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    OFF-MARKET
    Community centers

    1384 Higdon Fry Rd, Hot Springs, AR 71913-6411

    6,308 SF 0.92 ac lot Built 2013
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-1565994
    Property summary
    AI-generated overview

    This exceptional 2,550-square-foot retail or restaurant space is situated in a thriving Hot Springs, AR location. Part of a three-suite, single-story building totaling 6,075 square feet, this property boasts a convenient drive-thru. The building was constructed in 2013 and features 51 parking spaces. This corner space enjoys high visibility on Higdon Ferry Road, benefiting from significant traffic counts (ARDOT GIS data: Highway 70 - 34,000 vehicles, Higdon Ferry Rd - 14,000 vehicles). The property is strategically located in a retail strip center alongside established businesses such as Elegant Nails and Panda Express. Its prime location offers easy access to major thoroughfares, including Highway 70, and is directly across from CHI St. Vincent Hot Springs Hospital. The 0.91-acre lot shares space with prominent national retailers including Sam's Club, Dick's Sporting Goods, PetSmart, Michael's, and Best Buy, ensuring high foot traffic and brand recognition. This is a remarkable opportunity for businesses seeking a high-traffic, well-established location in a bustling commercial area. The property offers a single-story building with multiple suites.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2013
    Total area 6,308 SF
    Lot 0.92 ac (39,901 SF)
    APN 400-18060-004-000C
    UPID US05-1565994
    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
    • Panda Express Restaurant
    • Elegant Nail Spa Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cft Nv Developments LLC · 6 yrs held
    Cft Nv Developments LLC
    since 2019
    4 recorded transactions
    2020
    2019
    $2.4M
    2014
    $2.1M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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