Property profile

609 Melbourne Dr Horseshoe Bend, AR 72512

OFF-MARKET
Land
0.25 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.25 ac (10,890 SF)

Cap rate & NOI

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

Location

609 Melbourne Dr Horseshoe Bend, AR 72512
Horseshoe Bend 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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