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$ 2,500,000
Est. payment | /mo
15.1 Acres Lot
$ 2,500,000
Est. payment | /mo
15.1 Acres Lot
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 154393
Annual Tax Amount $2,101
Lot Size 15.100 Acres
Property Sub-Type Land
Property Description
PRIME REAL ESTATE!!! Don't miss out on this once in a lifetime opportunity to own this exceptional 15-acre parcel w/ a birds eye view of Hot Springs & sitting proudly just off off Central Ave also known as Grand Oaks. Just 3 mins to Oaklawn and a host of other city amenities. 3.83 acres Planning Development approved for 12 duplexes (24 units) to be built in a Senior or Multifamily Community, streamlining the process & reducing potential delays, offering an array of possibilities. Situated in a rapidly growing area- pharmacies, hospital, shopping center and quick access to Walmart all within eyesight, this property is primed for subdivision located in the most convenient spot of town, making it an ideal investment for developers and investors looking to capitalize on the booming real estate market. The park like setting couldn't be any more perfect. Gorgeous level usable land with custom lights, pond, gazebo & sidewalk that wraps around it! Check documents for, renderings, previous appraisal, 2026 Major Commercial development in Garland County! PRICED WELL BELOW 2009 APPRAISAL! SELLER IS SUPER MOTIVATED!
Location
State AR
County Garland
Area Hot Springs
Zoning C-MU Comm MxUse District,C-TR C-Trans District
Exterior
Utilities Available Other (See Remarks)
Listed by Signature Homes Real Estate
Nearby Locations
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Rachelle McClard
Broker | Lic# PB00065098