Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Golf Course Frontage Land Title is generated by Realmo AI

    Perth Drive lot 5, Bella Vista, AR 72715

    View on Map
    Claim this Listing
    For Sale
    $38,400

    LAND - Bella Vista, AR

    Lot size:
    0.33 Acres
    Added:
    Nov 17, 2022
    Days on Market:
    1288
    Last Refresh:
    May 28 at 9:06 am

    Property Features for Perth Drive lot 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    16-35865-000
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Description
    .
    Tax Annual Amount
    208

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Sally Swick
    Sally Swick

    Listing agent Sally Swick License #EB00088306

    Listing office Lindsey & Assoc Inc Branch 3801 W Walnut, AR

    Listing date Nov 17, 2022

    MLS# 1233737 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Golf course frontage on the 17th Green of Highlands Golf Course.
    • Flat, buildable .33‑acre lot.
    • Close proximity to Lake Loch Lomond marina and Branchwood Recreation Center.
    • Near pickle ball court, disk golf, and walking trail.
    • Convenient commute to Bentonville.
    • Public water source available.

    Overview

    This 0.33-acre lot is located on the 17th Green of the Highlands Golf Course. The property is near the Lake Loch Lomond marina and Branchwood Recreation Center, which features a gym, indoor pool, pickle ball court, disk golf, and walking trail. It is located in Bella Vista, offering access to the Ozarks' natural beauty and recreational amenities. The area is suitable for commuters to Bentonville. Lots in this area of Bella Vista are flatter than its southern neighbors, offering an ideal location to build a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bella Vista
    County
    Benton
    State
    Arkansas
    Longitude
    -94.361767
    Latitude
    36.46829

    Nearby Similar for Sale

    • $148,000
      1,124 SF

      Senior Housing CO-OP Apartment

      Two-bedroom, two-bath apartment for sale in Bella Vista, AR.
      1 Highlands Crossing Drive, Bella Vista, AR 72715
      View Details
    • $45,000

      Wooded Lot in Bella Vista

      0.28-acre wooded lot near trails and amenities.
      Hamilton Drive lot: 6, Bella Vista, AR 72715
      View Details
    • $55,000

      Residential Land Near Back 40 Trail

      Residential lot with sewer access and trail proximity in Bella Vista.
      Westbury Drive lot: 9, Bella Vista, AR 72714
      View Details
    • $18,500

      Bella Vista Recreation Land

      Recreational land near trails and upcoming bike park.
      Snyder Lane lot: 28, Bella Vista, AR 72715
      View Details
    • $1,100,000

      Commercial Land in Bella Vista

      Prime commercial land with highway frontage in Bella Vista, AR.
      Bella Vista Way lot: A-2, Bella Vista, AR 72714
      View Details
    • $35,000

      Bella Vista Land Opportunity

      Prime Bella Vista land near trails and Lake Rayburn.
      Lambeth Lane lot: 28, Bella Vista, AR 72714
      View Details
    • $47,000

      Bella Vista Land For Sale

      Residential lot with sewer access and gentle slope.
      Duxford Circle lot: 7, Bella Vista, AR 72714
      View Details
    • $30,000

      Bella Vista Land Near Trails

      Land near Oz Trails Bike Park, great for investment.
      Drifton Drive lot: 7, Bella Vista, AR 72715
      View Details
    • $50,000

      Homesite Near OZ Trails Bike Park

      Prime homesite near new OZ Trails Bike Park.
      Cunningham Lane lot: 3, Bella Vista, AR 72715
      View Details
    • $45,000

      Bella Vista Land Opportunity

      Large lot with winter lake views in Bella Vista.
      Chelmsworth Circle lot: 15, Bella Vista, AR 72715
      View Details
    • $30,000

      Bella Vista Buildable Lot

      Buildable 0.31 acre lot near Oz bike park.
      Queensborough Drive lot: 11, Bella Vista, AR 72715
      View Details
    • $4,800,000
      1,620 SF

      Unique Bella Vista Office Space

      Exceptional office with unique features and income potential in Bella Vista.
      3210 Bella Vista, Bella Vista, AR 72714
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.33-acre lot on Highlands Golf Course in Bella Vista.
    Where is this residential land & home lot located?
    The property is located at Perth Drive lot 5 Bella Vista, AR.
    What is the asking price?
    The asking price for this property is $38,400.
    What are key features of this property?
    This property features: Golf course frontage on the 17th Green of Highlands Golf Course.; Flat, buildable .33‑acre lot.; Close proximity to Lake Loch Lomond marina and Branchwood Recreation Center.
    (479) 986-4311
    We can help!
    Listing Contact
    Sally Swick
    Sally Swick
    Real Estate License ID: EB00088306
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Perth Drive lot: 5, Bella Vista, AR 72715
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!