295 Section Line Rd, Hot Springs, AR 71913-6433
This two-story, 5,532 square foot Class C medical office building in Hot Springs, Arkansas, is offered at $699,000 ($126.36/sq ft). Built in 2000, the multi-tenant property sits on a 0.56-acre lot with 100 feet of frontage on Section Line Road, enjoying high visibility with an estimated 6,500 vehicles passing daily. Currently at 25% occupancy, this presents a strong investment opportunity for medical professionals or investors. Its strategic location near the intersection of US Highway 70 and Higdon Ferry Road, and in close proximity to CHI St. Vincent Hospital and numerous national retailers and restaurants, ensures excellent access and high traffic. The building offers a unique chance to establish or expand a medical practice within a thriving commercial area of Hot Springs, benefiting from its rich history and dynamic business environment. The property consists of one building.
-
Ascension Wellness Clinic | Medical Marijuana Certifications Medical Certificate Service
-
Petra Allied Health, Inc. Medical School
-
9th Cloud Wellness Gym & Fitness Center Alternative Medicine Practice
-
Hot Springs Spine and Rehab Alternative Medicine Practice
-
Mark Burfeind Realtor® | Evermark Realty Group Inc. Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.