Property profile

101 Lookout Pt 2 Hot Springs, AR 71913

FOR SALE
Other land
Property ID
US05-0105393
2.59 ac lot
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Property summary

AI-generated overview

The property is a 1.15-acre commercial lot located at the corner of Highway 7 South and Lookout Point in Hot Springs, Arkansas. The site includes approximately 175 feet of waterfront frontage and offers east and west-facing views. It is configured for waterfront commercial development and may be suitable for uses such as hospitality and dining, including restaurant, hotel, or residential condominium development. A partial survey is available.

Property profile

Verified
Property type Other land
Lot 2.59 ac (112,820 SF)
UPID US05-0105393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Lookout Pt, Unit 2 Hot Springs, AR 71913
Hot Springs metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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