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    3 Merrimac Dr Cherokee Village, AR 72529

    Sponsored
    For Sale
    Contact for pricing

    Lots - Cherokee Village, AR

    Lot size:
    0.31 Acres
    Days on Market:
    26
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 3 Merrimac Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    302-00209-000
    Lot size
    0.31 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Real Estate Results (479) 271-9595 [email protected]

    Listing agent Kristie Morrison (479) 271-9595

    Listing date Dec 16, 2025

    MLS# 1330899 Listing URL

    Copyright © 2026 Northwest Arkansas 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

    Cherokee Village Land for Sale

    This 0.31 acre lot is located in Cherokee Village, Sharp County, Arkansas, offering an opportunity to build a new home and enjoy lake life. Situated next to a small lake, the property is also minutes away from three other lakes and local amenities. Owner financing is available. Manufactured homes are not allowed. The property conveys a Limited Warranty Deed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Pawn Shop Diner

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

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee Village
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.549798
    Latitude
    36.279366

    Nearby Similar for Sale

    • $1,250,000
      18,000 SF

      Cherokee Village Commercial/Industrial Opportunity

      18,000+ sq ft facility on 6.5 fenced acres.
      50 S Pottawattamie Dr, Cherokee Village, AR 72529
      View Details

    FAQs

    What type of property is this?
    Land - 0.31 acre lot near lakes in Cherokee Village, Arkansas.
    Where is this land located?
    The property is located at 3 Merrimac Dr Cherokee Village, AR.
    What is the asking price?
    The asking price for this property is $8,450.
    What are key features of this property?
    This property features: - Lake life opportunity: Build your new home in Cherokee Village.; - Proximity to multiple lakes: Located next to a small lake and minutes from 3 others.; - Owner financing available.
    (479) 271-9595
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    3 Merrimac Dr Cherokee Village, AR 72529
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    Realmo Value Estimation

    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.

    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.

    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
    3 Merrimac Dr Cherokee Village, AR 72529
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