1502-1504 Melbourne Dr, Horseshoe Bend, AR 72512
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.