Property profile

12483 Ldg Rd Garfield, AR 72732

OFF-MARKET
Commercial real estate
18,252 SF 24.92 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 18,252 square foot lodge, nestled on approximately 24.92 acres overlooking Beaver Lake in Garfield, Arkansas, presents a unique investment opportunity. Situated 700 feet above the lake, the property boasts breathtaking, year-round panoramic views. The lodge itself features 16 rooms, a downstairs bar, and an expansive outdoor patio, perfect for entertaining. Extensive renovations were completed between 2002 and 2003, with further updates to the hotel rooms in 2010. This property stands out due to its rare access to sewer lines, opening up a wide array of redevelopment possibilities. Potential uses include, but are not limited to: corporate retreats, family getaways, a recreational facility, hotel units, apartments, a mixed-use development, a resort, condominiums, or a convention center. The location and views are ideal for hosting weddings, establishing a high-end restaurant, or creating a premier corporate retreat destination. The property's versatility and prime location make it an exceptional investment with significant potential for high returns. The asking price is $10,950,000.

Property profile

Verified
Property type Commercial real estate
Year built 1972
Total area 18,252 SF
Lot 24.92 ac (1,085,515 SF)

Cap rate & NOI

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

Location

12483 Ldg Rd Garfield, AR 72732
Garfield metro
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Value estimations

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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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