248 Lookout Dr, Tumbling Shoals, AR 72581
This exceptional $149,500 residential lot offers breathtaking sunset views of Greers Ferry Lake's Dam Site Marina, just minutes from Heber Springs, Arkansas. Located at 248 Lookout Dr, Tumbling Shoals, AR 72581 (35.53281, -91.990032), this Cleburne County property boasts a prime lakefront position within an established neighborhood. Preliminary work has already been completed, including some clearing and a successful perk test, simplifying the building process. The lot has also undergone previous excavation, making it ready for immediate construction. Imagine building your dream home in this idyllic setting, enjoying the tranquility of lake living with convenient access to nearby amenities. This is a rare opportunity to own a piece of Greers Ferry Lake paradise. Don't miss out on this chance to create your perfect lakeside retreat. The property is conveniently located in a well-established neighborhood, offering a sense of community and established infrastructure. This is a truly exceptional opportunity to build your dream home in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.