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Property profile & analytics
OFF-MARKET
Land

0 Convention Blvd Hot Springs, AR 71901

1.09 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.088-acre commercial lot is situated on Convention Boulevard in Hot Springs, Arkansas, offering unparalleled development potential. The level lot boasts convenient access to all city utilities, simplifying construction plans. Its strategic location directly adjacent to the recently renovated Embassy Suites hotel provides immediate proximity to a thriving hospitality sector. Furthermore, the property's close proximity to the historic downtown area and the Hot Springs Convention Center, Arkansas' largest meeting and convention facility (360,000 square feet), ensures high visibility and accessibility. The Convention Center's impressive activity in 2022, hosting 223 events and attracting 233,962 attendees, underscores the significant foot traffic and economic activity in the immediate vicinity. This prime location presents a unique opportunity for a variety of commercial ventures, capitalizing on the area's robust tourism and business environment. The property's APN is 400-33350-001-001. Contact for pricing.

Property profile
Verified
Property type Land
Lot 1.09 ac (47,393 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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