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AR
Hot Springs National Park
71901
307 Carpenter Dm Rd E E Ste

Property profile

307 Carpenter Dm Rd E E Ste Hot Springs National Park, AR 71901

OFF-MARKET

Office buildings

Property ID

US05-0415142

3,408 SF 0.19 ac lot Built 2007

Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity

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This exceptional 0.19-acre commercial land parcel is situated within the prestigious Carpenter Professional Office Park in Hot Springs, Arkansas. Conveniently located off the MLK Expressway, this O-1 zoned lot offers a prime opportunity for office, medical, or service-related commercial development. The property boasts tranquil green space views and benefits from ample shared parking within the established office park. Its proximity to major retail centers on Central Avenue and Higdon Ferry Road (less than four miles away) provides excellent accessibility for both businesses and clients. The lot is ideally suited for build-to-suit projects, with provisions allowing for two-story buildings to maximize usable square footage. High visibility from Carpenter Dam Road ensures excellent signage opportunities. The asking price is $149,000. This build-ready site presents a compelling investment opportunity in a thriving, modern campus setting. The property's APN is 400-08610-005-000C and the address is 307 Carpenter Dam Road, Hot Springs, AR 71901.

Property type Office buildings

Use group OFFICE BUILDING

Year built 2007

Total area 3,408 SF

Lot 0.19 ac (8,059 SF)

APN 400-08605-005-000C

UPID US05-0415142

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Physician
Physician
Dental Office
Dental Office
Dental Office

307 Carpenter Dm Rd E E Ste Hot Springs National Park, AR 71901-8282

Hot Springs National Park metro Census 11602 HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

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Blend (final) Blend

$510k

since 2023

Last sale

$779,000

7 recorded transactions

2023

$779,000

2019

Price N/A

2019

Price N/A

2017

Price N/A

1969

Price N/A

1969

Price N/A

1969

Price N/A

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$305,000

3,634 SF

Vly St At Runyan St

OFFICE BUILDING

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Value Estimation
$295,000

3,500 SF

133 Arbor St Sta, Unit A

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133 Arbor St Sta, Hot Springs, AR 71901-3535

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Value Estimation
$370,000

3,841 SF

155 Grand Ave, Unit A

OFFICE BUILDING

155 Grand Ave, Hot Springs National Park, AR 71901-5441

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Value Estimation by Request
500 SF

534 Ouachita Ave Ste, Unit 3

OFFICE BUILDING

534 Ouachita Ave Ste, Hot Springs, AR 71901-5173

View Details
Value Estimation
$770,000

5,495 SF

210 Carpenter Dm Rd

OFFICE BUILDING

210 Carpenter Dm Rd, Hot Springs National Park, AR 71901-8219

View Details
Value Estimation
$390,000

2,852 SF

307 Carpenter Dm Rd Ste A

OFFICE BUILDING

307 Carpenter Dm Rd Ste A, Hot Springs National Park, AR 71901-8282

View Details

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