Flexible Industrial
For Sale
$1,733,800
4884 Malvern Road Tract A Tract A, Hot Springs, AR 71901
Income-producing commercial property with shop, showroom, offices, utilities, and a short-term lease in place.
Property Size10,727 SF
Lot Size15.56 Acres
Price / SF$161.63
Days on Market47
Property Features for 4884 Malvern Road Tract A Tract A
General Information
Standard status
Active
Size
10,727 SF
Lot size
15.56 Acres
Property subtype
Commercial / Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
30 ft
Warehouse Space
5,000 SF
Office Build-Out
5,700 SF
Three-Phase Power
Yes
Amenities
glass entrance
showroom
spacious offices
private area with full kitchen
1.5 bathrooms
Building Details
Buildings
1
Building Size
10,727 SF
Tenancy
Single
Listing Agency:
CBRPM Hot Springs
(501) 525-7355
Listed By:
Todd Woerpel
(501) 622-8396
Source:
Arprorealty
Added: Sep 7
Changed: Oct 2
Last Checked: Oct 20 at 8:22PM
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
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Investment Insights
Based on property information with market context.
This flex-space property includes 15.56+ acres and a 10,727 SF building configured for industrial, showroom, office, and management functions. The 5,000 sf shop/warehouse has four 14’x14’ overhead doors, 30’ ceilings, and 3 phase power. The remaining 5,700 SF is finished with a glass entrance, showroom, spacious offices, a private area, full kitchen, and 1.5 bathrooms. All city utilities are on-site.
The property is located across highway 270E from the Garland County Fairgrounds. A short-term lease is currently in place, providing existing income while retaining future flexibility. The offering is identified as Tract A, with all or part of the acreage available.
The property is located across highway 270E from the Garland County Fairgrounds. A short-term lease is currently in place, providing existing income while retaining future flexibility. The offering is identified as Tract A, with all or part of the acreage available.
Key Highlights
- 15.56+ acres with a 10,727 SF flex‑space building
- 5,000 sf shop/warehouse with four 14’x14’ overhead doors
- 30’ ceilings and 3 phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,992
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,059,840
$2.1M
Cap Rate 7%
$1,471,314
$1.5M
Cap Rate 9%
$1,144,356
$1.1M
Market Conditions
NOI Build-Up for 10,727 SF
Gross rent
$154.5K $14.40/SF
− Vacancy
−$17.1K −$1.60/SF
EGI
$137.3K $12.80/SF
− OpEx
−$34.3K −$3.20/SF
NOI
$103.0K $9.60/SF
Area
Garland County, AR
Vacancy
11.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,059,840
Cap Rate 7%
$1,471,314
Cap Rate 9%
$1,144,356
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $102,992 @ 7.0% cap · market cap 5.94%
Second Best
Flex RnD
$937.5K
$820.3K – $1.09M
NOI $65,627 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,323 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
30 ft
Clear height
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Income-producing commercial property with shop, showroom, offices, utilities, and a short-term lease in place.
Where is this flex space located?
The property is located at 4884 Malvern Road Tract A Tract A Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,733,800.
What are key features of this property?
This property features: 15.56+ acres with a 10,727 SF flex‑space building; 5,000 sf shop/warehouse with four 14’x14’ overhead doors; 30’ ceilings and 3 phase power
