222 Files Hot Springs, AR $ 3,100,000
222 Files
$ 3,100,000
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222 Files

Hot Springs, AR, 71913
$ 3,100,000
Baths0.0 Sq 667,756

Monthly Estimate*

$ 21,654

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Studio

Commercial Property for sale in Hot Springs, AR

for $3,100,000. This 667,756 square foot building was built on a lot size of 15.1.

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.

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Commercial Active

Price

$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,101

Style

Lot Size

15.1

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

23028505

Features
General
Heating None
Utilities Other (see remarks)
Roof Other (see remarks)
Year Built 0
Tenant Pays None
Subdivision Metes & Bounds
Style Other (see remarks)
Stories Other (see remarks)
County Garland
Class Commercial / Industrial
Type Land Only
Inside City Limits Yes
Status Active
Docs on File None
Directions HOT SPRINGS-FROM BOARD OFFICE TO CENTRAL TO RIGHT ON SECTION LINE TO LEFT ON FILES ROAD
City Hot Springs
Street Name Files
DOM 237
Price Per Sq Ft 4.64
Coming Soon 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 k
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Exterior
Exterior Other (see remarks)
Road Surface Paved
Foundation None
Lot Size Area 15.1
Lot Dimensions 15.1 acres
Lot Level Pond Cleared
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Interior
Floors None
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* Excluded Features
List By
Bobbie Schroeder

Listing Agent

Signature Homes Real Estate

Broker

signaturehre@gmail.com

Email

Affordability Calculator

$21,830
Per Month
99%
1%
0%
Monthly Principal & Interest
$21,654
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2023$3,100,000 Listed Price

Map


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222 Files, Hot Springs, AR, 71913 is a Commercial Property for sale at $3,100,000 with 667,756 sqft and a lot size of 15.1. 222 Files is a studio with 0.0 baths. The property's zip code is 71913 which is in Hot Springs, AR