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    Malvern Ave Hot Springs, AR 71901-8313

    Sponsored
    For Sale
    $418,176

    High-visibility lot, ideal commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 0-unit vacant land parcel, located on Malvern Avenue (Lot 1R2) in Hot Springs, Arkansas, presents a unique commercial development opportunity. Boasting a highly desirable C2 zoning within the Malvern Overlay District, this property benefits from exceptional visibility and a substantial daily traffic count exceeding 22,000 vehicles. Its strategic location offers immediate proximity to Lakeside Schools and a McDonald's restaurant, ensuring high foot traffic and strong brand recognition potential. The address is 71901-8313, with GPS coordinates 34.4716531 latitude and -92.9845488 longitude, situated in Garland County. The asking price for this prime commercial land is $418,176. The substantial daily traffic count, coupled with the presence of established businesses and schools in the immediate vicinity, makes this property an attractive investment for developers seeking a high-impact location with significant growth potential. The "lots of nearby rooftops" indicate a dense residential area, further enhancing the potential customer base for any commercial venture established on this site. This is a rare opportunity to acquire a commercially zoned lot in a thriving Arkansas community.

    Property Features for 0 Malvern Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -92.9845488
    Latitude
    34.4716531

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal commercial development.
    Where is this land located?
    The property is located at Malvern Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $418,176.
    (501) 547-5124
    Request Owner's contact information
    Malvern Ave Hot Springs, AR 71901-8313
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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
    Malvern Ave Hot Springs, AR 71901-8313
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