1604 Melbourne Dr, Horseshoe Bend, AR 72512
This 0.25-acre commercial lot in Horseshoe Bend, Arkansas, presents a unique investment opportunity. Situated in Izard County, this property offers a peaceful setting in the Ozark foothills, close to five area lakes. The location provides easy access to a variety of amenities, including two nearby golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and restaurants. The low taxes and friendly community atmosphere make Horseshoe Bend an attractive location for building a home or establishing a vacation getaway. This lot is ideal for those seeking a tranquil setting with convenient access to recreational activities and modern conveniences. The property's proximity to the lake enhances its appeal and potential for development. Buyers will appreciate the charm of this southern community and the potential for various commercial ventures. The land is ready for development, offering a blank canvas for your vision. This is a prime opportunity to own a piece of the beautiful Arkansas Ozarks.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.