0 Higdon Ferry Rd, Hot Springs, AR 71913
This exceptional investment opportunity encompasses approximately 34 acres of prime commercial and residential land in the thriving city of Hot Springs, Arkansas. The property is strategically situated with convenient access to both Higdon Ferry Road and Files Road, ensuring high visibility and accessibility. This expansive parcel is divided into two distinct lots, offering flexibility for various development scenarios. Lot 1 comprises approximately 23 acres and is listed at $5,900,000, while Lot 2 encompasses approximately 10.99 acres and is priced at $1,400,000. The combined offering of both lots totals approximately 34 acres for a total asking price of $7,300,000. Located within a bustling retail corridor, this property boasts some of the highest traffic counts in Hot Springs, making it an ideal location for a wide range of commercial ventures. The site presents significant potential for the development of commercial spaces, office buildings, or multifamily residential projects, catering to the growing demands of the area. This is a rare opportunity to acquire a substantial land holding in a prime location with exceptional growth potential. The property's size and location make it an attractive investment for developers seeking to capitalize on the vibrant Hot Springs market. Detailed site plans and zoning information are available upon request. The property is located in Garland County, Arkansas, with a 71913 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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