Sign Up Successful!
You now have access to more from Realmo!
    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

    001-03671-002 Hwy 101 Gamaliel, AR 72537

    Sponsored
    For Sale
    $85,000

    Acreage - Gamaliel, AR

    Lot size:
    3.00 Acres
    Days on Market:
    65
    Last Refresh:
    Feb 3 at 9:06 pm

    Property Features for 001-03671-002 Hwy 101

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    CAROL FLAHERTY
    CAROL FLAHERTY

    United Country Moody Realty, Inc. (870) 895-3233

    Listing agent CAROL FLAHERTY (870) 425-3820

    Listing date Dec 1, 2025

    MLS# 132916 Listing URL

    Copyright © 2026 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land Near Lake Norfork

    This 3-acre property near Lake Norfork offers the opportunity to own land with no restrictions. Located minutes from Panther Bay Marina and Fouts Marina, it is suitable for recreational use. The property is conveniently located near shopping, restaurants, and other recreational opportunities. The owner is in the process of conducting perc tests for the lots, making it suitable for building a dream home and living the lake life.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Gamaliel
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.2065
    Latitude
    36.4673

    Nearby Similar for Sale

    • $970,000
      6,634 SF

      Lake Norfork Resort with Cabins

      Turnkey lake-view resort with cabins, barndominium, and event pavilion.
      2655 Highway 101, Gamaliel, AR 72537
      View Details
    • $869,900
      2,802 SF

      Lake Norfork Resort Opportunity

      Thriving resort on 4.5 acres near Lake Norfork.
      2325 Fout Rd, Gamaliel, AR 72537
      View Details
    • New
      $1,190,000
      3.47 Acres

      Income-Producing Apartment Complex in Gamaliel

      Fully leased 16-unit apartment complex on 3.47 acres.
      3166 Highway 101, Gamaliel, AR 72537
      View Details
    • $889,900

      Lake Norfork Resort Opportunity

      Thriving resort on Lake Norfork with multiple income streams.
      2325 Fout Rd, Gamaliel, AR 72537
      View Details
    • $800,000

      Gamaliel, AR RV Park

      Serene RV park with barndominium on 19 acres.
      23 Avant Cir, Gamaliel, AR 72537
      View Details
    • $765,000

      Income-Producing Multifamily Property in Gamaliel

      Nine-unit multifamily property on 2.21 acres, fully leased.
      3166 Highway 101, Gamaliel, AR 72537
      View Details
    • $525,000
      6,800 SF

      Income-Producing Multifamily Property in Gamaliel

      Seven-unit multifamily property on 1.56 acres in Gamaliel, Arkansas.
      166 Cr 806, Gamaliel, AR 72637
      View Details
    • $525,000

      Income-Producing Multi-Unit Property in Gamaliel

      Seven-unit property with long-term tenants on 1.56 acres.
      166 Cr 806, Gamaliel, AR 72637
      View Details
    • $675,000
      27,038 SF

      Gamaliel Self-Storage Investment Opportunity

      84-unit self-storage facility near Norfork Lake on 4.12 acres.
      3286 Highway 101, Gamaliel, AR 72537
      View Details
    • $675,000

      Storage Units Near Norfork Lake

      84 storage units with security features and highway visibility.
      3286 Highway 101, Gamaliel, AR 72537
      View Details
    • $889,900
      4.50 Acres

      Gamaliel, AR Business Opportunity

      Prime 4.5-acre Commercial Land
      2325 Fout Rd, Gamaliel, AR 72537
      View Details
    • $899,900
      4.50 Acres

      Lake Norfork Resort - Gamaliel, AR

      Thriving resort, 4.5 acres, Lake Norfork.
      2325 Fout Rd, Gamaliel, AR 72537
      View Details

    FAQs

    What type of property is this?
    Land - Unrestricted acreage near marinas, ideal for recreation or building.
    Where is this land located?
    The property is located at 001-03671-002 Hwy 101 Gamaliel, AR.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - No restrictions on the property offering you flexibility.; - Close proximity to Lake Norfork for endless water activities.; - Minutes from Panther Bay Marina and Fouts Marina.
    (870) 421-5265
    Request Owner's contact information
    001-03671-002 Hwy 101 Gamaliel, AR 72537
    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.
    001-03671-002 Hwy 101
    Gamaliel, AR 72537
    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
    001-03671-002 Hwy 101 Gamaliel, AR 72537
    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

    We can help!
    Listing Contact
    CAROL FLAHERTY
    CAROL FLAHERTY
    (870) 421-5265
    Learn more
    Google sign-in failed. Please try again or use another login method.