessibility Accessible Approach with Ramp
Lot features Sloped, Level, Corner Lot
Directions Going West on Hwy 270 (Albert Pike) pass Mountain Pine Road. Property is on the Right between Jetson Loop and Geneva Dr..
Subdivision LAKE HAMILTON SCHOOL DISTRICT
Standard status Active
Size 1,786 SF
Lot size 2.25 Acres

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes
Business Included Yes

Additional Details

Automotive Uses dealership/vehicle sales

Taxes and HOA fees

Tax Description Block:1 Lots: 2,3,14,25 Cl. Rd
Tax Annual Amount 1234
Legal Description Block:1 Lots: 2,3,14,25 Cl. Rd

Building Details

Year built 1972
Floors in Building 1
Flooring type Concrete
Roof type Metal
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Exp Realty
Listed By: Jon Frey
Added: Sep 16 Changed: Nov 11 Last Checked: Nov 12 at 7:06AM
MLS# 26037856

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
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Investment Insights

Based on property information with market context.

A 1,786-square-foot commercial property in Hot Springs contains an operating restaurant and a car sales office. Interior features include a kitchen area, while exterior improvements include additional outbuildings, partial fencing, and a pole sign.

The 2.25-acre parcel fronts Albert Pike Road, also identified as Hwy 270. The property was built in 1972 and has a metal roof. A 6% cap rate is reported.

Key Highlights

  • 2.25‑acre parcel on Albert Pike Road (Hwy 270)
  • 1,786‑square‑foot property with restaurant and car sales office
  • Reported 6% cap rate

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,887
Cap Rate
6.32%
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 (±1% cap)
NOI $18,887 @ 7.0% cap · market cap 6.32%
Second Best
Retail
$201.5K
$176.3K – $235.0K (±1% cap)
NOI $14,102 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$326.6K
$285.8K – $381.1K (±1% cap)
NOI $22,864 @ 7.0% cap · market cap 7.65%
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

Jany’s Place Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Plumbing Service Furniture & Home Goods Hair 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

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The site combines restaurant operations with a car sales office on a 2.25-acre parcel.
Where is this mixed-use property located?
The property is located at 4400 Albert Pike Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2.25‑acre parcel on Albert Pike Road (Hwy 270); 1,786‑square‑foot property with restaurant and car sales office; Reported 6% cap rate
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