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2 Airport Rd Hot Springs, AR 71913

OFF-MARKET Retail properties & Spaces Google Maps
38 ac lot Built 1900
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Exceptional development opportunity in Hot Springs, Arkansas, presents a 38-acre parcel ideally situated at 2 Airport Rd, offering significant frontage along Airport Road, Weston Road, and the MLK Expressway. This property boasts an extremely high daily traffic count, making it an attractive location for various commercial ventures. The land is zoned for both R-2 Suburban Residential and C-4 Regional Commercial uses, providing flexibility for diverse development plans. The existing zoning allows for a wide range of possibilities, from retail to industrial uses. The seller will consider subdividing the property to accommodate specific development needs. Built in 1900, this expansive lot provides ample space for large-scale projects. Public utilities including water, sewer, and electricity are readily available. Convenient highway frontage, proximity to the airport, and nearby interstate access ensure excellent connectivity and accessibility. The asking price is $675,000. This property presents a rare opportunity for significant return on investment. Further details are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Lot 38 ac (1,655,280 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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