609 Melbourne Dr, Horseshoe Bend, AR 72512
This exceptional 0.25-acre commercial lot presents a unique investment opportunity in the desirable Horseshoe Bend, Arkansas area. Situated in Izard County, at 609 Melbourne Dr, 72512, this property offers a tranquil setting in the foothills of the Ozark Mountains, near five area lakes. The location provides easy access to a variety of amenities, including two nearby golf courses, tennis courts, indoor swimming pools, resorts, spas, shopping, and restaurants. The charming community of Horseshoe Bend boasts low taxes and a welcoming atmosphere, making it an ideal location for a new commercial venture or a peaceful vacation retreat. The property's 0.25-acre size provides ample space for development, while its proximity to recreational opportunities and convenient amenities ensures high potential for return on investment. This is a rare chance to acquire a piece of land in a thriving Arkansas community with exceptional natural beauty and a strong sense of community. The property is located at the coordinates 36.235036, -91.720634. This prime commercial lot is priced at $1,950.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.