Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1006 Pheasant Dr Horseshoe Bend, AR 72512

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Arkansas lakefront commercial lot, 0.25 acres.

    Property Features for 1006 Pheasant Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    We can help!

    Listing Contact
    Kristie Rackley
    Kristie Rackley

    Listing Agency: United Country-Cozort Realty, Inc. Listing Agent: Kristie Rackley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 0.25-acre commercial land parcel presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Situated in Izard County, this property boasts a prime location near several area lakes, offering breathtaking views and recreational possibilities. The land is ideally positioned in the foothills of the Ozark Mountains, providing a tranquil setting while remaining conveniently close to a variety of amenities. Enjoy the charm of a close-knit southern community, with nearby attractions including two golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping centers, and diverse restaurants. Low taxes further enhance the appeal of this property, making it an attractive option for building a commercial venture or developing a vacation getaway. The address is 1006 Pheasant Dr, Horseshoe Bend, AR 72512. This property is priced affordably at $1,950. Don't miss this chance to own a piece of the beautiful Arkansas Ozarks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.782565
    Latitude
    36.242114

    Nearby Similar for Sale

    • $157,500
      4,000 SF

      Versatile Commercial Building in Horseshoe Bend

      4,000 SF commercial building suitable for various business uses.
      701 Highway 289 N, Horseshoe Bend, AR 72512
      View Details
    • $575,000
      11,560 SF

      Horseshoe Bend Church and Land

      Former church facility on 2 acres in Horseshoe Bend.
      600 W Church St, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      2,100 SF

      Remodeled Home with Lake Views

      Completely remodeled 3-bedroom home with shop, lake views.
      316 E Church St, Horseshoe Bend, AR 72512
      View Details

    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 1006 Pheasant 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 the desirable Horseshoe Bend, AR area.; Prime location near area lakes in the Ozark Mountains.; Lot for sale near lakes in Izard County, AR.
    (417) 280-6604
    Request Owner's contact information
    1006 Pheasant Dr Horseshoe Bend, AR 72512
    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.
    1006 Pheasant Dr
    Horseshoe Bend, AR 72512
    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
    1006 Pheasant Dr Horseshoe Bend, AR 72512
    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

    We can help!
    Listing Contact
    Kristie Rackley
    Kristie Rackley
    Real Estate License ID: 2006036574
    (417) 280-6604 (417) 270-7164
    Learn more
    Google sign-in failed. Please try again or use another login method.