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    FOR SALE
    Medical Office Space

    1419 Central Ave, Hot Springs, AR 71901

    1,432 SF 0.2 ac lot Built 1950
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US05-2206106
    Property summary
    AI-generated overview

    This versatile 1,432 square foot building in Hot Springs, Arkansas, presents a unique investment opportunity. Located at 1419 Central Avenue, this single-tenant property offers significant potential for a variety of uses, including office space, medical facilities, or accounting/CPA services. The property is classified as industrial, land, and special purpose, providing flexibility for diverse business needs. The building boasts convenient Central Avenue frontage and ample parking, with 8-10 spaces located at the rear. Situated in Garland County, Arkansas, with a zip code of 71901, this property is conveniently located within Hot Springs. The entire 1,432 square feet is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific requirements. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Hot Springs area. This is a single-tenant property, providing a straightforward ownership structure and management. The property's classification as both manufacturing and commercial further enhances its adaptability to a wide range of potential uses. This presents a rare opportunity to acquire a well-located, versatile property in a thriving Arkansas market.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1950
    Total area 1,432 SF
    Lot 0.2 ac (8,625 SF)
    APN 300-06432-000
    UPID US05-2206106
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    HOT SPRINGS CENTRAL AVE AR QOZB LLC
    HOT SPRINGS CENTRAL AVE AR QOZB LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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