Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Malvern Ave Hot Springs, AR 71901-8313

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility lot, ideal commercial development.

    Property Features for 0 Malvern Ave

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Todd Woerpel
    Todd Woerpel

    Listing Agency: Coldwell Banker RPM Group Listing Agent: Todd Woerpel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 0-unit vacant land parcel, located on Malvern Avenue (Lot 1R2) in Hot Springs, Arkansas, presents a unique commercial development opportunity. Boasting a highly desirable C2 zoning within the Malvern Overlay District, this property benefits from exceptional visibility and a substantial daily traffic count exceeding 22,000 vehicles. Its strategic location offers immediate proximity to Lakeside Schools and a McDonald's restaurant, ensuring high foot traffic and strong brand recognition potential. The address is 71901-8313, with GPS coordinates 34.4716531 latitude and -92.9845488 longitude, situated in Garland County. The asking price for this prime commercial land is $418,176. The substantial daily traffic count, coupled with the presence of established businesses and schools in the immediate vicinity, makes this property an attractive investment for developers seeking a high-impact location with significant growth potential. The "lots of nearby rooftops" indicate a dense residential area, further enhancing the potential customer base for any commercial venture established on this site. This is a rare opportunity to acquire a commercially zoned lot in a thriving Arkansas community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -92.9845488
    Latitude
    34.4716531

    Nearby Similar for Sale

    • $499,000
      5,100 SF

      Versatile Warehouse on Usable Land

      5,100 sq ft warehouse on 1.43 acres in Hot Springs.
      1966 Airport Rd, Hot Springs, AR 71913
      View Details
    • $359,900
      5,788 SF

      Hot Springs Retail Investment Opportunity

      Well-maintained building with high visibility and storage on .20 acres.
      805 Hobson Ave, Hot Springs, AR 71913
      View Details
    • $599,000
      5,280 SF

      Versatile Commercial Building in Hot Springs

      5280 SF mixed-use building near historic downtown Hot Springs.
      450 Broadway St, Hot Springs, AR 71913
      View Details
    • New
      $132,500
      1,440 SF

      Updated Garage in Hot Springs

      Updated 1,440 SF garage with three bay doors.
      410 7Th St, Hot Springs, AR 71913
      View Details
    • $749,900
      2,070 SF

      Historic Downtown Commercial Building For Sale

      Iconic 1920 building in Historic Downtown Hot Springs.
      802 Central Ave, Hot Springs, AR 71901
      View Details
    • $695,000
      5,900 SF

      Hot Springs Shop and Office

      1.70 acre property with shop and office space.
      2208 Airport Rd, Hot Springs, AR 71913
      View Details
    • $695,000
      5,846 SF

      Hot Springs Commercial Building and Land

      1.7 acres with office and warehouse space on Airport Road.
      2208 Airport Rd, Hot Springs, AR 71913
      View Details
    • $960,000
      9,252 SF

      Updated Venue in Downtown Hot Springs

      Updated venue in historic district, suitable for various uses.
      1008 Central Ave, Hot Springs, AR 71901
      View Details
    • $399,000
      1,581 SF

      Hot Springs Office Building on Airport

      Well-maintained office building with high visibility on Airport Road.
      1501 Airport Rd Rd, Hot Springs, AR 71913
      View Details
    • $279,000
      3,180 SF

      Hot Springs Retail Opportunity

      Retail building and land in a treasured Hot Springs community.
      1003 Park Ave, Hot Springs, AR 71901
      View Details
    • $274,000
      1,219 SF

      Commercial Property Near Downtown Hot Springs

      Versatile commercial space on three city lots near downtown Hot Springs.
      901 Spring St, Hot Springs, AR 71901
      View Details
    • $453,900
      1,950 SF

      Hot Springs Farm with Renovated Home

      Renovated 4-bedroom home on 3+ acres near Lake Hamilton.
      1115 Albright Rd, Hot Springs, AR 71913
      View Details

    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal commercial development.
    Where is this land located?
    The property is located at Malvern Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $418,176.
    (501) 622-8396 Call to check price and availability
    Request Owner's contact information
    Malvern Ave Hot Springs, AR 71901-8313
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Malvern Ave
    Hot Springs, AR 71901-8313
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Malvern Ave Hot Springs, AR 71901-8313
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd Woerpel
    Todd Woerpel
    (501) 622-8396 (501) 525-7355 (501) 547-5124
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!