Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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