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    Lakeland Dr Hot Springs, AR 71913

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    For Sale
    Contact for pricing

    Land for sale near commercial shopping center and city utilities.

    Lot size:
    3.11 Acres

    Property Features for Lakeland Dr

    General Information

    Lot size
    3.11 Acres
    Source: Moodyscre

    Listing Agent: Karolyn Fankhouser

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

    Overview

    Land Near Central Avenue

    Two tracts of land are available for purchase. Tract 1 encompasses approximately 8.0 acres, while Tract 2 consists of approximately 3.11 acres and may be purchased separately. The land is located just off Arkansas Highway 7 (Central Avenue), adjacent to a commercial shopping center. City utilities are available. The zoning is R4 - Medium Residential. Central Avenue experiences approximately 32,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.068787
    Latitude
    34.449862

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    FAQs

    What type of property is this?
    Land - Land for sale near commercial shopping center and city utilities.
    Where is this land located?
    The property is located at Lakeland Dr Hot Springs, AR.
    What are key features of this property?
    This property features: - High-traffic location: Approximately 32,000 vehicles per day on Central Avenue; - Zoned R4 - Medium Residential: Suitable for various residential development projects; - City utilities available: Ready access to essential services
    (501) 627-2141
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    Lakeland Dr Hot Springs, AR 71913
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    Hot Springs, AR 71913
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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
    Lakeland Dr Hot Springs, AR 71913
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