Mixed-Use Land for Sale in Hot Springs, Arkansas

PRIME Commercial Real Estate Opportunity! Don’t miss this rare chance to own an exceptional 15-acre parcel with a bird’s-eye view of Hot Springs, ideally located just off Central Ave & only minutes from Oaklawn Racing Casino Resort. With unbeatable visibility and convenience, this property sits in one of the city’s fastest-growing corridors. Development-ready potential: • 3.83 acres already Planning Development approved for 12 duplexes (24 units) — perfect for a Senior Living or Multifamily Community, helping streamline the development process and reduce delays- Ask for details. • Located in a booming area with pharmacies, hospitals, shopping centers, and Walmart all within sight, making an ideal location for residential or mixed-use development. • Quick access to major city amenities while still offering a peaceful, scenic setting. The land itself is truly special: A park-like setting featuring gorgeous level, usable land, complete with custom lighting, a pond, gazebo, and a sidewalk that wraps around the property — creating both beauty and functionality. Or bring your own vision to life. Prime location. Development-ready!