10 Monongahela Dr, Cherokee Village, AR 72529
This exceptional 0.86-acre commercial land parcel presents a unique investment opportunity in the serene Ozarks. Situated in Cherokee Village, Arkansas, this property boasts beautiful lake frontage on Navajo Lake, a fishing-only lake. The land comprises two contiguous lots (9 & 10), conveniently available for individual or combined purchase. Purchasing both lots offers the most cost-effective option. Note that an improvement package may be available for Lot 9, but not for Lot 10. Located on Monongahela Drive in Sharp County, this property offers a quiet neighborhood setting with easy access to the lake. The address is Lots 9 & 10 Monongahela Drive, Cherokee Village, AR 72529. Owner financing is available with a suitable down payment. This is an ideal location for various commercial ventures, taking advantage of the peaceful lakefront setting and the potential for development. The property's location in the Ozarks region of Arkansas provides access to a range of outdoor recreational activities and a strong tourism market. This presents a compelling opportunity for investors seeking a tranquil yet commercially viable location.
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
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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.