3088 Spring St Hot Springs, AR 71901
This exceptional 28.14-acre commercial land parcel presents a unique investment opportunity in Hot Springs, Arkansas. Boasting an impressive 1,800 feet of highly visible frontage along the Hot Springs Bypass, at the intersection of the East Grand exit, and an additional 515 feet of frontage on Spring Street, this property offers unparalleled exposure. The site includes a substantial shop building, providing ample storage or workshop space. Further enhancing its versatility, the property features a freshwater pond and six RV hookups, ideal for temporary residence or recreational use. The land is fully fenced, ensuring security and privacy. Currently without zoning restrictions, this expansive tract allows for a wide range of development possibilities, from residential subdivisions to large-scale commercial ventures, including a church or significant business. The strategic location and extensive frontage make this an exceptional opportunity for investors seeking high-visibility land with significant development potential in a thriving Arkansas market. The asking price is $995,000. Located at 3088 Spring St, Hot Springs, AR 71901.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.