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Commercial Development Land with Adjacent Lot
For Sale
$1,250,000

1906 Central Avenue, Hot Springs, AR 71901

COMMERCIAL - Hot Springs, AR

Property Size35,706 SF
Lot Size0.81 Acres
Price / SF$35.01
Days on Market24

Property Features for 1906 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Commercial
Subdivision Sanders
Lot features Level
Directions From the HSBOR Office: travel East along Orange St, turn right (South) along Central Avenue, lot is on the right (West) side of the road.
Standard status Active
APN 400-56700-002-000C
Size 35,706 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt lot 1 Sanders & Pt...
Tax Annual Amount 3441
Legal Description Pt lot 1 Sanders & Pt...

Building Details

Year built 1985
Listing Agency: Hot Springs 1st Choice Realty
Listed By: David Ratcliffe · License #EB00086961
Added: Jul 15 Changed: Aug 4 Last Checked: Aug 7 at 1:06PM
MLS# 26028498

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering consists of a commercially zoned land parcel totaling 0.81 acres, with an adjoining lot included. The combined land provides flexibility for expanded development or future growth, supporting a range of commercial concepts consistent with the site’s zoning.

The property is located on Central Avenue in Hot Springs, AR, positioned between Oaklawn Racing Casino Resort and Historic Downtown Hot Springs. Public remarks indicate the area serves steady traffic from locals and visitors year-round, contributing to high visibility along the corridor.

Prospective buyers should note the availability of two adjoining lots within this offering, creating additional site planning options for a single development or phased expansion, subject to all applicable approvals.

Key Highlights

  • Commercially zoned property on Central Avenue in Hot Springs
  • Over 23,000 vehicles pass daily along Central Avenue
  • Positioned between Oaklawn Racing Casino Resort and Historic Downtown Hot Springs

Property Analytics

Current Use

RED SEA FISH ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned lot on Central Avenue with an adjoining lot included for added development flexibility.
Where is this commercial land located?
The property is located at 1906 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Commercially zoned property on Central Avenue in Hot Springs; Over 23,000 vehicles pass daily along Central Avenue; Positioned between Oaklawn Racing Casino Resort and Historic Downtown Hot Springs
More about this property
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