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Commercially Zoned Development Land
For Sale
$418,176

000 Lot 1R2 Malvern Avenue, Hot Springs, AR 71901

COMMERCIAL - Hot Springs, AR

Property SizeContact for details
Lot Size0.80 Acres
Days on Market693

Property Features for 000 Lot 1R2 Malvern Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Metes & Bounds
Lot features Cleared
Elementary school Lakeside
Middle school Lakeside
High school Lakeside
Directions Grand East to South on Malvern to just past Lakeside schools adjacent to McDonalds
Standard status Active
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Lot 1R2
Tax Annual Amount 1500
Legal Description Lot 1R2
Listing Agency: CBRPM Hot Springs · Coldwell Banker Real Estate
Listed By: Todd Woerpel
Added: Oct 1, 2024 Changed: Aug 4 Last Checked: Aug 24 at 9:06PM
MLS# 24036565

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 offering is a commercial land parcel totaling 0.8 acres, zoned C2 in the Malvern Overlay District. The property is presented as a development site for businesses seeking a commercially zoned location within the overlay framework.

The site is described as highly visible and benefits from an estimated 22,000+/- vehicles per day traffic count. The surrounding area includes nearby rooftops and is positioned adjacent to the Lakeside School District and a McDonalds restaurant.

For buyers, this parcel may fit a range of commercial concepts consistent with C2 zoning and the Malvern Overlay District requirements. With the combination of street exposure and adjacency to established retail and institutional uses, the property provides a practical option for development planning where visibility and daytime activity matter.

Key Highlights

  • Commercially zoned C2
  • Located in Malvern Overlay District
  • High visibility location

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Florist Pet Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - C2-zoned land in the Malvern Overlay District with strong roadway visibility and nearby commercial and school uses.
Where is this commercial land located?
The property is located at 000 Lot 1R2 Malvern Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $418,176.
What are key features of this property?
This property features: Commercially zoned C2; Located in Malvern Overlay District; High visibility location
More about this property
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