000 Files, Hot Springs, AR 71913

$2,250,000

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List Price
$2,250,000
Status
ACTIVE
MLS#
26037940
Price Change
▲ $150,000 1790814370
Acres
15.10
Region
Hot Springs School District
Subdivision
Metes & Bounds

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! 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. Seller IS SUPER MOTIVATED!

Additional Information

Taxes
$2,311

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Listing courtesy of Signature Homes Real Estate.