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Property profile & analytics
OFF-MARKET
Land

0 Catherine Heights Rd Hot Springs, AR 71901

18.03 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 18.03 ac (785,387 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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