Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Acreage Near Hot Springs Title is generated by Realmo AI

    384 Marla Marie Trl, Hot Springs, AR 71909

    View on Map
    Claim this Listing
    For Sale
    $85,000

    LAND - Hot Springs, AR

    Lot size:
    10.00 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    72
    Last Refresh:
    May 21 at 9:06 pm

    Property Features for 384 Marla Marie Trl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    100-04172-000
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Year
    2020
    Tax Description
    SW 1/4 NW1/4 S 28 Twp 1N R19W
    Tax Annual Amount
    50

    We can help!

    Listing Contact
    Jason Machen

    Listing agent Jason Machen

    Listing office Hot Springs 1st Choice Realty 135 Mall St, Hot Springs, AR

    Listing date Mar 11, 2026

    MLS# 26009399 Listing URL

    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.

    HighLights

    • 10 acres of unrestricted land offering privacy and flexibility.
    • Established homesite ready for immediate development.
    • Multiple potential build sites allowing for customization.
    • Minutes from Hot Springs Village and 20 minutes from downtown Hot Springs.
    • Located in the Fountain Lake School District.
    • Close proximity to Lake Ouachita and Lake Hamilton.

    Overview

    This 10-acre wooded property near Hot Springs offers privacy and space. The land is mostly wooded with a cleared area suitable for a home, cabin, or mobile home. The property previously had a mobile home, which has since been removed, leaving behind an established homesite. The acreage offers multiple potential build sites. Located in the Fountain Lake School District, the property is roughly 20 minutes from downtown Hot Springs, giving convenient access to shopping, dining, Oaklawn, and local attractions. The property is also convenient to both Lake Ouachita and Lake Hamilton.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Pharmacy Kitchen & Bath Showroom Storage Facility Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.048565
    Latitude
    34.619442

    Nearby Similar for Sale

    • $725,000
      3,915 SF

      Downtown Hot Springs Commercial Building

      Versatile commercial building with parking in downtown Hot Springs.
      1001 Central Avenue, Hot Springs, AR 71901
      View Details
    • $875,000
      3,974 SF

      Updated Buildings in High-Traffic Location

      Two modern commercial buildings suitable for various business uses.
      207 & 209 GOLF LINKS Road, Hot Springs, AR 71901
      View Details
    • $375,000
      1,680 SF

      Hot Springs Commercial Property For Sale

      Commercial property on Albert Pike Road, suitable for various businesses.
      711 ALBERT PIKE Road, Hot Springs, AR 71913
      View Details
    • $375,000
      1,680 SF

      Commercial Property on Albert Pike Road

      High-traffic location, flexible layout, ideal for various businesses.
      711 Albert Pike Road, Hot Springs, AR 71913
      View Details
    • $1,850,000
      7,176 SF

      Historic Bed-and-Breakfast on 5.41 Acres

      Restored 1910 Craftsman-style bed-and-breakfast bordering Hot Springs National Park.
      2009 PARK Avenue, Hot Springs, AR 71901
      View Details
    • $169,000
      4,360 SF

      Commercial Building For Sale

      Two well-maintained buildings with expansion potential in Hot Springs, AR.
      406 GULPHA, Hot Springs, AR 71901
      View Details
    • $450,000
      5,100 SF

      Versatile Warehouse on Usable Land

      5,100 sq ft warehouse on 1.43 acres in Hot Springs.
      1966 Airport Rd, Hot Springs, AR 71913
      View Details
    • $1,875,000
      15,000 SF

      Remodeled Commercial Building in Hot Springs

      15,000 SF remodeled building suitable for various business models.
      1100 & 1034 MALVERN Avenue, Hot Springs, AR 71913
      View Details
    • $994,400
      13,846 SF

      Multifamily Investment Opportunity Near Lake Hamilton

      19-unit multifamily property near Lake Hamilton in Hot Springs, AR.
      5703 CENTRAL AVENUE, Hot Springs, AR 71913
      View Details
    • $774,900
      4,284 SF

      Historic Hot Springs Bed & Breakfast

      Well-maintained 1905 home near downtown Hot Springs.
      318 Quapaw Avenue, Hot Springs, AR 71901
      View Details
    • $839,000
      2,100 SF

      Commercial Land and Building Opportunity

      High-visibility commercial property on a well-traveled corridor in Hot Springs.
      2711 Albert Pike, Hot Springs, AR 71913
      View Details
    • $695,000
      5,846 SF

      Hot Springs Commercial Building and Land

      1.7 acres with office and warehouse space on Airport Road.
      2208 Airport Road, Hot Springs, AR 71913
      View Details

    FAQs

    What type of property is this?
    Land - 10-acre wooded property near Hot Springs with no restrictions.
    Where is this land located?
    The property is located at 384 Marla Marie Trl Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: 10 acres of unrestricted land offering privacy and flexibility.; Established homesite ready for immediate development.; Multiple potential build sites allowing for customization.
    (501) 521-4271
    We can help!
    Listing Contact
    Jason Machen
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    384 Marla Marie Trl, Hot Springs, AR 71909
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!