Property profile

10 Monongahela Dr Cherokee Village, AR 72529

OFF-MARKET
Land
0.86 ac lot
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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

Location

10 Monongahela Dr Cherokee Village, AR 72529
Cherokee Village metro
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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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