101 Lookout Pt 2, Hot Springs, AR 71913
For Sale
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This exceptional 2.59-acre property, located at 101 Lookout Point in Hot Springs, Arkansas (zip code 71913), presents a unique development opportunity on the shores of Lake Hamilton. Boasting 592 feet of stunning lake frontage, this land offers unparalleled views and a highly desirable location. The property is zoned as "No Zoning," providing flexibility for a wide range of development possibilities. Envision a multifamily residential complex, a luxurious hotel, a lakeside restaurant, or a combination of uses to capitalize on this prime real estate. The expansive lot size and exceptional lake views make this a truly rare find. The asking price is $2,095,000. Its location in Garland County, Arkansas, offers easy access to local amenities and attractions. The property's versatility and breathtaking location make it an ideal investment for developers seeking a high-impact project with significant potential for return. This is a rare chance to acquire a substantial piece of Lake Hamilton waterfront property ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.