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    OFF-MARKET
    Commercial real estate

    2088 Airport Rd, Hot Springs, AR 71913

    11.53 ac lot Built 1953
    Property ID
    US05-0292604
    Property summary
    AI-generated overview

    This exceptional 11.53-acre commercial property in Hot Springs, Arkansas, presents a remarkable investment opportunity. Located at 2088 Airport Rd, 71913, this prime parcel boasts excellent visibility and accessibility, situated on Airport Road and North Rodgers Road within a rapidly developing area. The property features two existing buildings, offering immediate potential for redevelopment or expansion. With a total of 50 parking spaces, the site is well-suited for a variety of commercial uses. The asking price is $675,000, translating to $58,542.93 per acre and $347.58 per square foot. All utilities are readily available, and the high traffic count ensures significant exposure for any business. The property is zoned NZN No Zoning, providing flexibility for future development plans. This location offers easy access from a five-lane highway with a center turning lane, making it an ideal site for developers seeking a high-impact commercial project. The property's APN is 100-14202-000. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Arkansas market. Don't miss this chance to capitalize on the potential of this exceptional property.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1953
    Lot 11.53 ac (502,247 SF)
    APN 100-14202-000
    UPID US05-0292604
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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