199 Acres in Hot
For Sale
$2,000,000
3061 N HWY 7, Hot Springs, AR 71909
RESIDENTIAL, Hot Springs, AR
Property SizeContact for details
Lot Size199.07 Acres
Days on Market188
Property Features for 3061 N HWY 7
General Information
Property type
Land
Property subtype
Other
Subdivision
Metes & Bounds
Lot features
Sloped, Level, Wooded, Cleared, Not in Subdivision, Will Subdivide, Out of City, Acreage
Elementary school district
Fountain Lake
Middle school district
Fountain Lake
High school district
Fountain Lake
Directions
Head East on MLK Expressway all the way to the end and continue straight onto N Hwy 7 for 4.8 miles. Property will be on the left beginning at the corner of N Hwy 7 and W Goathill Rd.
Standard status
Active
Lot size
199.07 Acres
Taxes and HOA fees
Tax Description
See survey in Associated Docs
Tax Annual Amount
577
Legal Description
See survey in Associated Docs
Listing Agency:
Hot Springs 1st Choice Realty
(501) 525-1600
Listed By:
Billy Ward · License #SA00077976
(501) 622-0221
Added: Feb 13
Changed: Aug 19
Last Checked: Aug 20 at 3:06PM
MLS# 154112
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This property features approximately 199 acres of land, with the possibility of subdivision. A 37.08-acre section includes approximately 2288 feet of frontage on N Hwy 7. This portion is flat and suitable for commercial development, with an additional 25.22 acres directly behind it. The remaining 136.77 acres are suitable for residential development, with a preliminary plat already prepared that includes 15 lots. The lot sizes vary between 3.24 acres and 23.63 acres. The property also has approximately 2186 feet of frontage on Goathill Rd. Electric, water, and gas utilities are available.
Key Highlights
- 37.08 acres with 2288 ft frontage on N Hwy 7: Flat and ready for commercial development.
- Potential for residential development: 136.77 acres with preliminary plat for 15 lots.
- Divisible land: Approximately 199 acres, with the possibility to subdivide.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 199 acres suitable for commercial or residential development.
Where is this commercial land located?
The property is located at 3061 N HWY 7 Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 37.08 acres with **2288 ft frontage on N Hwy 7**: Flat and ready for commercial development.; Potential for residential development: 136.77 acres with preliminary plat for 15 lots.; Divisible land: Approximately 199 acres, with the possibility to subdivide.
