Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 Bear Skin Drive Harriet, AR 72650

    View on Map
    For Sale
    $120,000

    Acreage - Harriet, AR

    Lot size:
    40.00 Acres
    Added:
    Feb 15, 2025
    Days on Market:
    418
    Last Refresh:
    Apr 9 at 2:06 am

    Property Features for 00 Bear Skin Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Livestock Allowed
    Standard status
    Active
    Lot size
    40.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    111.44

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lora Blair
    Lora Blair

    Listing agent Lora Blair

    Listing office Blair & Co. Realtors 3290 S. 2nd St., Suite C, Cabot, AR

    Listing date Feb 15, 2025

    MLS# 25006344 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arkansas Wilderness Acreage Near Buffalo

    This 40-acre property is located near the Spring Creek Recreation Area on the Buffalo River. The land is mostly wooded and includes a cleared building site. It backs up to Loafers Glory WMA, making it suitable for hunting. The property offers access to fishing, floating, and other outdoor activities. It is located in Harriet, AR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harriet
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.655
    Latitude
    35.9407

    Nearby Similar for Sale

    • $675,000
      3,424 SF

      Renovated Resort Near Buffalo River

      Turn-key resort near Buffalo National River with significant upside potential.
      821 W Hwy 14, Harriet, AR 72639
      View Details
    • $675,000
      3,424 SF

      Renovated Resort Near Buffalo River

      Turn-key resort on 17 acres near Buffalo National River.
      821 W Hwy 14, Harriet, AR 72639
      View Details
    • $399,000

      Harriet, Arkansas Recreational Hunting Land

      141 acre recreational and hunting property near Buffalo River.
      000 Schnauzer LN, Harriet, AR 72639
      View Details
    • $112,000

      28 Acres Near Buffalo River

      Land near Buffalo River, ideal hunting and cabin retreat.
      00 Gutter RD, Harriet, AR 72639
      View Details
    • $47,500

      Harriet, AR Acreage Near River

      7.51 acres near Buffalo National River with recreational opportunities.
      229 Mayapple Road, Harriet, AR 72639
      View Details
    • $47,500

      Harriet, AR Land for Sale

      7.51 acre tract near Buffalo National River.
      229 Mayapple Road, Harriet, AR 72639
      View Details
    • $147,000

      Heavily Wooded Acreage in Harriet

      40+ acres in Ozark Mountains near Buffalo National River.
      000 fawn Road, Harriet, AR 72639-9998
      View Details
    • $230,000

      Harriet, AR Hunting & Recreation

      65 acres m/l of prime hunting and recreational land.
      001-01616-004 HWY 14, Harriet, AR 72639
      View Details
    • $33,000

      Harriet Acreage: Cabin Building Location

      11.62 acres near Buffalo National River.
      357 Coza Home Road, Harriet, AR 72639
      View Details
    • $33,000

      Harriet, AR Wooded Acreage

      11.62 acres near Buffalo National River.
      357 Coza Home Road, Harriet, AR 72639
      View Details
    • $74,900

      Harriet, AR Timber Acreage

      18.74 acres with timber, creek, and highway frontage.
      2671 AR 14 Highway, Harriet, AR 72639
      View Details
    • $250,000

      Harriet, Arkansas Acreage Opportunity

      48.28 acres of residential vacant land in Harriet, Arkansas.
      +/- 48.28 Acre 156 Highway, Harriet, AR 72639
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres near Buffalo River, ideal for recreation and hunting.
    Where is this land located?
    The property is located at 00 Bear Skin Drive Harriet, AR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Directly backs up to Loafers Glory Wildlife Management Area (WMA).; Located near the Buffalo River and Spring Creek Recreation Area.; 40‑acre property offering seclusion and outdoor recreation opportunities.
    (501) 529-5292
    We can help!
    Listing Contact
    Lora Blair
    Lora Blair
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!