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    1518 Melbourne Dr Horseshoe Bend, AR 72512

    Sponsored
    For Sale
    Contact for pricing

    Arkansas lakefront commercial lot, 0.25 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 0.25-acre commercial land parcel presents a unique investment opportunity in the serene town of Horseshoe Bend, Arkansas. Located at 1518 Melbourne Drive, 72512, this property offers a tranquil setting in the foothills of the Ozark Mountains, near five area lakes. The picturesque location provides an ideal setting for various commercial ventures, capitalizing on the area's natural beauty and recreational opportunities. The property's proximity to the lake enhances its appeal, attracting potential businesses catering to tourism and outdoor recreation. Horseshoe Bend boasts a welcoming community atmosphere, low taxes, and a range of amenities including golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and diverse dining options. This lot is perfect for developers seeking to build a business that will thrive in this charming and convenient location. The address is easily accessible, providing excellent visibility and convenient access for customers and employees. This is a rare opportunity to acquire commercial land in a desirable Arkansas location. Seize this chance to establish a thriving business in a peaceful and amenity-rich environment.

    Property Features for 1518 Melbourne Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • $1,950 asking price.
    • 0.25‑acre commercial land parcel.
    • Located at 1518 Melbourne Dr, Horseshoe Bend, AR 72512.
    • Situated in Izard County, Arkansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.721437
    Latitude
    36.233332

    Nearby Comparable

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      Horseshoe Bend Commercial Land

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      0.25 Acres

      Horseshoe Bend Commercial Land

      Arkansas Lakefront Commercial Lot
      1604 Melbourne Dr, Horseshoe Bend, AR 72512
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      0.25 Acres

      1517 Melbourne Dr

      Land • 0.25 Acres
      1517 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details

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    FAQs

    What type of property is this?
    Land - Arkansas lakefront commercial lot, 0.25 acres.
    Where is this land located?
    The property is located at 1518 Melbourne Dr Horseshoe Bend, AR.
    What is the asking price?
    The asking price for this property is $1,950.
    What are key features of this property?
    This property features: $1,950 asking price.; 0.25-acre commercial land parcel.; Located at 1518 Melbourne Dr, Horseshoe Bend, AR 72512.
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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
    1518 Melbourne Dr Horseshoe Bend, AR 72512
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