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3034 Central Ave 6,929 SF Retail Building Hot Springs National Park, AR 71913 $1,800,000 ($259.78/SF)
Investment Highlights
- Centrally Located at the Center of Hot Springs, Arkansas
- Heavy Traffic Flow
- Directly across the street from Oaklawn Racing and Casino
Executive Summary
This property offers:
• Located In the center of Hot Springs
• Prime visibility and accessibility
• Immediate proximity to Oaklawn Racing Casino Resort
• Strong long-term appreciation potential
• Heavy traffic exposure (over 40,000 daily traffic)
• Future redevelopment upside
• Scarcity of available surrounding inventory
• Strategic connectivity to nearby real estate holdings
Do not let this opportunity pass you by.
We are not simply pricing this property based on today’s value alone — we are pricing it based on where this market is heading.
Surrounding Properties recently sold:
•Small Strip Mall Corner Property
Sold for $1.1 Million on 11/1/2018
• Bank Property Lot
Sold for $1.75 Million on 3/12/2019
• Regions Property Lot (.771 Acres)
Sold for $1.05 Million on 4/29/2020
• Farmers Co-Op Property (1.33 Acres)
Sold for $3 Million on 12/23/2019
Additional surrounding tract sizes include:
• Bank of America Site – .483 Acres
• Shopping Center Site – .482 Acres
• Gas Station Site – .517 Acres
Many of these parcels are smaller than the property being offered, yet they achieved substantial market values strictly because of location, visibility, and future growth potential surrounding Oaklawn.
Do not let this opportunity pass you by.
We are not simply pricing this property based on today’s value alone — we are pricing it based on where this market is heading.
• Located In the center of Hot Springs
• Prime visibility and accessibility
• Immediate proximity to Oaklawn Racing Casino Resort
• Strong long-term appreciation potential
• Heavy traffic exposure (over 40,000 daily traffic)
• Future redevelopment upside
• Scarcity of available surrounding inventory
• Strategic connectivity to nearby real estate holdings
Do not let this opportunity pass you by.
We are not simply pricing this property based on today’s value alone — we are pricing it based on where this market is heading.
Surrounding Properties recently sold:
•Small Strip Mall Corner Property
Sold for $1.1 Million on 11/1/2018
• Bank Property Lot
Sold for $1.75 Million on 3/12/2019
• Regions Property Lot (.771 Acres)
Sold for $1.05 Million on 4/29/2020
• Farmers Co-Op Property (1.33 Acres)
Sold for $3 Million on 12/23/2019
Additional surrounding tract sizes include:
• Bank of America Site – .483 Acres
• Shopping Center Site – .482 Acres
• Gas Station Site – .517 Acres
Many of these parcels are smaller than the property being offered, yet they achieved substantial market values strictly because of location, visibility, and future growth potential surrounding Oaklawn.
Do not let this opportunity pass you by.
We are not simply pricing this property based on today’s value alone — we are pricing it based on where this market is heading.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,929 SF
Building Class
C
Year Built/Renovated
1960/2022
Price
$1,800,000
Price Per SF
$259.78
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.31
Lot Size
0.51 AC
Zoning
Commercial - Centrally Located Commercial Property
Parking
26 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
66’ on Central Ave
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 300-07697-000 | Total Assessment | $83,140 |
| Land Assessment | $65,250 | Annual Taxes | ($6,929) (($1.00)/SF) |
| Improvements Assessment | $17,890 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
300-07697-000
Land Assessment
$65,250
Improvements Assessment
$17,890
Total Assessment
$83,140
Annual Taxes
($6,929) (($1.00)/SF)
Tax Year
2025 Payable 2025
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Photos
Street View
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Map
Contact the Sale Advisor
3034 Central Ave