15.1 Acres of Mixed-Use Land for Sale in Hot Springs, Arkansas

222 Files Rd, Hot Springs, AR 71913

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$3,100,000
15.1 acres
Active sale agoEst $29,251/mo

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! List agent is happy to share the renderings for this approval. Or be creative and use this land to make your own building dreams come true! ***The 3.83 acres (zoned PD) can be split off & sold for $999,999.

Directions

HOT SPRINGS-FROM BOARD OFFICE TO CENTRAL TO RIGHT ON SECTION LINE TO LEFT ON FILES ROAD,

Property details

Coordinates
34.4626, -93.0662
Community
Metes & Bounds
Elevation
535 feet
MLS Number
CARMLS 23028505
Date Listed

Parcels

  • 105820

Property taxes

Year not provided
$2,101

This 15.1-acre property is located at 222 Files Rd in Hot Springs, AR 71913 with latitude 34.4626 and longitude -93.0662. The property is currently available for sale for $3,100,000 with a price per acre of $205,298. Listing data is sourced from Cooperative Arkansas Realtors Multiple Listing Service # 23028505.

Verify sale details at the property source or contact Signature Homes Real Estate at (501) 359-3059.

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Copyright (C) 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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