2655 Highway 101 Gamaliel, AR ^$ 970,000

2655 Highway 101

^$ 970,000

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2655 Highway 101

Gamaliel, AR, 72537

^$ 970,000

Bedrooms-- Baths-- Sq 6,634

Monthly Estimate*

^$ 6,052

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Commercial Property for sale in Gamaliel, AR

for $970,000. This 6,634 square foot building was built in 2000 on a lot size of 3.9.

Lake Norfork, AR â Wagon Wheel Resort Turnkey lake-view resort featuring 7 furnished cabins and a 3-bed/2-bath barndominium just steps from Lake Norfork and a nearby boat ramp. Amenities include a volleyball court, fenced playground, bonfire areas, hammocks, grills at every cabin, and a beautiful event pavilion. The property offers room to expand with additional cabins and an active wedding venue setup, strong rental history, and the potential to increase income under new ownership. Perfect opportunity for an investor or owner-operator looking for a profitable lakeside retreat.

Commercial Active

Price

^$ 970,000

Property Type

Commercial

Taxes

^$ 2,725

Style

Country

Lot Size

3.9

Year Built

2000

Town/City

Gamaliel

County/Region

Baxter

MLS | Web ID

25044715

Features

General

Heating Window Units

Utilities Septic Well Electric-Municipal Gas-Propane/Butane

Year Built 2000

Parking 11 - 25 Spaces

Tenant Pays None

Style Country

Stories Count One Story Two Story

County Baxter

Class Commercial / Industrial

Type Business Bldg and Land

Business Type Vacation Rental

Business Name Wagon Wheel Resort

Tax Year 2023

Inside City Limits No

Status Active

Subdivision AR

Sale/Rent For Sale

Status Detail 0

Primary City Gamaliel

Directions From Hwy 62 turn onto Hwy 101 & drive until you see Wagon Wheel Resort on your right

City Gamaliel

DOM 35

Postal Code 72537

Price Per Sq Ft Total AG 146.22

Public Remarks Lake Norfork AR â Wagon Wheel Resort Turnkey lake-view resort featuring 7 furnished cabins and a 3-bed/2-bath barndominium just steps from Lake Norfork and a nearby boat ramp. Amenities include a v

Exterior

Exterior Metal/Vinyl Siding Wood Siding

Exterior Amenities Partially Fenced

Road Surface Gravel Paved

Foundation Crawl Space Slab

Lake Name Norfork

Lot Size Area 3.9

Lake Yes

Lot Dimensions 169 884 +/- sq. ft.

Lot Sloped Level Resort Property Cleared Lake View

Parking 25

Interior

Floors Wall-to-Wall Carpet Vinyl Tile

Walls Sheet Rock

* Excluded Features

List By

Chris McAdams

Listing Agent

Crye-Leike Realtors Jonesboro

Broker

chris.mcadams1090@gmail.com

Affordability Calculator

$6,279

Per Month

Monthly Principal & Interest: $6,052
Monthly Property Taxes: $227
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gamaliel, AR

Average List Price ^$924,950

Percent of Sale Price 5%

About Gamaliel, AR

815 Population

-4% Since 2002

^$32,326 Median Income

57.14 Median Age

6% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
11/26/2025	$970,000	-9.35%	Price Down
11/7/2025	$1,070,000		Listed Price

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2655 Highway 101, Gamaliel, AR, 72537 is a Commercial Property for sale at $970,000 with 6,634 sqft and a lot size of 3.9. 2655 Highway 101 was built in 2000. The property's zip code is 72537 which is in Gamaliel, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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2655 Highway 101

Commercial Property for sale in Gamaliel, AR

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