Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12483 Ldg Rd Garfield, AR 72732

    • Commercial real estate
    • 18,252 SF
    • 24.92 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12483 Ldg Rd

    Year built
    1972
    Lot size
    24.92 lot acres
    Property size
    18,252 SF
    Property type
    Commercial real estate

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garfield
    County
    Benton
    State
    Arkansas
    Longitude
    -93.9167
    Latitude
    36.4007

    Comparable in this City

    • Value Estimation
      $320,000
      7.88 Acres

      Airport Dr

      COMMERCIAL (GENERAL) • 7.88 Acres
      Airport Dr, Rogers, AR 72732
      View Details
    • Value Estimation by Request

      127th Hwy Hwy

      COMMERCIAL (GENERAL)
      127th Hwy Hwy, Garfield, AR 72732
      View Details
    • Value Estimation by Request

      14599 Blueberry Ln

      COMMERCIAL (GENERAL)
      14599 Blueberry Ln, Garfield, AR 72732
      View Details
    • Value Estimation by Request

      Dennis Mitchell Rd

      COMMERCIAL (GENERAL)
      Dennis Mitchell Rd, Garfield, AR 72732
      View Details
    • Value Estimation
      $305,000
      4.88 Acres

      16891 Wendell Jones Rd

      COMMERCIAL (GENERAL) • 4.88 Acres
      16891 Wendell Jones Rd, Garfield, AR 72732-8727
      View Details
    • Value Estimation by Request
      32.47 Acres

      32.47 Acres Slate Gap Rd

      Land • 32.47 Acres
      0 32.47 Acres Slate Gap Rd, Garfield, AR 72732
      View Details

    Similar Nearby for Sale

    • $10,950,000
      24.92 Acres

      Arkansas Mountain Lodge: Redevelopment Opportunity

      Luxury Lodge, 16 Units, Stunning Views
      12483 Lodge Dr, Garfield, AR 72732
      View Details
    • Contact for pricing
      0.33 Acres

      Whitney Mountain Residential Lot

      Residential lot with community amenities and lake views.
      60 Lodge Dr, Garfield, AR 72732
      View Details
    • $3,500,000
      174.99 Acres

      Beaver Lakefront Acres with Development Potential

      175 acres on Beaver Lake with two residences and outbuildings.
      11105 Cedar Rock Rd, Garfield, AR 72732
      View Details
    • Contact for pricing
      0.46 Acres

      Residential Lot Near Beaver Lake

      Secluded 0.46-acre homesite near Beaver Lake in Rogers, Arkansas.
      58 Posy Mountain Dr, Rogers, AR 72732
      View Details
    • $400,000
      5.21 Acres

      Rogers, AR Commercial Land

      5.21 acres with highway frontage near Rogers and Bentonville.
      5.21 Acres Hwy 62, Rogers, AR 72732
      View Details
    • $220,000
      685 SF

      Unique Yurt Retreat or Income

      Furnished yurt with upgrades, decks, and RV pad near Beaver Lake.
      15936 Skyline Dr, Garfield, AR 72732
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12483 Ldg Rd
    Garfield, AR 72732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.