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    3519 Central Ave Hot Springs, AR 71913

    Sponsored
    For Sale
    $1,200,000

    2.65 Acres, Central Ave Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.65-acre commercial land parcel in Hot Springs, Arkansas, is ideally situated on Central Avenue (Highway 7), offering unparalleled visibility and accessibility. Boasting over 186 feet of frontage along Highway 7 and additional frontage on two other streets, this level lot provides excellent exposure for a variety of commercial ventures. The property is conveniently located near new developments and the MLK Jr. Expressway, benefiting from high traffic counts—approximately 26,000 vehicles daily on Central Avenue. With all utilities readily available, this site is ready for immediate development. The C-4 Regional Commercial zoning allows for diverse uses, catering to the substantial residential population of over 30,000 within a 3-mile radius. This prime location presents a unique opportunity for developers or owner-users seeking a high-traffic, well-positioned commercial property in a thriving growth area. The asking price is $1,200,000, and the APN is 400-54655-001-000. This is a truly exceptional opportunity to capitalize on the dynamic growth of Hot Springs.

    Property Features for 3519 Central Ave

    General Information

    Property type
    Land
    Lot Size
    115,434 SF

    HighLights

    • Level lot with readily available utilities.
    • Corner lot with triple street frontage.
    • 186 feet of Highway 7 frontage.
    • High traffic count: approximately 26,000 vehicles daily on Central Avenue.
    • Excellent location near new developments and the MLK, Jr. Expressway.
    • C‑4 Regional Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.059552010556
    Latitude
    34.47099415216

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    FAQs

    What type of property is this?
    Land - 2.65 Acres, Central Ave Frontage
    Where is this land located?
    The property is located at 3519 Central Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Level lot with readily available utilities.; Corner lot with triple street frontage.; 186 feet of Highway 7 frontage.
    (501) 627-2141
    Request Owner's contact information
    3519 Central Ave 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
    3519 Central Ave Hot Springs, AR 71913
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