Flex Space with Fenced
For Sale
Contact for pricing
685 Mid America Blvd, Hot Springs, AR 71913
Metal flex building combining warehouse, showroom, office, and secured outdoor yard space.
Property Size6,200 SF
Price / SF$0.77
Days on Market133
Property Features for 685 Mid America Blvd
General Information
Standard status
Active
Size
6,200 SF
Taxes and HOA fees
Annual Taxes
$2,995
Amenities
kitchen
restrooms
showers
upper-level storage
three overhead garage doors
fenced two-acre yard
Building Details
Buildings
1
Construction
metal
Listing Agency:
Coldwell Banker RPM Group-Hot
(501) 525-7355
Listed By:
Todd Woerpel
(501) 622-8396
Source:
Exprealty
Added: Jun 8
Changed: Oct 17
Last Checked: Oct 16 at 9:57AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,200-square-foot metal flex building combines 4,408 square feet of open shop or warehouse area with 1,792 square feet of remodeled office and showroom space. The office component includes a kitchen, restrooms, showers, and upper-level storage. Three overhead garage doors support access between the building and work areas.
A fenced two-acre yard provides secured outdoor space, and the property is situated within a growing industrial park in Hot Springs, Arkansas. The combination of shop, showroom, office, and yard areas creates a flexible commercial layout for a range of business uses.
A fenced two-acre yard provides secured outdoor space, and the property is situated within a growing industrial park in Hot Springs, Arkansas. The combination of shop, showroom, office, and yard areas creates a flexible commercial layout for a range of business uses.
Key Highlights
- 6,200‑square‑foot metal flex building
- 4,408 SF of open shop or warehouse space
- 1,792 SF of recently remodeled office and showroom area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,832
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,640
$396.6K
Cap Rate 7%
$283,314
$283.3K
Cap Rate 9%
$220,356
$220.4K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$29.8K $4.80/SF
− Vacancy
−$1.4K −$0.23/SF
EGI
$28.3K $4.57/SF
− OpEx
−$8.5K −$1.37/SF
NOI
$19.8K $3.20/SF
Area
Garland County, AR
Vacancy
4.80%
Lease Rate
$4.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,640
Cap Rate 7%
$283,314
Cap Rate 9%
$220,356
Alternative Uses
Best Use
Office B
$850.4K
$744.1K – $992.1K
NOI $59,527 @ 7.0% cap · market cap 1,253.20%
Second Best
Flex RnD
$541.9K
$474.1K – $632.2K
NOI $37,931 @ 7.0% cap · market cap 798.55%
Theoretical Best
Office A
$1.13M
$992.1K – $1.32M
NOI $79,370 @ 7.0% cap · market cap 1,670.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal flex building combining warehouse, showroom, office, and secured outdoor yard space.
Where is this flex space located?
The property is located at 685 Mid America Blvd Hot Springs, AR.
What are key features of this property?
This property features: 6,200‑square‑foot metal flex building; 4,408 SF of open shop or warehouse space; 1,792 SF of recently remodeled office and showroom area
