0 Airport Rd, Hot Springs, AR 71913
This exceptional 27.33-acre commercial land parcel presents a unique investment opportunity in Hot Springs, Arkansas. Located on Airport Road, this property boasts approximately 464 feet of frontage on Highway 70, providing excellent visibility and accessibility. Its strategic location offers close proximity to Hot Springs Airport, ensuring convenient transportation links. The area is experiencing significant growth, with nearby established businesses including Walmart and Kroger, further enhancing the property's potential. The site is also conveniently situated just off the Highway 70 exit of the Martin Luther King Jr. Expressway, ensuring easy access for customers and employees. The property is zoned M-1, allowing for a variety of commercial uses. Utilities are readily available, with sewer and water lines located near the property. Priced at $2.00 per square foot, or approximately $2,381,000, this land offers significant potential for development and strong returns. The expansive lot size and prime location make this an exceptional opportunity for investors seeking to capitalize on the thriving commercial landscape of Hot Springs. The property is situated in Garland County, Arkansas, with a 71913 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.