Shop/Warehouse with Office and
4884 Malvern Road #Tracts A&B Hot Springs, AR 71901
4884 Malvern Road #Tracts A&B, Hot Springs, AR, 71901
$2,486,000
For Sale
$2,486,000
Tracts A & B feature a shop/warehouse/office building with four 14'x14' overhead doors plus an on-site 1-bedroom apartment.
Property Size10,727 SF
Lot Size26.62 Acres
Price / SF$231.75
Days on Market108
Property Features for 4884 Malvern Road #Tracts A&B
General Information
- Standard status
- Active
- Size
- 10,727 SF
- Lot size
- 26.62 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1997
Listing agency
Cbrpm Hot Springs
(501) 622-8396
Listed by
Todd Woerpel
(501) 622-8396
Source
Proeliterealty
Added: Apr 6 Updated: Jul 20 at 2:28AM Checked: Jul 22 at 6:25AM
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 Cbrpm Hot Springs
Investment Insights
Based on property information with market context.
For Sale: Tracts A & B offer a highly visible, income-producing commercial property with approximately 600 feet of frontage along Highway 270E. The offering includes a 10,727 SF shop/warehouse/office building with four 14'x14' overhead doors and high ceilings, along with a spacious office/showroom area and a 1-bedroom apartment.
The property is located outside city limits and includes all city utilities on site. The remarks also note proximity to the Garland County Fairgrounds and other area businesses, supporting year-round visibility.
This combination of warehouse access, office/showroom space, and an on-site residence creates a flexible footprint for a variety of commercial operations where storage and administration can share the same facility. An adjacent residence at 4838 Malvern Rd is also available for purchase by CBRPM.
The property is located outside city limits and includes all city utilities on site. The remarks also note proximity to the Garland County Fairgrounds and other area businesses, supporting year-round visibility.
This combination of warehouse access, office/showroom space, and an on-site residence creates a flexible footprint for a variety of commercial operations where storage and administration can share the same facility. An adjacent residence at 4838 Malvern Rd is also available for purchase by CBRPM.
Key Highlights
- 26.62+ acre highly visible commercial property with approx. 600 ft of frontage along Highway 270E
- 10,727 SF shop/warehouse/office building built in 1997
- Building includes four 14' x 14' overhead doors, high ceilings, and a spacious office/showroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.5k | $14.40 |
| − Vacancy | −$17.1k | −$1.60 |
| EGI | $137.3k | $12.80 |
| − OpEx | −$34.3k | −$3.20 |
| NOI | $103.0k | $9.60 |
10,727 SF · lease $14.40/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $102,992 @ 7.0% cap · market cap 4.14%
Second Best
Flex RnD
$937.5K
$820.3K – $1.09M
NOI $65,627 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,323 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Tracts A & B feature a shop/warehouse/office building with four 14'x14' overhead doors plus an on-site 1-bedroom apartment.
Where is this flex space located?
The property is located at 4884 Malvern Road #Tracts A&B Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,486,000.
What are key features of this property?
This property features: 26.62+ acre highly visible commercial property with approx. 600 ft of frontage along Highway 270E; 10,727 SF shop/warehouse/office building built in 1997; Building includes four 14' x 14' overhead doors, high ceilings, and a spacious office/showroom
