Commercial Development Land with Highway
For Sale
$2,000,000
3061 N HWY 7, Hot Springs, AR 71909
COMMERCIAL/INDUSTRIAL, 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
Commercial Sale
Property subtype
Other
Zoning
NZN No Zoning
Zoning description
NZN No Zoning
Subdivision
Metes & Bounds
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# 154118
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.
Approximately 199 acres of land is offered for sale, with the possibility of subdivision. A 37.08-acre tract fronts N Hwy 7 with approximately 2,288 feet of frontage and is described as flat and ready to build, positioned for commercial development, with 25.22 acres directly behind it.
The remaining 136.77 acres are described as suitable for residential development, with a preliminary plat already prepared showing 15 lots. Lot sizes vary between 3.24 acres and 23.63 acres. Additional road frontage is noted along Goathill Rd, with approximately 2,186 feet.
Electric, water, and gas are available on the property. Zoning is listed as NZN No Zoning.
The remaining 136.77 acres are described as suitable for residential development, with a preliminary plat already prepared showing 15 lots. Lot sizes vary between 3.24 acres and 23.63 acres. Additional road frontage is noted along Goathill Rd, with approximately 2,186 feet.
Electric, water, and gas are available on the property. Zoning is listed as NZN No Zoning.
Key Highlights
- 37.08 acres with 2288 ft frontage on N Hwy 7: Flat, ready for commercial development.
- Subdivision potential: Approximately 199 acres, possibly divisible.
- Residential development potential: 136.77 acres suitable for residential development with preliminary plat for 15 lots.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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 - Flat, ready-to-build acreage with extensive N Hwy 7 frontage and utilities available, suitable for commercial 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, ready for commercial development.**; Subdivision potential: Approximately 199 acres, possibly divisible.; Residential development potential: 136.77 acres suitable for residential development with preliminary plat for 15 lots.
