Property profile

2914 CENTRAL AVE Hot Springs, AR 71913

OFF-MARKET
Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Property ID
US05-0409760
5,266 SF 0.48 ac lot Built 1970
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Property summary

AI-generated overview

A commercial retail/office suite within Oaklawn Plaza is located on Hot Springs’ central, high-visibility Central Avenue frontage in front of the Oaklawn Hotel and Casino, with nearby restaurants, hotels, and residential development. The suite is positioned along Central Avenue near the connection to Vineyard St and between Central Avenue and Higdon Ferry Road, benefiting from substantial roadway traffic in the area. The space contains 825 square feet and is situated within a C-R Reg Comm District, providing a setting suitable for retail, office, and related commercial uses.

Property profile

Verified
Property type Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Year built 1970
Total area 5,266 SF
Lot 0.48 ac (20,865 SF)
APN 400-48000-007-000C
UPID US05-0409760

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

2914 CENTRAL AVE Hot Springs, AR 71913
Hot Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
Last sale
$473,500
1 recorded transaction
2021
$473,500
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