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    1513 Melbourne Dr Horseshoe Bend, AR 72512

    Sponsored
    For Sale
    Contact for pricing

    0.25-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 0.25-acre commercial land parcel presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Located at 1513 Melbourne Drive, 72512, this property offers a tranquil setting in the foothills of the Ozark Mountains, yet remains conveniently close to a wealth of amenities. The area boasts five lakes, providing recreational opportunities for residents and visitors alike. Enjoy the relaxed atmosphere of a southern community with low taxes and friendly neighbors. For those seeking leisure activities, two nearby golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping centers, and diverse restaurants cater to a variety of interests. This property's ideal location and size make it suitable for a variety of commercial ventures, offering significant potential for growth and return on investment. The property is situated in Izard County, Arkansas, and provides a peaceful escape while still being close to numerous conveniences. This is an exceptional opportunity to acquire a piece of land in a thriving community with a strong sense of community and natural beauty. Don't miss out on this chance to own a piece of the Ozark charm.

    Property Features for 1513 Melbourne Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • 0.25‑acre commercial lot in Horseshoe Bend, AR.
    • Prime location near five lakes and Ozark Mountains.
    • Convenient access to amenities including golf courses, resorts, and shopping.
    • Located in Izard County, AR.
    • Ideal for various commercial ventures.
    • Strong potential for ROI in a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.721709
    Latitude
    36.232534

    Nearby Comparable

    • Contact for pricing
      0.25 Acres

      1517 Melbourne Dr

      Land • 0.25 Acres
      1517 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      1.25 Acres

      Horseshoe Bend Commercial Land

      1.25 Acres, Ozark Mountain Views
      1510-1518 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.25 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront commercial lot, 0.25 acres.
      1510 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.25 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront commercial lot, 0.25 acres.
      1518 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details

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      Horseshoe Bend Church and Land

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      Remodeled Home with Lake Views

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    FAQs

    What type of property is this?
    Land - 0.25-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1513 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: 0.25-acre commercial lot in Horseshoe Bend, AR.; Prime location near five lakes and Ozark Mountains.; Convenient access to amenities including golf courses, resorts, and shopping.
    Request Owner's contact information
    1513 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
    1513 Melbourne Dr Horseshoe Bend, AR 72512
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