Property profile

0 Airport Rd Hot Springs, AR undefined

OFF-MARKET
Land
16.63 ac lot
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Property summary

AI-generated overview

This exceptional 16.63-acre commercial land parcel presents a unique investment opportunity in Hot Springs, Arkansas. Boasting over 1,600 feet of frontage along Airport Road, a major arterial with a daily traffic count exceeding 38,000 vehicles, this property offers unparalleled visibility and accessibility. Its strategic location provides convenient proximity to key attractions, including Lake Hamilton (1.5 miles), Oaklawn Racing Casino Resort (7 miles), and the Historic Bathhouse Row (7.5 miles), ensuring high traffic and potential for significant returns. The expansive lot size allows for a wide range of development possibilities, catering to diverse commercial ventures. Potential uses include, but are not limited to, multifamily housing, retail spaces, restaurants, hotels, and other commercial developments. This prime location and substantial acreage make this property an ideal investment for developers seeking a high-impact project in a thriving tourist destination. The property's high visibility and convenient access to major attractions make it an exceptional opportunity for a variety of commercial uses. Don't miss this chance to acquire a significant piece of Hot Springs real estate.

Property profile

Verified
Property type Land
Lot 16.63 ac (724,403 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Airport Rd Hot Springs, AR undefined
Hot Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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