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Prime Commercial Land Opportunity
For Sale
$615,000

4704 Park Avenue, Hot Springs, AR 71901

LAND - Hot Springs, AR

Property SizeContact for details
Lot Size33.00 Acres
Days on Market441

Property Features for 4704 Park Avenue

General Information

Property type Land
Property subtype Other
Subdivision Not in Subdivision
Lot features Sloped, Level, Rural Property, River Front, Wooded, Not in Subdivision, Out of City, Unimproved, Pastureland, Timberland, Hunting/ Recreation
Elementary school Fountain Lake
Middle school Fountain Lake
High school Fountain Lake
Directions Property sits at the southeast corner of Park Ave and the new Hwy 5 bypass.
Standard status Active
APN 100-01400-000
Lot size 33.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT Nw NW & PT SW NW
Tax Annual Amount 300
Legal Description PT Nw NW & PT SW NW

Utilities

Water front features Creek
Water front 1
Listing Agency: Smith & Associates Real Estate Services
Listed By: Margaret Goodsole
Added: Jun 8, 2025 Changed: May 21 Last Checked: Aug 22 at 8:06AM
MLS# 25022552

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.

Investment Insights

Based on property information with market context.

This is approximately 33 acres of commercial property situated at the southeast corner of Park Avenue and the new MLK Expressway/Highway 5 Bypass. The property features 570 feet of frontage on Park Avenue, along with over 1000 feet of visibility from the MLK Expressway, presenting a development opportunity in Hot Springs, Arkansas.

Key Highlights

  • Prime commercial property at the southeast corner of Park Avenue and the MLK Expressway/Highway 5 Bypass.
  • High visibility with over 1000 feet of frontage on the MLK Expressway.
  • Boasts substantial Park Avenue frontage of 570 feet.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center 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

62
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 33 acres with high visibility in Hot Springs, Arkansas.
Where is this commercial land located?
The property is located at 4704 Park Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Prime commercial property at the southeast corner of Park Avenue and the MLK Expressway/Highway 5 Bypass.; High visibility with over 1000 feet of frontage on the MLK Expressway.; Boasts substantial Park Avenue frontage of 570 feet.
More about this property
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