225 Lake Hamilton DrHot Springs, AR 71913

  • Commercial real estate
  • 3.06 AC

Property Details for 225 Lake Hamilton Dr

Lot size
3.06 AC
Property type
Commercial real estate
APN
300-09091-000
APU
30009091000

Description

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Garland County. Located in a gated and fenced community, this level lot boasts breathtaking views of Lake Hamilton, offering unparalleled visibility and desirability. The property's prime location provides easy access to major roadways and highways, ensuring convenient transportation for businesses and residents alike. The site features an oversized entrance and an existing retention pond, simplifying development and infrastructure needs. Zoned for commercial use, this land is ideal for a variety of projects, including condominiums, townhomes, single-family residences, or garden homes. The secure gated community provides an added layer of safety and exclusivity, making it an attractive location for businesses and residents alike. The absence of existing structures allows for complete design flexibility, enabling developers to create a project perfectly tailored to their vision. This exceptional property offers a rare combination of stunning lake views, convenient location, and secure environment, making it an outstanding investment opportunity. The property is available for sale or lease. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,299,839
    Hospitality
    $12,182,581
    Educational
    $10,135,765
    Medical
    $10,484,349
    Retail
    $15,766,745

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.4453
Longitude
-93.0829
CBSA code
26300
CBSA name
HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,137
$20,770
$4,380
$25,150
-
$103,850
$21,900
$125,750

FAQs

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