0 Cardinal Dr, Mountain Home, AR 72653
This exceptional 11.31-acre property in Mountain Home, Arkansas, presents a unique opportunity for residential development. Located on Cardinal Drive, the land boasts 488 feet of frontage, offering excellent accessibility. An elevation survey has already been completed to assess fill requirements for maximizing usable acreage outside the floodplain. Comprehensive documentation includes floodway and floodplain attachments, as well as a boundary survey. The property's R-1 zoning allows for various residential uses, potentially including multi-family dwellings. Note that access to the back acreage (west/southwest of a creek) is possible via Joyce Street. The asking price is $269,000, translating to approximately $23,805 per acre. The property's APN is 007-03193-000. Prospective buyers are responsible for conducting thorough due diligence regarding usable acreage, utility access, and floodplain considerations. This property is situated in Baxter County, Arkansas, with the zip code 72653. The coordinates are 36.336485 latitude and -92.3715712 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.