Flat Commercial Development
For Sale
$2,000,000
3061 N Highway 7, Hot Springs, AR 71909
Flat, ready-to-build acreage with highway frontage and utilities available for commercial development or subdivision.
Property Size8,671,489 SF
Lot Size199.00 Acres
Price / SF$0.23
Days on Market188
Property Features for 3061 N Highway 7
General Information
Standard status
Active
Size
8,671,489 SF
Lot size
199.00 Acres
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$577
Listing Agency:
Hot Springs 1st Choice Realty
(501) 525-1600
Listed By:
Billy Ward · License #SA00077976
(501) 525-1600
Source:
Exprealty
Added: Feb 13
Changed: Aug 8
Last Checked: Jul 15 at 9:48PM
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 1st Choice Realty
Investment Insights
Based on property information with market context.
The offering includes approximately 199 acres of land with the potential to subdivide into multiple parcels. One highlighted tract is 37.08 acres described as flat, ready to build, and suitable for commercial development, with approximately 2,288 feet of frontage on N Hwy 7. Directly behind that front tract is 25.22 acres. The remaining 136.77 acres is positioned as additional acreage that could support a residential development concept, with a preliminary plat already prepared for 15 lots; lot sizes are noted as varying between 3.24 acres and 23.63 acres.
The property also has approximately 2,186 feet of frontage on Goathill Rd. Utilities are described as available, including electric, water, and gas, which can support development planning for a range of uses across the acreage.
For buyers evaluating a phased approach, the combination of highway frontage on N Hwy 7 for the commercial-ready portion, plus additional acreage behind it, may allow for structured planning around access, layout, and timing. For residential-focused buyers, the prepared preliminary plat for 15 lots provides a starting point for lot-level planning within the remaining acreage. Subdivision flexibility is specifically referenced, which can be helpful for assembling a development strategy that matches tenant or end-user needs.
The property also has approximately 2,186 feet of frontage on Goathill Rd. Utilities are described as available, including electric, water, and gas, which can support development planning for a range of uses across the acreage.
For buyers evaluating a phased approach, the combination of highway frontage on N Hwy 7 for the commercial-ready portion, plus additional acreage behind it, may allow for structured planning around access, layout, and timing. For residential-focused buyers, the prepared preliminary plat for 15 lots provides a starting point for lot-level planning within the remaining acreage. Subdivision flexibility is specifically referenced, which can be helpful for assembling a development strategy that matches tenant or end-user needs.
Key Highlights
- Approximately 199 acres of land, with potential to subdivide
- 37.08 acres is flat, ready to build, and has approx. 2,288 ft of frontage on N Hwy 7 for commercial development
- Includes 25.22 acres directly behind the N Hwy 7 tract
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Flat, ready-to-build acreage with highway frontage and utilities available for commercial development or subdivision.
Where is this commercial land located?
The property is located at 3061 N Highway 7 Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 199 acres of land, with potential to subdivide; 37.08 acres is flat, ready to build, and has approx. 2,288 ft of frontage on N Hwy 7 for commercial development; Includes 25.22 acres directly behind the N Hwy 7 tract
