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    225 Lake Hamilton Dr Hot Springs, AR 71913

    Sponsored
    For Sale
    $499,000

    3 Acres, Prime Location, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3-acre commercial land parcel at 225 Lake Hamilton Drive in Hot Springs, Arkansas, presents a remarkable investment opportunity. Located in a gated and fenced community, this level lot boasts breathtaking views of Lake Hamilton, offering unparalleled visibility and desirability. Priced at $499,000, the property is ideal for a variety of commercial developments, including condominiums, townhomes, single-family residences, or garden homes. Its prime location provides easy access to major roadways and highways, ensuring convenient transportation and accessibility for businesses and residents alike. The property features an oversized entrance and an on-site retention pond. The secure gated and fenced environment offers an added layer of security and peace of mind. With its expansive size and desirable location, this property presents endless possibilities for developers and investors seeking to capitalize on the beauty and convenience of Lake Hamilton. The property is available for sale. The zip code is 71913, and the property is situated in Garland County. This is a rare opportunity to acquire a significant commercial land holding in a highly sought-after area.

    Property Features for 225 Lake Hamilton Dr

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial land parcel in Hot Springs, AR, priced at $499,000.
    • Located in a gated and fenced community with lake views.
    • Level lot suitable for various commercial developments (condos, townhomes, single‑family homes).
    • Excellent access to major roadways.
    • Features an oversized entrance and on‑site retention pond.
    • Located at 225 Lake Hamilton Drive, Hot Springs, AR 71913 (Garland County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.082906
    Latitude
    34.445293

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    FAQs

    What type of property is this?
    Land - 3 Acres, Prime Location, Stunning Views
    Where is this land located?
    The property is located at 225 Lake Hamilton Dr Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 3-acre commercial land parcel in Hot Springs, AR, priced at $499,000.; Located in a gated and fenced community with lake views.; Level lot suitable for various commercial developments (condos, townhomes, single-family homes).
    Request Owner's contact information
    225 Lake Hamilton Dr 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
    225 Lake Hamilton Dr Hot Springs, AR 71913
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