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    Specialty properties

    102 Coy Ct, Hot Springs, AR 71901

    0.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.7-acre commercial lot, located at 102 Coy Court in Hot Springs, Arkansas (zip code 71901), presents a unique investment opportunity. Situated on nearly an entire block, this property boasts a prime location directly across from US Forest Service land, offering breathtaking views and unparalleled access to outdoor recreation. The property is zoned C4, opening doors to a wide array of commercial ventures. Envision a thriving RV campground, capitalizing on the stunning natural surroundings and attracting outdoor enthusiasts seeking scenic hiking trails. The property's proximity to the forest provides a ready-made amenity, enhancing its appeal. A cell phone tower currently holds a perpetual lease on a portion of the land; however, this lease has no additional value unless expansion is requested. This is a rare chance to acquire a substantial parcel of land in a desirable location with significant development potential. The address is easily accessible, with directions from Little Rock involving taking West Grand Avenue and turning right onto Coy Street; the property is situated at the corner of Coy Street and Coy Court.

    Property profile
    Verified
    Property type Specialty properties
    Lot 0.7 ac (30,492 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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