307 Carpenter Dm Rd E E Ste, Hot Springs National Park, AR 71901-8282
This exceptional 0.19-acre commercial land parcel is situated within the prestigious Carpenter Professional Office Park in Hot Springs, Arkansas. Conveniently located off the MLK Expressway, this O-1 zoned lot offers a prime opportunity for office, medical, or service-related commercial development. The property boasts tranquil green space views and benefits from ample shared parking within the established office park. Its proximity to major retail centers on Central Avenue and Higdon Ferry Road (less than four miles away) provides excellent accessibility for both businesses and clients. The lot is ideally suited for build-to-suit projects, with provisions allowing for two-story buildings to maximize usable square footage. High visibility from Carpenter Dam Road ensures excellent signage opportunities. The asking price is $149,000. This build-ready site presents a compelling investment opportunity in a thriving, modern campus setting. The property's APN is 400-08610-005-000C and the address is 307 Carpenter Dam Road, Hot Springs, AR 71901.
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Dr. Eric D. Monte, MD Physician
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Central Arkansas Pain Center Physician
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Fleischner ,Van Bebber and Matone Dental Group Dental Office
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Tipton Pediatric Dentistry Dental Office
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Van Bebber W Nicholas DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.