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    3539 Central Ave Hot Springs, AR 71913

    Individual retail properties Google Maps
    14,700 SF 1.4 ac lot Built 2013
    Entity Owned 9-yr Hold Free & Clear
    3539 Central Ave, Hot Springs, AR 71913 For Lease
    Contact for pricing 14,700 SF available
    3539 Central Ave, Hot Springs, AR 71913
    View Listing →
    Estimated value (blended)
    $345k
    Range $311k – $380k (±10%)
    Property ID US05-2245314

    Property summary

    AI-generated overview

    This single-story, 14,700 square foot retail building is located at 3539 Central Avenue in Hot Springs, Arkansas. Built in 2013, this Class C property sits on a 1.4-acre lot and features nine suites with a total of 3,807 square feet currently vacant. Two available spaces offer 1,425 and 2,382 square feet respectively, each with a gross lease rate of $19.00 per square foot. The property enjoys high visibility on Central Avenue, boasting approximately 26,000 daily vehicle counts. Current tenants include established businesses such as Pizza Hut, Mary's Nails & Spa, and The Specific Chiropractic Center. Its proximity to Oaklawn Racing Casino and Resort provides exceptional access to a large customer base. The property's APN is 400-54850-022-000, and it's situated in Garland County, Arkansas, zip code 71913. This presents a strong opportunity for businesses seeking high-traffic retail space in a thriving Hot Springs location.

    Property profile

    Verified
    Property type Individual retail properties
    Use group BARBER, HAIR SALON
    Year built 2013
    Total area 14,700 SF
    Lot 1.4 ac (60,810 SF)
    APN 400-54850-022-000
    UPID US05-2245314

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Restaurant
    • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    • Alternative Medicine Practice
    • Nail Salon
    • Take-out & Catering
    5 occupants on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $345k

    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $395,000
      5,096 SF
      3136 Albert Pike Rd
      BARBER, HAIR SALON
      3136 Albert Pike Rd, Hot Springs National Park, AR 71913-2651
      View Details
    • Value Estimation
      $185,000
      2,880 SF
      6700 Central Ave
      LIQUOR STORE
      6700 Central Ave, Hot Springs National Park, AR 71913
      View Details
    • Value Estimation by Request
      3,220 SF
      720 Albert Pike Rd
      LAUNDROMAT (SELF-SERVICE)
      720 Albert Pike Rd, Hot Springs, AR 71913
      View Details
    • Value Estimation
      $135,000
      1,480 SF
      711 Higdon Fry Rd
      BARBER, HAIR SALON
      711 Higdon Fry Rd, Hot Springs, AR 71913-6131
      View Details
    • Value Estimation
      $230,000
      11,010 SF
      235 Massey Rd
      GYM, HEALTH SPA
      235 Massey Rd, Hot Springs National Park, AR 71913
      View Details
    • Value Estimation
      $405,000
      4,800 SF
      4738 Central Ave
      LIQUOR STORE
      4738 Central Ave, Hot Springs, AR 71913-7406
      View Details

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    Similar Nearby for Lease

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    • New
      $1,500/Mo
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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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