Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot 16 COUNTRY CLUB DRIVE Bull Shoals, AR 72619

    View on Map
    For Sale
    Contact for pricing

    River Property - Bull Shoals, AR

    Type:Single Family Residence
    Added:
    Mar 20, 2023
    Days on Market:
    1114
    Last Refresh:
    Apr 6 at 6:06 am

    Property Features for Lot 16 COUNTRY CLUB DRIVE

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Exterior features
    Mixed, Thinned
    Standard status
    Active

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    99.59

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    KIM KOENEN

    Listing agent KIM KOENEN

    Listing office SOUTHERN BREEZE REAL ESTATE 1422 HWY 62 W, Mountain Home, AR

    Listing date Mar 20, 2023

    MLS# 125988 Listing URL

    Copyright © 2026 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    River View Land in Bull Shoals

    This property offers views of Bull Shoals Dam overlooking the White River. The land is partially cleared, and some utilities are available. It is located in Bull Shoals, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel HVAC Service Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bull Shoals
    County
    Marion
    State
    Arkansas
    Longitude
    -92.593182
    Latitude
    36.367509

    Nearby Similar for Sale

    • $229,900

      Established Restaurant Business Opportunity

      Turnkey restaurant for sale in Bull Shoals, Arkansas.
      1603 CENTRAL BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $199,900

      Established Food Kiosk on 1.22 Acres

      Established food kiosk in Bull Shoals, near lake and river.
      1148 CENTRAL BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $315,000

      Established Fly Shop Business

      Fly shop business with real estate for sale.
      627 CENTRAL BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $174,900
      1,360 SF

      Commercial Building in Bull Shoals

      Single-story commercial building with excellent visibility in Bull Shoals, AR.
      622 CENTRAL BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $54,000

      Bull Shoals Acreage For Sale

      5.71-acre lot near Bull Shoals Lake and White River.
      Tract A C S WOODS BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $175,000

      29.83 Acres in Bull Shoals

      29.83 acres of commercial land with city utilities.
      76027036000 KINGSWAY CIRCLE, Bull Shoals, AR 72619
      View Details
    • $50,000

      Buildable Lot Near Bull Shoals

      Wooded, flat lot ideal for building a home or investment.
      LOT 94 RIVERCLIFF DRIVE, Bull Shoals, AR 72619
      View Details
    • $20,000

      Wooded Lot with Lake View

      Wooded, sloped lot near White River and Bull Shoals Lake.
      LOT 171 RIVERCLIFF DRIVE, Bull Shoals, AR 72619
      View Details
    • $10,000

      Wooded Lot Near Bull Shoals

      Wooded lot offers privacy, close to White River and lake.
      LOT 142 RIVERCLIFF DRIVE, Bull Shoals, AR 72619
      View Details
    • $49,900

      Commercial Land in Bull Shoals

      Four commercial lots in a high-traffic tourist area.
      Lots 1-4 C S WOODS BOULEVARD, Bull Shoals, AR 72619
      View Details
    • $49,900

      Wooded Lot Near Bull Shoals Lake

      Wooded lot near Bull Shoals Lake with utilities available.
      Lot 12 LAKEVIEW CIRCLE, Bull Shoals, AR 72619
      View Details
    • $18,000

      Land with Bull Shoals Views

      0.95 AC lot near White River and Bull Shoals Lake.
      760 22314 000 COUNTRY CLUB DRIVE, Bull Shoals, AR 72619
      View Details

    FAQs

    What type of property is this?
    Land - Land with views of Bull Shoals Dam and White River.
    Where is this land located?
    The property is located at Lot 16 COUNTRY CLUB DRIVE Bull Shoals, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Amazing view of Bull Shoals Dam overlooking the White River.; Partially cleared land.; Some utilities available.
    (870) 425-8868
    We can help!
    Listing Contact
    KIM KOENEN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!