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    OFF-MARKET
    Land

    1502-1504 Melbourne Dr, Horseshoe Bend, AR 72512

    0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Located at 1502-1504 Melbourne Drive, 72512, this property offers a blank canvas for various commercial ventures. Situated in Izard County, within the picturesque Ozark foothills, this lot benefits from the area's natural beauty and relaxed atmosphere. Horseshoe Bend boasts five area lakes, providing recreational opportunities and attracting tourism. The community also offers a welcoming environment, low taxes, and convenient access to amenities including golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and diverse restaurants. This property's strategic location and the area's appeal make it ideal for development, offering significant potential for return on investment. The asking price is $3,500. Don't miss this chance to acquire a piece of land in a thriving Arkansas community. The property's latitude and longitude coordinates are 36.232423 and -91.723766 respectively.

    Property profile
    Verified
    Property type Land
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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