Hot Springs Commercial Land
For Sale
$489,000
Belvedere Drive, Hot Springs, AR 71901
LAND - Hot Springs, AR
Property SizeContact for details
Lot Size5.60 Acres
Days on Market955
Property Features for Belvedere Drive
General Information
Property type
Land
Property subtype
Other
Subdivision
Belvedere
Lot features
Level
Directions
From Fountain Lake heading towards Downtown Hot Springs on Hwy 7 turn right onto Belvedere Drive. Property will be on the left prior to Belvedere Condominiums.
Standard status
Active
Lot size
5.60 Acres
Taxes and HOA fees
Tax Description
Belvedere Sub.
Tax Annual Amount
2500
Legal Description
Belvedere Sub.
Listing Agency:
ArkBest Realty, Inc.
(501) 374-7222
Listed By:
Nathan Hutchins · License #EB00063530
(501) 912-3660
Added: Jan 11, 2024
Changed: May 21
Last Checked: Aug 23 at 4:06PM
MLS# 24001320
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 commercial property, formerly a full-size tennis court complex, presents a redevelopment opportunity. The 5.6-acre site is located in Hot Springs, Arkansas, and offers potential for a modern tennis or pickleball facility, recreational center, or other commercial uses. The property includes existing paved parking. While the courts require resurfacing or replacement, the location and layout provide a foundation for future development. This property is suitable for investors, sports facility operators, or entrepreneurs seeking a flexible-use property.
Key Highlights
- Rare opportunity for redevelopment into a tennis/pickleball facility, recreational center, or other commercial uses.
- Ample existing paved parking already in place.
- Strong location and layout provide a foundation for future development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Sports & entertainment property - Commercial land with redevelopment potential in Hot Springs, Arkansas.
Where is this sports & entertainment property located?
The property is located at Belvedere Drive Hot Springs, AR.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Rare opportunity for redevelopment into a tennis/pickleball facility, recreational center, or other commercial uses.; Ample existing paved parking already in place.; Strong location and layout provide a foundation for future development.
