Warehouse with Office and
For Sale
$2,486,000
4884 MALVERN Road Unit Tracts A&B, Hot Springs, AR 71901
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 Market114
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
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
office/showroom
1-bedroom apartment
Building Details
Year Built
1997
Listing Agency:
Coldwell Banker RPM Group-Hot
(501) 622-8396
Listed By:
Todd Woerpel
Source:
Whitestonearkansas
Added: Apr 14
Changed: Jul 22
Last Checked: Jul 24 at 2:02PM
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.
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
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 authorities.
Property Analytics
Current Use
Lease Details
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
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
