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    865 Park Ave Hot Springs, AR 71901

    Sponsored
    For Sale
    $480,000

    Building and Land - Hot Springs, AR

    Property size:
    4,360 SF
    Lot size:
    0.08 Acres
    Days on Market:
    111
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 865 Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    10
    Size
    4,360 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    1922
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Built-Up
    Architectural style
    Other

    eXp Realty LLC (888) 854-7493 [email protected]

    Listing agent Emilia D'Auteuil (866) 720-5056

    Listing date Sep 17, 2025

    MLS# 22011637 Listing URL

    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.

    Overview

    Hot Springs Commercial Buildings Package

    Located in the historic uptown district of Park Ave in Hot Springs, AR, this investment opportunity consists of a commercial building with three units and a single-family residence. The commercial building, totaling 1,834 square feet, is suitable for use as a restaurant or club. The single-family residence is 882 square feet with 2 bedrooms and 1 bathroom. Additionally, there are two other buildings included in the package, measuring 684 square feet and 960 square feet respectively, each with its own entrance. The total property size is 4,360 square feet, situated on a lot of 0.08 acres. This property is located in an Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    B & R Sales ... Wholesale Florist Nettie’s Sports and Lounge Sports Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.049314
    Latitude
    34.529929

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    FAQs

    What type of property is this?
    Opportunity zone commercial real estate - Commercial buildings and single family residence in Hot Springs, AR.
    Where is this opportunity zone commercial real estate located?
    The property is located at 865 Park Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Opportunity Zone commercial buildings package in the Historic uptown district of Park Ave.; - Includes a commercial building with three units suitable for a restaurant or club.; - Consists of a commercial building (1,834 sq. ft.) and a single-family residence (882 sq ft, 2 bed 1 bath).
    (501) 627-4625
    Request Owner's contact information
    865 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
    865 Park Ave Hot Springs, AR 71901
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