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    607-609 Melbourne Dr Horseshoe Bend, AR 72512

    • Land
    • 0.50 lot acres
    For Sale
    View listing
    $3,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 607-609 Melbourne Dr

    Lot size
    0.50 lot acres
    Property type
    Land

    Description

    This exceptional 0.5-acre commercial lot is situated in the serene town of Horseshoe Bend, Arkansas, nestled within the picturesque Ozark foothills. Priced affordably at $3,500, this property presents a unique opportunity for investors or developers seeking a foothold in a charming community. Horseshoe Bend boasts five area lakes, providing recreational opportunities and stunning natural beauty. The area also offers low taxes and a welcoming atmosphere. Enjoy convenient access to nearby amenities, including two golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and diverse dining options. This level, buildable lot is ideal for a variety of commercial ventures, capitalizing on the area's growing tourism and recreational appeal. The property's location in Izard County, Arkansas, with its zip code 72512, ensures easy access to local services and attractions. Don't miss this chance to acquire a piece of the Ozark charm at an exceptional price.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.7206
    Latitude
    36.2348

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    607-609 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
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