0 Airport Rd Hot Springs, AR undefined
This exceptional 16.63-acre commercial land parcel presents a unique investment opportunity in Hot Springs, Arkansas. Boasting over 1,600 feet of frontage along Airport Road, a major arterial with a daily traffic count exceeding 38,000 vehicles, this property offers unparalleled visibility and accessibility. Its strategic location provides convenient proximity to key attractions, including Lake Hamilton (1.5 miles), Oaklawn Racing Casino Resort (7 miles), and the Historic Bathhouse Row (7.5 miles), ensuring high traffic and potential for significant returns. The expansive lot size allows for a wide range of development possibilities, catering to diverse commercial ventures. Potential uses include, but are not limited to, multifamily housing, retail spaces, restaurants, hotels, and other commercial developments. This prime location and substantial acreage make this property an ideal investment for developers seeking a high-impact project in a thriving tourist destination. The property's high visibility and convenient access to major attractions make it an exceptional opportunity for a variety of commercial uses. Don't miss this chance to acquire a significant piece of Hot Springs real estate.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.