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    000 E Grand Ave Hot Springs, AR 71901

    For Sale
    $299,900

    Land - Hot Springs, AR

    Days on Market:
    111
    Last Refresh:
    Dec 10 at 8:06 pm

    Property Features for 000 E Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-G General Comm District,RN-5 Res Nbhd 5 District

    Building Details

    Architectural style
    Other

    ESQ. Realty Group-Hot Springs (501) 255-0509 [email protected]

    Listing agent Beau Durbin (501) 255-0509 License #PB00055248

    Listing date Aug 22, 2025

    MLS# 152241 Listing URL

    Copyright © 2025 Hot Springs Board of Realtors. 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 Land Investment Opportunity

    This 2.5-acre property is located along Grand Avenue, offering an investment opportunity in a high-traffic location at one of the main corridor entrances to Hot Springs. The site is next to the new Dodge's Store, with 1.5 acres zoned commercial (C-G General Commercial) and 1 acre zoned residential (RN-5). Completed soil testing, survey, feasibility study, and site prep estimate are available. A fully conceptualized plan already approved includes a public-private partnership with the Hot Springs Housing Authority, along with approved site plans for a 12-duplex development and a 33-unit micro home community. The property's location makes it suitable for both commercial and residential development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.041103076935
    Latitude
    34.509561153561

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    FAQs

    What type of property is this?
    Commercial land - 2.5-acre property ideal for commercial or residential development.
    Where is this commercial land located?
    The property is located at 000 E Grand Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - High-traffic location on Grand Avenue, a main corridor entrance to Hot Springs.; - Includes 1.5 acres zoned commercial (C-G) and 1 acre zoned residential (RN-5).; - Approved site plans for a 12-duplex development and a 33-unit micro home community.
    (501) 255-0509
    Request Owner's contact information
    000 E Grand Ave Hot Springs, AR 71901
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    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
    000 E Grand Ave Hot Springs, AR 71901
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