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    00 Belvedere Dr Hot Springs, AR 71901

    Sponsored
    For Sale
    $489,000

    Acreage - Hot Springs, AR

    Lot size:
    5.60 Acres
    Days on Market:
    195
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 00 Belvedere Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.60 Acres

    Building Details

    Architectural style
    Other

    ArkBest Realty, Inc. (501) 374-7222

    Listing agent Nathan Hutchins (501) 374-7222

    Listing date Jun 25, 2025

    MLS# 24001320 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hot Springs Commercial Land Opportunity

    This 5.6-acre commercial property, located in Hot Springs, Arkansas, presents a redevelopment opportunity. Formerly a full-size tennis court complex, the site could be transformed into a modern tennis or pickleball facility, recreational center, or other commercial venture. The property benefits from existing paved parking. While the tennis courts require resurfacing or replacement, the location and layout provide a foundation for future development. This property is suited for investors, sports facility operators, or entrepreneurs seeking a flexible-use property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tennis Courts & Clubs

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Kitchen & Bath Department Store Discount Store Nursing Home Wine and Liquor Store Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.012169330025
    Latitude
    34.546326764603

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    FAQs

    What type of property is this?
    Tennis Court / Club - 5.6 acres ideal for redevelopment in Hot Springs, Arkansas.
    Where is this tennis court / club located?
    The property is located at 00 Belvedere Dr Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity for tennis/pickleball facility or other commercial uses.; - Ample existing paved parking.; - Strong foundation for future development due to location and layout.
    (501) 912-3660
    Request Owner's contact information
    00 Belvedere Dr Hot Springs, AR 71901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Belvedere Dr Hot Springs, AR 71901
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