0 Catherine Heights Rd Hot Springs, AR 71901
This exceptional 18.03-acre parcel presents a remarkable development opportunity in Hot Springs, Arkansas. Strategically located at the corner of Malvern Avenue and Martin Luther King, Jr. Expressway, the property boasts approximately 1,450 feet of frontage on Catherine Heights Road. The land is zoned R-1, Rural Residential District, and is served by city utilities. Situated within the desirable Lakeside School District, this location offers significant advantages for residential or mixed-use projects. The property's APN is 300-07350-000. With an asking price of $1,400,000, this site offers strong potential given the robust demographics of the area, including an estimated average household income exceeding $142,523 within a one-mile radius. This prime location and zoning make it an ideal investment for discerning developers seeking a high-growth area in Hot Springs. The property's address is Catherine Heights Rd, Hot Springs, AR 71901, and its location offers easy access to major roadways. This is a rare opportunity to acquire a substantial land holding in a thriving community.
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.