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3619 Central Ave

11 Acres of Commercial Land Offered at $14,174,700 CAD in Hot Springs, AR 71913

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Investment Highlights

Highest traffic count in Hot Springs
Access points on three streets

C-4 zoning allows for a variety of commercial uses

Executive Summary

This 11 acre commercial property is one of the last remaining large development tracts on Central Avenue. With C-4 zoning and visibility from the bypass, this location is as good as it gets in Hot Springs. The property is situated directly next to Texas Roadhouse, within a mile of both CHI Hospital and Oaklawn Casino. Other nearby establishments include Lowes, Chick-Fil-A, David's Burgers, Walgreens and CVS. 25,000 vehicle avg. daily traffic count. Access to the property is provided along three streets, totaling over 1300' feet of road frontage. The property includes 27,000+ sq. ft. of retail space; however, the value is primarily in the land.

Tax Assessor Info

Legal Description(s)

Property Facts

Price	$14,174,700 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Land
Sale Conditions	Redevelopment Project	Proposed Use	Retail Mixed Use Multifamily Hospitality Apartment Units Hotel Outlet Centre Restaurant Strip Centre
No. Lots	1	Total Lot Size	11.00 AC

Price	$14,174,700 CAD
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Land
Proposed Use	Retail Mixed Use Multifamily Hospitality Apartment Units Hotel Outlet Centre Restaurant Strip Centre
Total Lot Size	11.00 AC

1 Lot Available

Lot

Price	$14,174,700 CAD	Lot Size	11.00 AC
Price Per AC	$1,288,609 CAD

Price	$14,174,700 CAD
Price Per AC	$1,288,609 CAD
Lot Size	11.00 AC

zoning

Zoning Code	C-4 (C-4 (Most comprehensive commercial zoning available in Hot Springs, AR))
C-4 (C-4 (Most comprehensive commercial zoning available in Hot Springs, AR))