1104 Park Ave Hot Springs, AR 71901
This exceptional 16,985 square foot commercial lot presents a remarkable development opportunity in a highly desirable Hot Springs, Arkansas location. Situated on Park Avenue with convenient access from Edgewood Street, the property boasts two driveways, enhancing accessibility and potential uses. All city utilities are readily available on-site, simplifying development plans. The lot is zoned for commercial use, offering flexibility for a wide range of projects. Its location within a historically rich area of Hot Springs provides a unique setting for new construction. The ample space allows for significant development potential, making this an attractive investment for both experienced developers and those seeking a prime location for a new venture. The property's APN is 36526. This is a rare chance to acquire a substantial parcel in a prime Hot Springs location, ready for immediate development. The asking price is $99,950. The address is 1104 Park Ave, Hot Springs, AR 71901. Garland County.
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
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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.