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    Ozarks RV Lot with Lake View Title is generated by Realmo AI

    1229 CR 663 lot 298, Oak Grove, AR 72660

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    Claim this Listing
    For Sale
    $127,500

    LAND - Oak Grove, AR

    Lot size:
    0.08 Acres
    Added:
    Jul 25, 2025
    Days on Market:
    304
    Last Refresh:
    May 24 at 1:06 pm

    Property Features for 1229 CR 663 lot 298

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    118-00298-000
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    LOT 298 Outdoor Resort In The Ozarks S/D STR 10-21-22 Carroll County AR
    Tax Annual Amount
    653

    Utilities

    Water source
    Well
    Water front
    1

    We can help!

    Listing Contact
    Jennifer Laughlin Glidewell
    Jennifer Laughlin Glidewell

    Listing agent Jennifer Laughlin Glidewell License #SA00090326

    Listing office Re/Max Unlimited, Inc. 1412 Hwy 62 N, HARRISON, AR

    Listing date Jul 25, 2025

    MLS# 1315905 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Stunning panoramic views of Table Rock Lake from a front‑row lot.
    • Located in the Ozarks Luxury RV Resort with top‑tier amenities including two pools, tennis/pickleball courts, fitness center, dog park, and lake access.
    • Proven income‑producing rental potential.
    • Fits motorhomes up to 45 feet with ample patio space and room for a tow car and golf cart.
    • Beautifully landscaped with a private water feature.
    • Close proximity to Branson attractions (20 minutes from Big Cedar Lodge, 30 minutes from Branson) including Top of the Rock and Silver Dollar City.

    Overview

    Located in Oak Grove, Arkansas, within the Ozarks Luxury RV Resort south of Branson, this landscaped front-row lot offers panoramic views of Table Rock Lake and includes a water feature. The site accommodates motorhomes up to 45 feet and provides patio space with room for a tow car and golf cart. The resort features paved roads, two pools, tennis and pickleball courts, a fitness center, a large off-leash dog park, a courtesy dock with lake access, and private security. Situated approximately 20 minutes from Big Cedar Lodge and 30 minutes from Branson, the location provides access to Johnny Morris attractions such as Top of the Rock, Dogwood Canyon, Thunder Ridge Nature Arena, and Silver Dollar City. The surrounding area offers fishing and golf opportunities. Lot 298, with a size of 0.079 acres, is suitable for personal use or as a rental property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.307491
    Latitude
    36.484158

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    FAQs

    What type of property is this?
    Mobile home & RV park - Landscaped RV lot with lake views and resort amenities.
    Where is this mobile home & rv park located?
    The property is located at 1229 CR 663 lot 298 Oak Grove, AR.
    What is the asking price?
    The asking price for this property is $127,500.
    What are key features of this property?
    This property features: Stunning panoramic views of Table Rock Lake from a front‑row lot.; Located in the Ozarks Luxury RV Resort with top‑tier amenities including two pools, tennis/pickleball courts, fitness center, dog park, and lake access.; Proven income‑producing rental potential.
    (870) 688-8694
    We can help!
    Listing Contact
    Jennifer Laughlin Glidewell
    Jennifer Laughlin Glidewell
    Real Estate License ID: SA00090326
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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