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    OFF-MARKET
    Land

    10 Monongahela Dr, Cherokee Village, AR 72529

    0.86 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.86 ac (37,462 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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