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    OFF-MARKET
    Commercial real estate

    248 Lookout Dr, Tumbling Shoals, AR 72581

    Property ID
    US05-0973340
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US05-0973340
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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