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    Carpenter Dam Rd Hot Springs, AR 71901

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    For Sale
    Contact for pricing

    Residential land with city utilities available near expressway.

    Lot size:
    28.21 Acres

    Property Features for Carpenter Dam Rd

    General Information

    Lot size
    28.21 Acres
    Source: Moodyscre

    Listing Agent: Karolyn Fankhouser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land on Carpenter Dam

    This property consists of two tracts of land. Tract 1 comprises 11.06 acres and has frontage on Carpenter Dam Road and Grand Point Drive. Tract 2 includes 17.12 acres and has frontage on Carpenter Dam Road and Lakepark Drive. The property is zoned R2, Suburban Residential. City utilities are available. The location is less than 1 mile from the expressway. The traffic count is 11,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.020699
    Latitude
    34.471269

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    FAQs

    What type of property is this?
    Land - Residential land with city utilities available near expressway.
    Where is this land located?
    The property is located at Carpenter Dam Rd Hot Springs, AR.
    What are key features of this property?
    This property features: - Two tracts totaling **28.18 acres** (11.06 acres + 17.12 acres); - Frontage on multiple roads including Carpenter Dam Rd, Grand Point Dr, and Lakepark Dr; - Less than 1 mile from Expressway
    (501) 627-2141
    Request Owner's contact information
    Carpenter Dam Rd 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

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    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
    Carpenter Dam Rd Hot Springs, AR 71901
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