Commercial Land with Road
For Sale
$475,000
Reese Way, Hot Springs, AR 71901
Vacant Land, Hot Springs, AR
Property SizeContact for details
Lot Size1.08 Acres
Days on Market45
Property Features for Reese Way
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
East Ridge
Lot features
Level
Directions
From Central Avenue, Make a Left on W. Grand Avenue, Turn Right onto Malvern Avenue, Right onto Carpenter Dam.
Standard status
Active
Lot size
1.08 Acres
Taxes and HOA fees
Tax Description
Block/Lot: 001/005, East Ridge
Tax Annual Amount
2178
Legal Description
Block/Lot: 001/005, East Ridge
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Svetlana Simmons
(501) 363-0202
Added: Jul 29
Changed: Sep 6
Last Checked: Sep 11 at 2:06PM
MLS# 26031483
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 1.08-acre commercial land parcel is located on Reese Way within the East Ridge subdivision and includes frontage on Carpenter Dam Road. The site is vacant and suited to commercial development planning, with the surrounding setting identified for potential coffee shop, medical facility, or office concepts.
Carpenter Dam Road provides a visible corridor near the Malvern Avenue intersection, where the 2024 annual average daily traffic estimate is 13,000 vehicles per day. Lakeside School traffic contributes to the recorded activity along the road. The property is in Hot Springs, Garland County, Arkansas, with a 71901 postal code.
Carpenter Dam Road provides a visible corridor near the Malvern Avenue intersection, where the 2024 annual average daily traffic estimate is 13,000 vehicles per day. Lakeside School traffic contributes to the recorded activity along the road. The property is in Hot Springs, Garland County, Arkansas, with a 71901 postal code.
Key Highlights
- 1.08‑acre commercial land parcel
- Frontage on Carpenter Dam Road
- 2024 annual average daily traffic estimate of 13,000 vehicles per day
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial parcel with Carpenter Dam Road frontage and exposure to Lakeside School traffic.
Where is this commercial land located?
The property is located at Reese Way Hot Springs, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1.08‑acre commercial land parcel; Frontage on Carpenter Dam Road; 2024 annual average daily traffic estimate of 13,000 vehicles per day
