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0 Mcleod St Hot Springs, AR 71913

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

Property summary

AI-generated overview

This exceptional 3-acre commercial property in Hot Springs, Arkansas, presents a remarkable investment opportunity. Located at 0 McLeod St, this strategically positioned corner lot boasts unparalleled visibility and accessibility, situated at Exit 3 of the MLK Expressway, experiencing a daily traffic count of 40,000 vehicles. The property is zoned C-4 Regio Comm/Open Displ, offering a wide range of development possibilities. Built in 1900, the land presents a blank canvas for ambitious commercial ventures. With a total asking price of $465,000, the land value equates to $155,000 per acre, reflecting its prime location and development potential. The property's address is 0 McLeod St, Hot Springs, AR 71913, in Garland County. Its geographic coordinates are latitude 34.4714646 and longitude -93.0830393. This high-traffic location ensures maximum exposure for any commercial enterprise, making it an ideal site for retail, industrial, or mixed-use development. Don't miss this chance to acquire a highly desirable commercial property in a thriving Arkansas market. The property's zoning and location combine to create a unique opportunity for significant return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Lot 3 ac (130,680 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

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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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