Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Holiday Island Land Parcel Title is generated by Realmo AI

    Arapahoe Drive lot 8, Holiday Island, AR 72631

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Holiday Island, AR

    Lot size:
    0.25 Acres
    Added:
    Nov 26, 2025
    Days on Market:
    179
    Last Refresh:
    May 24 at 4:06 pm

    Property Features for Arapahoe Drive lot 8

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    320-03877-000
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 8 Block 17
    Tax Annual Amount
    78

    We can help!

    Listing Contact
    John Vick
    John Vick

    Listing agent John Vick License #TN 332567

    Listing office Exp Realty 400 W Capitol Suite 1743, Little Rock, AR

    Listing date Nov 26, 2025

    MLS# 25047125 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Owner financing available with low $250 down payment and affordable $295 monthly payments for 10 months.
    • Public sewer and water available at the paved road; electric nearby.
    • Close proximity to Eureka Springs, Missouri, and Oklahoma border in a scenic mountain area.
    • Potential for development or holding for future value.
    • Other housing types allowed (besides mobile homes).
    • Closing costs included.

    Overview

    This 0.25-acre land parcel is located in Holiday Island, Arkansas, near Eureka Springs and the Missouri and Oklahoma border, within a scenic mountain area. Public sewer and water are available at the paved road, and electricity is nearby. The property is suitable for development or holding for future value. While camping and trailer parking are not permitted, other types of housing are allowed, excluding mobile homes. Owner financing is available with specified terms. The county appraised value is $7,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Holiday Island
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.713465
    Latitude
    36.476516

    Nearby Similar for Sale

    • $7,500

      Holiday Island Land For Sale

      Land with road frontage near golf course and country club.
      Wild Turkey Drive lot: 13, Holiday Island, AR 72631
      View Details
    • $45,000

      Holiday Island Land For Sale

      1.74 acre commercial land in Holiday Island, Arkansas.
      1 Bluff Lane lot: 1, Holiday Island, AR 72631
      View Details
    • $14,990

      Waterfront Land with Lake Views

      0.48-acre lakeview lot with access to many amenities.
      10 LEATHERWOOD Drive lot: 7, Holiday Island, AR 72631
      View Details
    • $14,200

      Holiday Island Land Opportunity

      Residential land to build your dream home in Holiday Island.
      4 Beaver Circle lot: 12, Holiday Island, AR 72631
      View Details
    • $9,200

      Holiday Island Land with Golf View

      Residential land with golf course view in Holiday Island, AR.
      9 QuailRun Lane lot: 3, Holiday Island, AR 72631
      View Details
    • $14,000

      Holiday Island Double Lot

      2.91 acre double lot in Holiday Island, Arkansas.
      89 Sunrise Avenue lot: 24 - 25, Holiday Island, AR 72631
      View Details
    • $8,200

      Holiday Island Wooded Land

      Wooded property near Holiday Island amenities, suitable for new home.
      36 Venus Avenue lot: 12, Holiday Island, AR 72631
      View Details
    • $15,900

      Holiday Island Golf Course Lot

      Level lot near golf course, shopping, and outdoor recreation.
      17 La Quinta Loop lot: 15, Holiday Island, AR 72631
      View Details
    • $21,999

      Holiday Island Oversized Corner Lot

      Nearly flat, oversized lot near Table Rock Lake.
      7 Beaver Drive lot: 1, Holiday Island, AR 72631
      View Details
    • $18,900

      Holiday Island Land Parcel

      0.61-acre lot near golf, lake, and Eureka Springs.
      Rocky Top Circle lot: F, Holiday Island, AR 72631
      View Details
    • $9,000

      Holiday Island Land For Sale

      Residential lot in Holiday Island, ready for building.
      268 Table Rock Drive lot: 18, Holiday Island, AR 72631
      View Details
    • $32,500

      Holiday Island Golf Course Lot

      Level lot near golf course, ideal for dream home.
      S Hills Loop lot: 1, Holiday Island, AR 72631
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land near Eureka Springs, owner financing available.
    Where is this residential land & home lot located?
    The property is located at Arapahoe Drive lot 8 Holiday Island, 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: Owner financing available with low $250 down payment and affordable $295 monthly payments for 10 months.; Public sewer and water available at the paved road; electric nearby.; Close proximity to Eureka Springs, Missouri, and Oklahoma border in a scenic mountain area.
    (901) 444-2884
    We can help!
    Listing Contact
    John Vick
    John Vick
    Real Estate License ID: TN 332567
    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

    Thank You for Inquiry
    Arapahoe Drive lot: 8, Holiday Island, AR 72631
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!