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222 Files Road

Hot Springs, AR 71913
  • $2,500,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 154393
UPDATED: 219 min ago
$2,500,000
  • 0
    BEDS
  • 15.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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!

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www.lakehamiltonlakehomes.com/homes/173789188
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222 Files Road Hot Springs, AR 71913

  • Price: $2,500,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 219 min ago
  • MLS #: 154393
0
Beds
0
Baths
0
½ Baths
15.1
Acres
Neighborhood:
Metes & Bounds
County:
Garland
Area:
Hot Springs
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!
Property Features

Approx Frontage close to bypass Business Use Type Other (See Remarks)Multi-Family Estimated Annual Taxes 2101 Sale Rent For Sale Type Land Utilities Available Other (See Remarks) Will Subdivide YN No Zoning C-MU Comm MxUse DistrictC-TR C-Trans District

 
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913