Property profile

9 Monongahela Dr Cherokee Village, AR 72529

OFF-MARKET
Land
Property ID
US05-0523540
0.42 ac lot
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Property summary

AI-generated overview

This exceptional 0.42-acre commercial land parcel is situated on Monongahela Drive in Cherokee Village, Arkansas, within Sharp County (zip code 72529). The property boasts desirable lake frontage on Navajo Lake, a fishing-only lake, offering a tranquil setting within a quiet neighborhood. This presents a unique opportunity for commercial development in the beautiful Ozark Mountains. The asking price for this Arkansas vacant land is $21,900. The seller is open to owner financing with an acceptable down payment. This lot provides excellent potential for various commercial ventures, capitalizing on its picturesque location and proximity to the lake. Its 0.42-acre size offers ample space for development, while the peaceful surroundings create an attractive environment for businesses seeking a serene yet accessible location. The property's address is Lot 9 Monongahela Drive, Cherokee Village, AR 72529. Coordinates are 36.2731977 latitude and -91.5440548 longitude. This is a rare opportunity to acquire a commercial lot with lake frontage in the desirable Ozarks region.

Property profile

Verified
Property type Land
Lot 0.42 ac (18,295 SF)
UPID US05-0523540

Cap rate & NOI

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

Location

9 Monongahela Dr Cherokee Village, AR 72529
Cherokee Village 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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