Property summary
This exceptional 2.5-acre commercial property, located at 3 Airport Road in Hot Springs, Arkansas, presents a unique investment opportunity. Boasting 108,900 square feet, this C-4 zoned land offers high visibility and easy access with a daily traffic count of 38,000 vehicles. The property features ample parking for 30 vehicles and all utilities are readily available. Built in 1900, this industrial property is priced at $975,000, or $390,000 per acre. The price per square foot is $8.95. Convenient highway frontage and proximity to an interstate provide excellent transportation links. The property's zoning, C-4 Regio Comm/Open Displ, allows for a variety of commercial uses. Additional land may be available upon request. Square footage is confirmed by Garland County Courthouse records. Public water and sewer are available. This prime location on Airport Road, with its center turning lanes, ensures optimal exposure for any business. Don't miss this chance to establish your business in a high-traffic area with excellent infrastructure.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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