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! Check documents for, renderings, previous appraisal, 2026 Major Commercial development in Garland County! PRICED WELL BELOW 2009 APPRAISAL! SELLER IS SUPER MOTIVATED!

Property Features