534 Mid America Blvd Hot Springs, AR 71913
- Warehouses
- 7,500 SF
- 2.49 lot acres
Current Use by Public Records
- Denali Wood Solutions / Metal Machinery Supplier
- Dow Building Services / Janitorial Service
Property Details for 534 Mid America Blvd
- Year built
- 2012
- Lot size
- 2.49 lot acres
- Property size
- 7,500 SF
- Property type
- Warehouses
- APN
- 200-44950-046-000
- APU
- 20044950046000
Description
This exceptional investment opportunity presents a 7,500 square foot flex office/warehouse space located at 534 Mid America Blvd, Hot Springs, Arkansas, 71913. The property, built in 2012, sits on a 2.49-acre lot within the Mid America Industrial Park and boasts a 100% occupancy rate, generating a strong Net Operating Income (NOI) of $47,640. This translates to a compelling 5.54% capitalization rate and an asking price of $860,000, or $114.67 per square foot. The property features a fenced-in yard, providing ample secure outdoor space. This industrial-type property, classified as a net lease investment, offers a stable and attractive return for investors seeking a well-located, high-performing asset in a thriving market. The property's strong performance and desirable location make it an ideal addition to any investment portfolio. Detailed financial information is available upon request. This is a turnkey investment opportunity not to be missed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $525,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $595,000
- Mixed-Use
- $460,000
- Hospitality
- $560,000
- Educational
- $445,000
- Residential Income
- $560,000
- Energy
- $445,000
- Income-Based Land
- $530,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- Hot Springs National Park
- County
- Garland
- State
- Arkansas
- Longitude
- -93.1152
- Latitude
- 34.517
- CBSA code
- 26300
- CBSA name
- HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA