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    609 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:
    399
    This exceptional 0.25-acre commercial lot presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Situated in Izard County, at 609 Melbourne Dr, 72512, this property offers a tranquil setting in the foothills of the Ozark Mountains, near five area lakes. The location provides easy access to a variety of amenities, including two nearby golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and restaurants. The charming community of Horseshoe Bend boasts low taxes and a welcoming atmosphere, making it an ideal location for a new commercial venture or a peaceful vacation retreat. The property's 0.25-acre size provides ample space for development, while its proximity to recreational opportunities and convenient amenities ensures high potential for return on investment. This is a rare chance to acquire a piece of land in a thriving Arkansas community with exceptional natural beauty and a strong sense of community. The property is located at the coordinates 36.235036, -91.720634. This prime commercial lot is priced at $1,950.

    Property Features for 609 Melbourne Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • $1,950 asking price for 0.25‑acre commercial land parcel.
    • Located in Horseshoe Bend, AR, Izard County, zip code 72512.
    • Situated near area lakes in the Ozark foothills.
    • Ideal for residential development or recreational use.
    • Amenities include nearby golf courses, tennis courts, swimming pools, resorts, spas, shopping, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.720634
    Latitude
    36.235036

    Nearby Comparable

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      0.25 Acres

      Horseshoe Bend Commercial Land Parcel

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

      Prime Horseshoe Bend Commercial Land

      Arkansas Ozark commercial lot, $3,500
      607-609 Melbourne Dr, Horseshoe Bend, AR 72512
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      0.25 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront land: build your dream.
      603 Melbourne Dr, Horseshoe Bend, AR 72512
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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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      0.34 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront commercial lot, 0.34 acres.
      1513 Franklin Dr, Horseshoe Bend, AR 72512
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      0.69 Acres

      Franklin Drive Commercial Land

      Arkansas lakefront land: build your dream home.
      1511-1513 Franklin Dr, Horseshoe Bend, AR 72512
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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 609 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 for 0.25-acre commercial land parcel.; Located in Horseshoe Bend, AR, Izard County, zip code 72512.; Situated near area lakes in the Ozark foothills.
    Request Owner's contact information
    609 Melbourne Dr Horseshoe Bend, AR 72512
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    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
    609 Melbourne Dr Horseshoe Bend, AR 72512
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