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    207 Airport Rd Hot Springs, AR 71913

    Sponsored
    For Sale
    $3,000,000

    Prime Retail Center: Vacant, High Traffic

    Property size:
    36,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 36,610-square-foot shopping center, located at 207 Airport Road in Hot Springs, Arkansas, is available for sale at $3,000,000. The property sits on a 4.48-acre lot and boasts a single-story building constructed in 1978. Currently vacant, this retail space offers significant potential for owner-users or investors. The center features a convenient signalized entrance with a cross access easement, providing excellent visibility and accessibility. With 223 parking spaces (a ratio of 5.57 per 1,000 square feet), ample parking is available for customers and employees. The property is zoned C-2, General Business District, and benefits from its location in a thriving commercial area, experiencing over 18,000 vehicles passing daily on Airport Road. This high-traffic location is strategically positioned alongside major retailers such as Kroger and Dollar Tree, and directly across from a Walmart Supercenter, ensuring high visibility and consistent foot traffic. The estimated CAM is $1.50 per square foot. This presents a unique opportunity to establish a business in a prime retail location within a bustling commercial corridor. The property's size, location, and amenities make it an ideal investment for a variety of retail businesses seeking high visibility and a strategic retail environment in Hot Springs, Arkansas. The zip code is 71913.

    Property Features for 207 Airport Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    36,610 SF
    Lot Size
    195,149 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    HighLights

    • CAM: $1.50/SF
    • 223 parking spaces (5.57/1,000 SF)
    • C‑2 General Business zoning
    • High traffic location: over 18,000 vehicles daily on Airport Road
    • Signalized access with cross access easement
    • Excellent visibility; adjacent to Kroger & Dollar Tree, across from Walmart Supercenter
    Property Profile Location Intelligence

    Current Use by Public Records

    Whit’s Barber Shop Barber Shop Big Lots Discount Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.086473668626
    Latitude
    34.489655415441

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Center: Vacant, High Traffic
    Where is this lifestyle center located?
    The property is located at 207 Airport Rd Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: CAM: $1.50/SF; 223 parking spaces (5.57/1,000 SF); C-2 General Business zoning
    Request Owner's contact information
    207 Airport Rd Hot Springs, AR 71913
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    Hot Springs, AR 71913
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 Airport Rd Hot Springs, AR 71913
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