New Listing

Immediate Liquidation–Premium Infill Homesite in Established Built Out Subdivision| Great Investment-No Reserve Auction!

$3,787.00 USD
Closes: 

16d13h(Aug 27, 2026 02:31 PM UTC)

$50.00 USD

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$4,985.00 USD

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Sales/Lot Type:

Online Auction

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Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Seller's Terms & Conditions

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Description

“Seller Liquidating – Rare Infill Lot in Established Galicia Subdivision | Strong Build Demand & Long-Term Value Potential”

📄 DESCRIPTION
This is a rare opportunity to secure a prime infill homesite within the established Galicia subdivision, offering strong positioning, generous lot size, and long-term investment upside. With surrounding development already in place, this parcel is ideally positioned for immediate or future construction. Infill lots like this are increasingly scarce as surrounding communities mature, making this a strategic acquisition for builders, investors, or long-term land holders seeking appreciation potential in a stable residential environment.

📍 Property Details
Address: GALICIA PL
Subdivision: GALICIA
Block/Lot: BLK 1 LOT 10
Parcel #: 200-19500-010-000
S-T-R: 02-01S-19W
Size: 0.268 acres (11,688.453 sq ft)

🌟 Why This Lot Stands Out
✔ True infill lot surrounded by established development
✔ Large usable footprint with flexible building options
✔ Strong appeal for future residential construction
✔ Located within a structured and organized subdivision
✔ High-demand lot type for both builders and end users

👉 Infill parcels in established subdivisions consistently outperform raw land due to infrastructure access, neighborhood stability, and reduced development friction.

About the Area / Community

The Galicia subdivision offers a quiet, established residential setting with a strong sense of structure and long-term livability. This type of environment is highly desirable for homeowners seeking stability and for investors targeting low-friction development opportunities. As surrounding lots continue to build out, remaining infill parcels become increasingly limited, driving demand and long-term value appreciation.

This is the type of location where new construction integrates seamlessly into an already formed neighborhood, supporting both resale strength and rental potential.

Amenities Include:

Established residential neighborhood
Road access and defined subdivision layout
Utilities and infrastructure in place (area standard)
Quiet, low-traffic residential setting
Strong long-term community stability

📍 Location Advantage

Positioned within an established and developed subdivision
Easy access to surrounding residential corridors
Strong appeal for builders and investors
Increasing scarcity of remaining infill parcels

💰 HIGH-END COMPS
Recent sales of similarly positioned infill lots within established subdivisions in the region have reached the upper tier of land value pricing, particularly for parcels with comparable size and build readiness. $28,000 – $45,000+ Range for premium infill parcels with strong access and development context have historically commanded significantly higher resale values once utilities and construction demand intensify, positioning this asset below peak market replacement cost.

📈 Investment Angle

Increasing scarcity of infill lots in developed subdivisions
Strong builder demand for ready-to-develop parcels
Low entry cost relative to future build value
Ideal for hold, flip, or build strategy
Long-term appreciation driven by surrounding development

🧾 HOA Information
Low HOA fees for landowners — approximately $552/year for undeveloped lots (as of 2025). Includes access to community standards and subdivision maintenance structure.

⚡ Auction Opportunity
This is a true liquidation-style offering, positioned for immediate interest from investors and builders. Infill lots in established subdivisions like this are increasingly limited, and competition for build-ready land continues to rise. Secure this parcel while it remains available—opportunities in this category do not last long.

📍 Property Address
GALICIA PL
Hot Springs Village, AR 71909

Q & A

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Seller Information

Seller:

Pitman Realty LLC - Real Estate Remarketing, NY

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Account Type:

Commercial

Inspection

Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk.

It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence.


Payment

The Buyer Service Fee is to be paid electronically via the 'My Bids' page. The remaining sale amount is paid directly to client at either time of pickup or according to any special payment instructions.

The Buyer's Certificate will contain information to schedule payment & removal.

Once the Buyer Service Fee has been paid to Liquidity Services, payment of the asset in full is due no later than five (5) business days from the time and date of the Buyer's Certificate. Acceptable forms of payment are: Wire Transfer (ACH Not Accepted), or Certified Bank Check.

Checks shall be made payable to: Pitman Realty LLC - Government Remarketing, NY

Removal

***SELLER TO PREPARE DEED DIRECTLY***


Upon receipt of the payment and title information, the quit claim deed will be sent to the County to be recorded into your name by the seller and a copy of the deed will be emailed to you for your records.

There is a $399.95 document fee and processing fees.

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Special Instructions

NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Additional Information

First time bidding? Please review our Terms and Conditions.

For further assistance please review our Frequently Asked Questions.

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