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    1502 Melbourne Dr Horseshoe Bend, AR 72512

    For Sale
    Contact for pricing

    0.25-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    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 offering easy access to a variety of amenities and attractions. The land is ideally positioned near several area lakes, providing a tranquil setting with recreational opportunities. Enjoy the benefits of low taxes and a welcoming southern community. Nearby, you'll find two golf courses, tennis courts, indoor swimming pools, resorts, spas, convenient shopping, and a diverse selection of restaurants. The property's location in the foothills of the Ozark Mountains adds to its natural beauty and appeal. This versatile lot is perfect for a variety of commercial ventures, offering significant potential for development and growth in a thriving area. The address is 1502 Melbourne Dr, Horseshoe Bend, AR 72512. The asking price for this exceptional property is $1,950. Don't miss this chance to acquire a piece of this beautiful Arkansas landscape.

    Property Features for 1502 Melbourne Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.723766
    Latitude
    36.232423

    Nearby Comparable

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      0.50 Acres

      Horseshoe Bend Commercial Land

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      1502-1504 Melbourne Dr, Horseshoe Bend, AR 72512
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      0.25 Acres

      Horseshoe Bend Commercial Land Parcel

      0.25-acre commercial lot, prime location.
      1504 Melbourne Dr, Horseshoe Bend, AR 72512
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      0.37 Acres

      Prime Horseshoe Bend Commercial Land

      0.37-acre commercial lot, ideal location.
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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 1502 Melbourne Dr Horseshoe Bend, AR.
    What is the asking price?
    The asking price for this property is $1,950.
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    1502 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
    1502 Melbourne Dr Horseshoe Bend, AR 72512
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