Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1510-1518 Melbourne Dr Horseshoe Bend, AR 72512

    • Land
    • 1.25 lot acres
    For Sale
    View listing
    $8,750
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1510-1518 Melbourne Dr

    Lot size
    1.25 lot acres
    Property type
    Land

    Description

    This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the serene town of Horseshoe Bend, Arkansas. Located at 1510-1518 Melbourne Drive, 72512, this property boasts a prime location in Izard County, nestled in the picturesque Ozark foothills. The asking price is $8,750. Imagine building your dream home or establishing a business in this charming community, known for its friendly atmosphere and access to five area lakes. Enjoy the tranquility of the Ozarks while benefiting from nearby amenities including two golf courses, tennis courts, indoor swimming pools, resorts, spas, convenient shopping, and diverse restaurants. Low taxes add to the appeal of this exceptional property, making it ideal for those seeking a peaceful yet convenient location. This is a rare chance to own a piece of the beautiful Arkansas landscape, perfect for a variety of commercial ventures or a tranquil residential escape. The property's latitude and longitude coordinates are 36.232877 and -91.722585 respectively. Don't miss this opportunity to own a piece of the Arkansas Ozarks.

    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
    -91.7226
    Latitude
    36.2329

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      1009 Whipporwill St

      Land • 0.25 Acres
      1009 Whipporwill St, Horseshoe Bend, AR 72512
      View Details
    • Value Estimation by Request
      0.25 Acres

      1108 Grapevine Ln

      Land • 0.25 Acres
      1108 Grapevine Ln, Horseshoe Bend, AR 72512
      View Details
    • Value Estimation by Request

      320 Pavilion Ln

      Land
      320 Pavilion Ln, Horseshoe Bend, AR 72512
      View Details
    • Value Estimation by Request
      0.25 Acres

      1517 Raspberry Ln

      Land • 0.25 Acres
      1517 Raspberry Ln, Horseshoe Bend, AR 72512
      View Details
    • Value Estimation by Request
      0.50 Acres

      1502-1504 Melbourne Dr

      Land • 0.50 Acres
      1502-1504 Melbourne Dr, Horseshoe Bend, AR 72512
      View Details
    • Value Estimation by Request
      0.24 Acres

      1002 Whipporwill St

      Land • 0.24 Acres
      1002 Whipporwill St, Horseshoe Bend, AR 72512
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Prime Horseshoe Bend Land

      0.5-acre commercial lot, Ozark foothills.
      1100-1102 Grapevine Ln, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.27 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront commercial lot, 0.27 acres.
      1000 Whipporwill St, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.25 Acres

      Horseshoe Bend Commercial Land Parcel

      Arkansas lakefront commercial land, $1950.
      1409 Blackberry Ln, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.22 Acres

      Horseshoe Bend Commercial Land Parcel

      Prime 0.22-acre commercial lot, ideal location.
      1507 Robin St, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.24 Acres

      Horseshoe Bend Commercial Land Parcel

      0.24-acre commercial lot, prime location.
      1303 Pheasant Dr, Horseshoe Bend, AR 72512
      View Details
    • Contact for pricing
      0.22 Acres

      Horseshoe Bend Commercial Land

      Arkansas lakefront commercial lot, 0.22 acres.
      1410 Jay Hawk St, Horseshoe Bend, AR 72512
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1510-1518 Melbourne Dr
    Horseshoe Bend, AR 72512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.