12483 Lodge Dr
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12483 Lodge Dr
25 Acres of Commercial Land Offered at $15,381,246 CAD in Garfield, AR 72732
Virtual Tour
Investment Highlights
- ±25-acre tract at the highest point of elevation in Benton County, likely the only redevelopment site with on-site sewer access and Beaver Lake views.
- Close to high-net-worth amenities like Lost Bridge Air Strip, Lost Bridge Marina, and Beaver Lake Sail Club - 20 min from Rogers Executive Airport.
- Area with unrivaled interest as the population within a 5-mile radius grew by 45% from 2020 to 2024 and is projected to rise another 20% by 2029.
- Redevelopment potential for many uses: condos, hotels, apartments, resorts, corporate retreat, recreational facility, mixed-use properties, and more.
- Walmart’s new world HQ, 35 minutes away in Bentonville, has rocketed growth, and as of 2024, it had more cranes per capita than any other US city.
Executive Summary
Simply put, this opportunity presents one of the most, if not the most, valuable redevelopment opportunities in Arkansas and invites investors to discover the bounty that awaits.
Approximately 25 acres and with a coveted spot at the highest elevation in Benton County, the existing hospitality property is primed for redevelopment to condos, hotels, apartments, a resort, corporate retreats, recreational facilities, mixed-use residential/commercial properties, and many other potential uses, all which would possess the best view of Beaver Lake. Its elevation is not the only unique attribute; it is likely the only redevelopment site overlooking 487 miles of Beaver Lake shoreline with on-site public sewer access. It peaks at 1,810 feet high, and to underscore the rarity of such stature, the highest point overlooking Lake of the Ozarks is 1,772 feet. 12483 Lodge Drive has panoramic views of Beaver Lake, and with the rapidly evolving Northwest Arkansas skyline and sprawling mountains, this property holds one of the best vantage points between the Rockies and Appalachians.
As Northwest Arkansas sees unprecedented expansion, significantly streamlined by Walmart’s new world headquarters, this metro is shifting Arkansas’s economic center of gravity. This site is only 35 minutes from the new Walmart headquarters, and recent population data indicates the area is only getting more popular with permanent residents on top of its established tourism scene. The vicinity is ripe for high-income residences, ideal for the growing number of affluent professionals in the metro, with the Lost Bridge Air Strip 1 mile South, Lost Bridge Marina 1.7 miles East, and Beaver Lake Sail Club 2.7 miles West. Beaver Lake has a very robust housing market, with many homes selling for over $1 million. There is a limited supply of housing on Beaver Lake, which is readying the demand for a new development here. With the best view in the region, a multitude of one-of-a-kind factors, and a market hungry for more, 12483 Lodge Drive is poised to host a residential destination that will garner national renown. Inquire now.
Approximately 25 acres and with a coveted spot at the highest elevation in Benton County, the existing hospitality property is primed for redevelopment to condos, hotels, apartments, a resort, corporate retreats, recreational facilities, mixed-use residential/commercial properties, and many other potential uses, all which would possess the best view of Beaver Lake. Its elevation is not the only unique attribute; it is likely the only redevelopment site overlooking 487 miles of Beaver Lake shoreline with on-site public sewer access. It peaks at 1,810 feet high, and to underscore the rarity of such stature, the highest point overlooking Lake of the Ozarks is 1,772 feet. 12483 Lodge Drive has panoramic views of Beaver Lake, and with the rapidly evolving Northwest Arkansas skyline and sprawling mountains, this property holds one of the best vantage points between the Rockies and Appalachians.
As Northwest Arkansas sees unprecedented expansion, significantly streamlined by Walmart’s new world headquarters, this metro is shifting Arkansas’s economic center of gravity. This site is only 35 minutes from the new Walmart headquarters, and recent population data indicates the area is only getting more popular with permanent residents on top of its established tourism scene. The vicinity is ripe for high-income residences, ideal for the growing number of affluent professionals in the metro, with the Lost Bridge Air Strip 1 mile South, Lost Bridge Marina 1.7 miles East, and Beaver Lake Sail Club 2.7 miles West. Beaver Lake has a very robust housing market, with many homes selling for over $1 million. There is a limited supply of housing on Beaver Lake, which is readying the demand for a new development here. With the best view in the region, a multitude of one-of-a-kind factors, and a market hungry for more, 12483 Lodge Drive is poised to host a residential destination that will garner national renown. Inquire now.
Sale Flyer
Property Facts
| Price | $15,381,246 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 25.00 AC |
| Price | $15,381,246 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 25.00 AC |
1 Lot Available
Lot
| Price | $15,381,246 CAD | Lot Size | 25.00 AC |
| Price Per AC | $615,250 CAD |
| Price | $15,381,246 CAD |
| Price Per AC | $615,250 CAD |
| Lot Size | 25.00 AC |
Former hospitality property. High-end redevelopment opportunity.
Sale Advisor
Sale Advisor
Tim Salmonsen, President of Real Estate Sales and Leasing
(479) 231-1355
Contact
I have lived and worked here in Northwest Arkansas since 1992. I consider this home and love the area. I moved here for a better place to raise my children and the vast opportunities the area offers for business and education. I am a full-time broker with expertise in both commercial, land and residential real estate and have successfully brokered hundreds of transactions. I am here to serve my clients needs first and foremost, and help make your next move a better one. I am active in my community and enjoy volunteering and helping others in my spare time. I chose to work here at Keller Williams because this company shares a similar philosophy about giving back.
I hope you will consider coming to see Northwest Arkansas, if you are not here now, to see all the area has to offer. Please contact me via phone or email and I will send your some great information on the area. I look forward to helping you with your real estate needs.
I hope you will consider coming to see Northwest Arkansas, if you are not here now, to see all the area has to offer. Please contact me via phone or email and I will send your some great information on the area. I look forward to helping you with your real estate needs.
-
Tim Salmonsen -
Salmonsen Group of KW Commercial
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