Two-Building Auto Service
For Sale
$700,000
Hot Springs, AR 71901, Hot Springs, AR 71901
Commercial / Industrial, Hot Springs, AR
Property Size3,974 SF
Lot Size0.52 Acres
Price / SF$176.14
Days on Market336
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Subdivision
HOT SPRINGS SCHOOL DISTRICT
Standard status
Active
Size
3,974 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2500
Amenities
kitchen
office
bathroom with shower
overhead door
lifts
Building Details
Year built
1960
Floors in Building
1
Listing Agency:
Rix Realty Advantage Team Realtors
(501) 205-1900
Listed By:
Stephen Inman-Crawley · License #SA00076751
(501) 366-0259
Added: Nov 7, 2025
Changed: Oct 8
Last Checked: Oct 9 at 5:06AM
MLS# 25044761
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property comprises two commercial buildings totaling 3,974 square feet on 0.52 acres. The auto service building includes three bays with lifts, an overhead door, a kitchen area, office space, and a bathroom with a shower. The second building has an updated interior and a flexible layout. The property was built in 1960.
Located in Hot Springs, the buildings are identified as 207 and 209 Golf Links. The source describes potential applications for the second building including daycare, medical office, and service business use.
Located in Hot Springs, the buildings are identified as 207 and 209 Golf Links. The source describes potential applications for the second building including daycare, medical office, and service business use.
Key Highlights
- Two commercial buildings totaling 3,974 square feet
- 0.52‑acre property in Hot Springs
- Auto service building has three bays with lifts and an overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,377
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,540
$767.5K
Cap Rate 7%
$548,243
$548.2K
Cap Rate 9%
$426,411
$426.4K
Market Conditions
NOI Build-Up for 3,974 SF
Gross rent
$69.1K $17.40/SF
− Vacancy
−$5.2K −$1.31/SF
EGI
$64.0K $16.10/SF
− OpEx
−$25.6K −$6.44/SF
NOI
$38.4K $9.66/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,540
Cap Rate 7%
$548,243
Cap Rate 9%
$426,411
Alternative Uses
Best Use
Healthcare Medical
$548.2K
$479.7K – $639.6K
NOI $38,377 @ 7.0% cap · market cap 5.48%
Second Best
Office B
$545.1K
$476.9K – $635.9K
NOI $38,155 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$726.8K
$635.9K – $847.9K
NOI $50,874 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - One building is equipped for vehicle service, while the second offers a flexible commercial interior.
Where is this auto shop located?
The property is located at Hot Springs, AR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two commercial buildings totaling 3,974 square feet; 0.52‑acre property in Hot Springs; Auto service building has three bays with lifts and an overhead door
