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Thoroughbred Training and Rehab Facility
For Sale
$1,695,000

188 Lemay Place, Hot Springs, AR 71913

Purpose-built equine facility with a full-size sanctioned racetrack, 72-stall barn, and rehabilitation amenities on nearly 38 acres.

Property Size54,980 SF
Lot Size37.92 Acres
Days on Market67

Property Features for 188 Lemay Place

General Information

Standard status Active
Size 54,980 SF
Lot size 37.92 Acres
Property subtype Farm & Ranch

Amenities

full-size sanctioned racetrack
rehabilitation pool
hot and cold wash bays
two on-site apartments
office
dedicated equipment barn

Building Details

Building Size 54,980 SF
Year Built 1982
Stories 1
Listing Agency: Hot Springs Realty
Listed By: Scott Garibay · License #SA00045405
Source: Proeliterealty
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 22 at 1:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hot Springs Realty

Investment Insights

Based on property information with market context.

This equine facility is purpose-built for thoroughbred training and rehabilitation and includes a full-size sanctioned racetrack. The property features a state-of-the-art barn with 72 stalls, along with a rehabilitation pool and hot and cold wash bays.

On-site improvements also include office space, a dedicated equipment barn, and two apartments. Additional support comes from on-property rehabilitation and training infrastructure designed to support day-to-day operations.

The facility is presented as a turnkey offering, combining track, barn capacity, rehabilitation functions, and operational space in a single property.

Key Highlights

  • Purpose‑built 37.92‑acre thoroughbred training and rehabilitation facility (Year built 1982)
  • Full‑size sanctioned racetrack on site
  • State‑of‑the‑art barn with 72 stalls

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Storage Facility Plumbing Service Hair Salon

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

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Purpose-built equine facility with a full-size sanctioned racetrack, 72-stall barn, and rehabilitation amenities on nearly 38 acres.
Where is this horse & equestrian property located?
The property is located at 188 Lemay Place Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Purpose‑built 37.92‑acre thoroughbred training and rehabilitation facility (Year built 1982); Full‑size sanctioned racetrack on site; State‑of‑the‑art barn with 72 stalls
More about this property
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