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Property profile & analytics
OFF-MARKET Estimated value $560,000
Outlet malls

5609 Central Ave Hot Springs National Park, AR 71913-9647

7,848 SF 1 ac lot Built 2000
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-2168089
Property summary
AI-generated overview

This exceptional commercial property in Hot Springs, Arkansas, presents a unique investment opportunity. Situated on a 0.77-acre lot at 5609 Central Avenue, this 7,848 square foot building boasts a versatile open floor plan, ideal for a variety of commercial uses. Previously utilized as a gymnastics and cheerleading facility, the expansive interior offers ample space for customization and redevelopment. The property includes 35 parking spaces, with additional perimeter access enhancing convenience and functionality. Located on Central Avenue/Highway 7 South, the property benefits from high visibility and convenient access. A shared driveway with adjacent businesses (not included in the sale) provides added convenience. Road expansion projects in the area are complete, further enhancing accessibility and visibility. The asking price is below appraised value, making this a compelling investment opportunity. The property's size and location make it suitable for a wide range of commercial ventures, offering significant potential for return on investment. This is a rare chance to acquire a substantial commercial property in a thriving Arkansas market. The property is ready for its next chapter, offering a blank canvas for a creative entrepreneur or investor.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2000
Total area 7,848 SF
Lot 1 ac (43,560 SF)
APN 100-16317-000
UPID US05-2168089
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$684k
Blend (final) Blend
$560k
Owner & transaction history
Twelve Twenty Seven LLC · 5 yrs held
Twelve Twenty Seven LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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