Current Use by Public Records
- Retail properties & Spaces
Property Details for 1021 Airport Rd
- Year built
- 1961
- Lot size
- 13.13 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 13.13-acre commercial property, located at 1021 Airport Rd in Hot Springs, Arkansas (zip code 71913), presents a compelling investment opportunity. Priced at $2,300,000 ($153.42/sq ft), this prime location boasts excellent visibility and accessibility, situated on Airport Road and John Owens Road, with convenient freeway exit access. The property features three existing buildings constructed in 1961, offering ample potential for redevelopment or repurposing. The site includes 50+ parking spaces, a significant advantage for any commercial venture. The property's zoning allows for both R-2 Suburban Residential and C-4 Regio Comm uses, providing flexibility for a variety of development plans. High daily traffic counts of approximately 78,000 vehicles ensure substantial exposure. Building features include brick, siding, metal, and vinyl exteriors
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.1128
- Latitude
- 34.4768
