0 Park Ave Ave Hot Springs, AR 71901
This exceptional 10.89-acre parcel presents a remarkable investment opportunity in Hot Springs, Arkansas. Boasting 168 feet of frontage on the newly expanded Highway 7N/Park Avenue, this large, level lot enjoys unparalleled visibility and accessibility. Its strategic location offers convenient proximity to downtown Hot Springs, placing it within easy reach of the city's amenities and vibrant atmosphere. Furthermore, the property's location is less than a mile from Fountain Lake Schools, making it an attractive option for residential development. Utilities are readily available at the roadside, simplifying the development process. The expansive size of the land allows for a variety of uses, from commercial ventures to residential projects, providing flexibility for diverse development plans. This property is zoned for residential use, offering a unique blend of accessibility and potential. The asking price for this exceptional parcel is $220,000. Don't miss this chance to acquire a highly desirable piece of land in a thriving Arkansas community. The address is Park Ave Avenue, Hot Springs, AR 71901, located in Garland County.
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.
Costs & Benchmarks
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.