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    OFF-MARKET
    Land

    0 Airport Rd, Hot Springs, AR 71913

    27.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 27.33 ac (1,190,495 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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