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    4704 Park Ave Hot Springs, AR 71901

    For Sale
    $850,000

    Acreage - Hot Springs, AR

    Lot size:
    33.00 Acres
    Days on Market:
    112
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 4704 Park Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    100-01400-000
    Lot size
    33.00 Acres

    Utilities

    Water front features
    Creek, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Smith & Associates Real Estate Services (479) 225-6995

    Listing agent Margaret Goodsole (479) 225-6995

    Listing date Aug 22, 2025

    MLS# 25022552 Listing URL

    Copyright © 2025 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.

    Overview

    33 Acres Commercial Land

    This is a 33-acre commercial property located at the southeast corner of Park Avenue and the new MLK Expressway/Highway 5 Bypass in Hot Springs, AR. The property has 570 feet of frontage on Park Avenue and over 1000 feet of visibility from the MLK Expressway. This acreage presents a development opportunity in Garland County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -92.979139523804
    Latitude
    34.579234335073

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with frontage on Park Avenue and MLK Expressway.
    Where is this commercial land located?
    The property is located at 4704 Park Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Prime commercial property location at the southeast corner of Park Avenue and MLK Expressway/Highway 5 Bypass.; - Approximately 33 acres of land.; - 1000+ feet of visibility from the MLK Expressway.
    (479) 225-6995
    Request Owner's contact information
    4704 Park 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
    4704 Park Ave Hot Springs, AR 71901
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