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    OFF-MARKET
    Land

    0 Cardinal Dr, Mountain Home, AR 72653

    11.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 11.3 ac (492,228 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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