ATTENTION: BUSINESS OWNERS, LAND DEVELOPERS & COMMERCIAL REAL ESTATE INVESTORS!
2.02+/- Acre Tract w/ 332+/- Ft. of Frontage on HWY 7 & Average Daily Traffic Count of 10,000+/- VPD between the Main Gate of Hot Springs Village & the Roundabout ~ Offered as One Parcel ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
REAL ESTATE DESCRIPTION: This Surveyed 2.02+/- Acres is Cleared, Leveled & Prepared as a Building Site with Paved Road Frontage on 3 Sides for Easy Access, Multiple Entrances & Tons of Traffic Flow Options ~ 332+/- Ft. of HWY 7 Frontage, 193+/- Ft. of Walnut Valley Road Frontage & 110+/- Ft. of Jarrell Road Frontage ~ North Garland County Water Meter, 3 Phase Electricity & Natural Gas to the Property & an Existing Septic Tank On-site ~ Excellent, High Traffic Location Along HWY 7, Less than 3 Miles North of the Roundabout at the North End of the New MLK Bypass Extension & Only 5 Miles South of the Main/West Gate into Hot Springs Village with an Average Daily Traffic Count of 10,000+/- Vehicles Per Day! ~ Property is Un-Zoned with No Building Restrictions ~ Outside of Hot Springs City Limits ~ This Would Make an Excellent Location for a Gas Station, Convenient Store, Car Wash, Restaurant, Retail Store, Service Location, or for Any Professional Business that would benefit from a High Traffic Count, High Visibility Location & being between Hot Springs & Hot Springs Village! ~ This Excellent Development Tract is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Drive by & Inspect this Tract at Any Time ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Drive by Anytime to View this Property! ~ Call Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 10:00 a.m. on Auction Day.
CLOSING COMPANY: Hot Springs Title Company ~ Closing Agent: Shelly Vincent ~ 543 Ouachita Avenue, Suite 3, Hot Springs, Arkansas 71901 ~ (501) 623-4405.
REAL ESTATE TAXES FOR YEAR 2024: $848.25
TERMS: $15,000.00 Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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