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    FOR SALE
    Commercial real estate

    101 Lookout Pt 2, Hot Springs, AR 71913

    2.59 ac lot
    Property ID
    US05-0105393
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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