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Property profile & analytics
FOR SALE
Medical Office Space

1419 Central Ave Hot Springs, AR 71901

1,432 SF 0.2 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US05-2206106
Property summary
AI-generated overview

This versatile 1,432 square foot building in Hot Springs, Arkansas, presents a unique investment opportunity. Located at 1419 Central Avenue, this single-tenant property offers significant potential for a variety of uses, including office space, medical facilities, or accounting/CPA services. The property is classified as industrial, land, and special purpose, providing flexibility for diverse business needs. The building boasts convenient Central Avenue frontage and ample parking, with 8-10 spaces located at the rear. Situated in Garland County, Arkansas, with a zip code of 71901, this property is conveniently located within Hot Springs. The entire 1,432 square feet is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific requirements. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Hot Springs area. This is a single-tenant property, providing a straightforward ownership structure and management. The property's classification as both manufacturing and commercial further enhances its adaptability to a wide range of potential uses. This presents a rare opportunity to acquire a well-located, versatile property in a thriving Arkansas market.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Total area 1,432 SF
Lot 0.2 ac (8,625 SF)
APN 300-06432-000
UPID US05-2206106
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
HOT SPRINGS CENTRAL AVE AR QOZB LLC
HOT SPRINGS CENTRAL AVE AR QOZB LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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