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    OFF-MARKET
    Land

    0 Higdon Ferry Rd, Hot Springs, AR 71913

    10.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10.99 ac (478,724 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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