Property profile

0 Cardinal Dr Mountain Home, AR 72653

OFF-MARKET
Land
11.3 ac lot
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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

Location

Cardinal Dr Mountain Home, AR 72653
Mountain Home metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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