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    1504 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:
    368
    This exceptional 0.25-acre commercial land parcel presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Located at 1504 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 friendly southern community, with low taxes and a variety of nearby attractions including two golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and diverse dining options. This property's ideal location makes it suitable for a variety of commercial ventures or as a foundation for a vacation home. The peaceful surroundings and convenient access to amenities create an exceptional lifestyle opportunity. The lot is situated in Izard County, Arkansas, offering a blend of natural beauty and modern conveniences. This is a rare chance to acquire a piece of land in a thriving community with significant potential. Seize this opportunity to build your dream project or secure a valuable investment in a picturesque Arkansas setting.

    Property Features for 1504 Melbourne Dr

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • 0.25‑acre commercial lot in desirable Horseshoe Bend, AR.
    • Located at 1504 Melbourne Drive, 72512.
    • Near five lakes and Ozark Mountain foothills.
    • Izard County, AR location.
    • Close to amenities including golf courses, resorts, and shopping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.723421
    Latitude
    36.23254

    Nearby Comparable

    • Contact for pricing
      0.25 Acres

      Horseshoe Bend Commercial Land Parcel

      0.25-acre commercial lot, prime location.
      1502 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.50 Acres

      Horseshoe Bend Commercial Land

      0.5-acre commercial lot, prime location.
      1502-1504 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

    Nearby Similar for Sale

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    • $529,900
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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 1504 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 desirable Horseshoe Bend, AR.; Located at 1504 Melbourne Drive, 72512.; Near five lakes and Ozark Mountain foothills.
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    1504 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
    1504 Melbourne Dr Horseshoe Bend, AR 72512
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