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

    002 Tomahawk Slab Road Saint Joe, AR 72675

    View on Map
    Claim this Listing
    For Sale
    $408,000

    Vacant Land - Saint Joe, AR

    Lot size:
    102.00 Acres
    Added:
    Jul 15, 2025
    Days on Market:
    290
    Last Refresh:
    Apr 30 at 9:06 pm

    Property Features for 002 Tomahawk Slab Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    102.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tammy Kell

    Listing agent Tammy Kell

    Listing office National Land Realty, Little Rock, AR 1501 N. Pierce St., Little Rock, AR

    Listing date Jul 15, 2025

    MLS# 11544054 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ozark Mountain Land with Views

    This 102± acre property is located near St. Joe in Searcy County, AR. The land features panoramic Ozark views, rolling pastures, and mixed timber. Road frontage is available on Tomahawk Slab Road. The property includes multiple hilltop build sites, wooded hollers, and two seasonal wet-weather branches. Electricity and rural water are accessible nearby for future development. The land is suited for a homestead, short term rental, hunting retreat, or recreational getaway. The property includes a mix of open and wooded terrain, internal trails, and wildlife habitat. It is located minutes from Buffalo National River Gilbert access. The property offers privacy, elevation, and usability, suitable for those seeking views, recreational riding, peace, and investment potential in the Ozarks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Saint Joe
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.69758
    Latitude
    36.014911

    Nearby Similar for Sale

    • $282,800
      3,113 SF

      Saint Joe Motel and Home

      House and 5-unit motel near Buffalo National River.
      325 N HWY 65, Saint Joe, AR 72675
      View Details
    • $232,900
      3,113 SF

      Saint Joe Apartments and Motel

      House and 5-unit motel with income opportunities in Saint Joe.
      325 N Highway 65, Saint Joe, AR 72675
      View Details
    • $90,000

      9 Acres Overlooking Highway 65

      9-acre tract in Saint Joe, Arkansas, with highway views.
      384 Rocky Top, Saint Joe, AR 72675
      View Details
    • $350,000

      Saint Joe Acreage Near River

      70 acres near Buffalo National River with year-round creek.
      1516 Mercy Lane, Saint Joe, AR 72675
      View Details
    • $232,900
      3,113 SF

      Saint Joe Motel and Home

      Home and income property near Buffalo National River.
      325 N Hwy 65, Saint Joe, AR 72675
      View Details
    • $1,250,000
      4,547 SF

      Turn-Key Investment Opportunity in Saint Joe

      Mixed-use property with restaurant, store, cabins, and residence.
      12633 HWY 65, Saint Joe, AR 72675
      View Details
    • $212,500

      50 Acres Vacant Land

      50± acre tract near St. Joe, AR.
      001 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $223,250

      47 Acres Near Buffalo River

      47± acre property near Buffalo National River.
      014 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $110,500

      26 Acres Near Buffalo River

      26± acre wooded tract near Buffalo National River.
      006 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $180,000

      40 Acres Near Buffalo River

      Secluded land near Buffalo River, ideal for hunting or development.
      004 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $91,000

      Saint Joe Vacant Land

      28± acres near Buffalo National River, ideal for recreation.
      009 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $108,000

      Saint Joe Vacant Land

      18+/- acre tract near Buffalo National River.
      012 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details

    FAQs

    What type of property is this?
    Land - 102± acre land with panoramic views and development potential.
    Where is this land located?
    The property is located at 002 Tomahawk Slab Road Saint Joe, AR.
    What is the asking price?
    The asking price for this property is $408,000.
    What are key features of this property?
    This property features: Panoramic Ozark Mountain views and multiple hilltop build sites.; 102± acres of rolling pastures and mixed timber.; Minutes from Buffalo National River Gilbert access.
    (501) 250-6727
    We can help!
    Listing Contact
    Tammy Kell
    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!