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Property profile & analytics
FOR LEASE
Banks

135 Section Line Rd Hot Springs, AR 71913

31,716 SF 3.33 ac lot Built 2000
Individually Owned 2-yr Hold Free & Clear
Property ID
US05-2227002
Property summary
AI-generated overview

This exceptional three-story Class B office building, constructed in 2000, offers a variety of flexible workspace solutions in the heart of Hot Springs, Arkansas. Located at 135 Section Line Rd, this 31,716 square foot building sits on a 3.33-acre lot and provides excellent visibility from the highway. The property features a single building with multiple tenants and offers several available suites ranging in size from 399 to 4,966 square feet. The building's traditional office spaces are complemented by executive office and coworking options, catering to diverse business needs. Its strategic location across from CHI St. Vincent Hot Springs hospital and amidst a cluster of medical offices ensures high traffic and convenient access for clients and employees. The full-service lease rate is $18.00 per square foot. This property presents a unique opportunity for businesses seeking a prominent and well-connected address in a thriving Garland County market. The building's 2000 construction date suggests modern amenities and efficient layouts. The available spaces are ideal for businesses of various sizes, from small startups to established companies requiring larger footprints. The property's location offers unparalleled convenience and visibility, making it an attractive option for businesses seeking to establish or expand their presence in Hot Springs.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2000
Total area 31,716 SF
Lot 3.33 ac (145,055 SF)
APN 300-08064-000
UPID US05-2227002
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Healthy Connections, Inc., Administrative Office Charitable Organization Social Service Agency
  • Waco Title Hot Springs Title Company
  • Arvest Bank ATM with Live Teller Financial Advisor
  • Legacy Law Group: Strause Michelle Law Firm
  • Arvest Bank Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.05M
Owner & transaction history
Cindy Van Horn · 2 yrs held
Cindy Van Horn
since 2023
2 recorded transactions
2024
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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