Property profile

139 Outback Ln Norfork, AR 72519

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial lot in the prestigious Norfork Lake Overlook Estates subdivision in Jordan, Arkansas (zip code 72519), presents a unique investment opportunity. Priced at $130,000, the property boasts a brand-new well and septic system, along with readily available North Arkansas Electric Cooperative (NAEC) power. An impressive 80x100-foot pad and driveway are already in place, providing a solid foundation for immediate development. The location offers breathtaking views of the surrounding natural beauty and the tranquility of this idyllic setting. Conveniently located minutes from The Grill at Whispering Woods restaurant, Norfork Lake, and the White River, this property combines luxury and accessibility. Whether your vision involves a commercial venture capitalizing on the area's tourism or a unique residential development, this land provides unparalleled potential. The property is situated in Baxter County and offers easy access to recreational activities such as fishing and boating. This is a rare chance to acquire a prime piece of real estate in a highly sought-after location. Don't miss this opportunity to own a piece of paradise.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

139 Outback Ln Norfork, AR 72519
Norfork 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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