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4884 MALVERN Road Unit Tracts A&B, Hot Springs, AR, 71901
Warehouse with Office and Apartment

4884 MALVERN Road Unit Tracts A&B Hot Springs, AR 71901

For Sale
$2,486,000

For sale on 26.62+ acres with about 600 feet of frontage, plus a 10,727 SF building featuring four overhead doors.

Property Size10,727 SF
Lot Size26.62 Acres
Price / SF$231.75
Days on Market101

Property Features for 4884 MALVERN Road Unit Tracts A&B

General Information

Standard status
Active
Size
10,727 SF
Lot size
26.62 Acres
Property subtype
Building and Land

Building Details

Year Built
1997
Listing Agency: Coldwell Banker RPM Group-Hot
Listed By: Todd Woerpel
Source: Whitestonearkansas
Added: Apr 14 Changed: Jul 22 Last Checked: Jul 23 at 5:30AM

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 Coldwell Banker RPM Group-Hot


Investment Insights

Based on property information with market context.

This for-sale commercial property includes Tracts A & B on 26.62+ acres with approximately 600 feet of frontage along Highway 270E. Improvements consist of a 10,727 SF shop/warehouse/office building with four 14’x14’ overhead doors, high ceilings, a spacious office/showroom area, and a 1-bedroom apartment.

Located outside city limits, the property includes all city utilities on site. The property is near the Garland County Fairgrounds and other area businesses.

The existing warehouse and office configuration, along with the apartment, provides a practical layout for a variety of commercial storage and operational uses, while maintaining the flexibility of having on-site living space. An adjacent residence at 4838 Malvern Rd is also available for purchase by CBRPM.

Key Highlights

  • 26.62+ acre commercial property with approx. 600 ft frontage along Highway 270E
  • 10,727 SF shop/warehouse/office building (Year built: 1997)
  • Building includes four 14' x 14' overhead doors and high ceilings

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 (±1% cap)
NOI $102,992 @ 7.0% cap · market cap 4.14%
Second Best
Flex RnD
$937.5K
$820.3K – $1.09M (±1% cap)
NOI $65,627 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M (±1% cap)
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

Affordable Buildings of Hot ... Production Facility

Suggested Use

Building Supply HVAC Service Real Estate Agency Auto Parts Store Electrical Service Storage Facility Pharmacy Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - For sale on 26.62+ acres with about 600 feet of frontage, plus a 10,727 SF building featuring four overhead doors.
Where is this flex space located?
The property is located at 4884 MALVERN Road Unit 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 commercial property with approx. 600 ft frontage along Highway 270E; 10,727 SF shop/warehouse/office building (Year built: 1997); Building includes four 14' x 14' overhead doors and high ceilings
More about this property
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