814 Higdon Ferry Rd Hot Springs, AR 71913
- Office buildings
- 1,776 SF
- 0.21 lot acres
Current Use by Public Records
- Stephanie Morgan Realtor / Real Estate Agent
- Brittney Smith, Realtor / Real Estate Agent
Property Details for 814 Higdon Ferry Rd
- Year built
- 1945
- Lot size
- 0.21 lot acres
- Property size
- 1,776 SF
- Property type
- Office buildings
- APN
- 300-07713-000C
- APU
- 30007713000C
Description
This exceptional investment opportunity presents a 1,776 square foot, single-story office building located at 814 Higdon Ferry Rd, Hot Springs, Arkansas, 71913. The property sits on a 0.34-acre lot and boasts a strong net operating income (NOI) of $30,000, translating to a compelling 7.68% capitalization rate. Currently 100% occupied, this traditional office building is priced at $390,500, or $219.88 per square foot. Its prime location at a signalized intersection on Higdon Ferry Road ensures high visibility, with an estimated 13,500 vehicles passing daily. The property benefits from its proximity to Hot Springs' major retail arteries and is conveniently located just minutes from Oaklawn. This presents a rare chance to acquire a stable, high-performing asset in a desirable location with excellent growth potential. The building's single-story design and efficient layout contribute to its operational efficiency and appeal. This is a turnkey investment ready for immediate income generation. All financial information is based on current data and should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0632
- Latitude
- 34.476
- CBSA code
- 26300
- CBSA name
- HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA
