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    153 Franklin St Hot Springs, AR 71913

    For Sale
    $799,000

    Building and Land - Hot Springs, AR

    Property size:
    2,000 SF
    Lot size:
    3.16 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 153 Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RN-4 Res Nbhd 4 District
    Size
    2,000 SF
    Lot size
    3.16 Acres

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    2009
    Roof type
    Composition
    Architectural style
    Other

    Hot Springs Realty (501) 620-9991 [email protected]

    Listing agent Mary Jo Johnson (501) 620-9991 License #SA00058937

    Listing date Sep 5, 2025

    MLS# 145681 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

    Prime Location with Commercial Potential

    This property features a prime location with commercial potential, situated one block off Central Avenue and Higdon Ferry Road. The site encompasses 3.16 acres and includes a 2,000-square-foot office building, along with a 40x50 foot storage building constructed in 2011 at a cost of $50,000. The property is zoned C4 Neighborhood Commercial and is located minutes from Oaklawn Race Track & Casino. Its location provides convenient access to Lake Hamilton, various amenities, banks, grocery stores, and both fine and fast-food dining options. The property is also located close to the bypass, offering easy access to Hot Springs Village, Little Rock, and Texarkana. The property is located near shopping, Bath House Row, Promenade, Mid America Park Museum, and Garven Woodland Gardens.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Garden of Eden Inc Plant Nursery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -93.06147
    Latitude
    34.470605

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    FAQs

    What type of property is this?
    Commercial land - 3+ acres with buildings near Central Ave, Hot Springs.
    Where is this commercial land located?
    The property is located at 153 Franklin St Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime 3+ acre location one block from Central Ave (7 S) and Higdon Ferry Road.; - Zoned C4 Neighborhood Commercial, offering limitless business possibilities.; - Includes a 2000 sq ft office building and a 40X50 storage building (built in 2011).
    (501) 620-9991
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    153 Franklin St Hot Springs, AR 71913
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    Hot Springs, AR 71913
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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
    153 Franklin St Hot Springs, AR 71913
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