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340 Park Ave, Hot Springs National Park, AR, 71901

0beds
0baths
2,158sqft
$1
$0price/sqft
$156/moest. monthly cost
$6,240/yrincome needed

About This Home

Property Highlights Well-Maintained 2,158± Sq. Ft. Building w/New Roof, New AC, New Tankless Water Heater & Fresh Professional Paint Job Conveniently Located North of Bath House Row in Downtown Hot Springs on Highway 7 w/an Average Daily Traffic Count of 13,000± Vehicle Per Day Perfect Location for an Electrical, Plumbing, HVAC or Roofing Contractor, Auto Detailing, Window Tinting or Retail Tire Shop w/ 3 Bays w/Overhead Doors, Office/Reception Area, Work Area, Kitchenette, Bathroom & Security Alarm Plenty of Exterior & Interior Space to Park Work Vehicles, Store Equipment, Tools & Inventory w/High Visibility for Signage 0.12± Acre Corner Lot, Zoned "Central Business District" w/Easy Access from Highway 7/ Park Avenue & from Ramble Street Well-Built in 1945 with an Attached Drive-Thru Portico All City Utilities Including Electricity, City Water, City Sewer & Natural Gas Property Shown by Appointment Only Auction Details Auction Date & Time: Wednesday, May 13th, 2026 at 11:00 AM Location: 340 Park Avenue, Hot Springs, AR 71901 Bidding Options: Live On-Site & Simulcast Online Bidding Available No Reserve Auction Offers Made Prior to Auction Day are Welcome! INSPECTION: Property Shown by Appointment Only ~ Contact Agent Doug Westgate with Questions ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day. CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Shanda Dunlap REAL ESTATE TAXES FOR YEAR 2025: $813.78 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.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

4/10
Langston Magnet SchoolGrades PK-61.4 mi
5/10
Hot Springs High SchoolGrades 10-123.4 mi
7/10
Park Magnet SchoolGrades PK-62.6 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 2,158 sqft

Property

Details

  • Lease amount: 0
  • Special condition: Absolute Auction,Auction

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado
Hail
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $0$0
Home Insurance $0$0
Property Taxes $0$0
Electricity $156$1,875
Total$156$1,872

Income You'd Need if You Spent...

35% on housing$5,348/yr
40% on housing$4,680/yr
45% on housing$4,160/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$0This listing

vs Other Active Listings

Avg $/sqft

ZIP 71901$134
Garland County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 71901$154
Garland County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

Unknown Listed By

AgentDavid Brewer
BrokerageWilson Real Estate Auctioneers, Inc.

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