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

    1257 E Highway 188 Mount Ida, AR 71957

    View on Map
    For Sale
    $149,000

    Acreage - Mount Ida, AR

    Lot size:
    2.31 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 1257 E Highway 188

    General Information

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

    Taxes and HOA fees

    TaxAnnualAmount
    153

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Letitia Sommerkorn
    Letitia Sommerkorn

    Listing agent Letitia Sommerkorn

    Listing office Caddo River Realty, Inc. Branch Office 601 E. Hwy 240, Hot Springs, AR

    Listing date Mar 24, 2026

    MLS# 26011244 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

    Mount Ida Acreage with Utilities

    This 2.31± acre property is located in Mount Ida and features frontage on Highway 188 E. A circle drive provides easy access. The property includes a 100-amp electric service, a septic system, and two wells. Two water spigots are in place. A small pond features an 8x12 covered deck. The property borders National Forest on the east side. It is located approximately 5 miles from the Little Fir Boat Ramp. This property is suited for a weekend getaway, full-time living, or investment opportunity near Lake Ouachita.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mount Ida
    County
    Montgomery
    State
    Arkansas
    Longitude
    -93.544957
    Latitude
    34.593916

    Nearby Similar for Sale

    • $829,000
      1,261 SF

      Versatile Property with Storage Business

      60-acre property with storage business, pond, and highway frontage.
      3056 Hwy 270 E, Mount Ida, AR 71957
      View Details
    • $52,000
      1,824 SF

      Historic Building in Mount Ida

      Iconic commercial property in the Quartz Crystal Capital of the World.
      140 West Street, Mount Ida, AR 71957
      View Details
    • $605,000
      21,000 SF

      Versatile Commercial Building on Highway

      21,000 SF building on 2.5 acres with highway visibility.
      112 W Highway 270, Mount Ida, AR 71957
      View Details
    • $160,000
      4,162 SF

      Mount Ida Commercial Building

      4,162 SF commercial building on 0.36 acres.
      28 N Highway 27, Mount Ida, AR 71957
      View Details
    • $240,000
      4,162 SF

      Turnkey Woodworking Business and Facility

      Established woodworking business with commercial facility on 0.36 acres.
      28 N Highway 27, Mount Ida, AR 71957
      View Details
    • $40,000

      Mount Ida Acreage Near River

      4.11 acres near Ouachita River, ideal for recreation.
      9999 Riverfront Drive, Mount Ida, AR 71957
      View Details
    • $25,000

      Residential Lot with Mountain View

      Quarter-acre residential lot near downtown Mount Ida, Arkansas.
      121 Watkins Lane, Mount Ida, AR 71957-9999
      View Details
    • $5,750,000
      10,000 SF

      Arkansas Mobile Home Park Portfolio

      73-lot mobile home park portfolio in Arkansas for sale.
      Three MHP ARKANSAS, Mount Ida, AR 71957
      View Details
    • $246,000

      Mount Ida Wooded Acreage

      5.67 acres near Lake Ouachita, ready to build.
      84 Creek Side, Mount Ida, AR 71957
      View Details
    • $159,900

      Flat Land Near Lake Ouachita

      4.51 acres near Mountain Harbor Resort and Ouachita Forest.
      270 HWY, Mount Ida, AR 71957
      View Details
    • $125,000

      Wooded Acreage Bordering National Forest

      10± acres near Ouachita River, ideal for recreation.
      TBD Gaston Road, Mount Ida, AR 71957
      View Details
    • $300,000

      Mount Ida Wooded Subdivision Lot

      Wooded 4.34 acre lot near Lake Ouachita and national forest.
      16 Hillside Trail, Mount Ida, AR 71957
      View Details

    FAQs

    What type of property is this?
    Land - 2.31± acres with utilities, pond, and highway frontage.
    Where is this land located?
    The property is located at 1257 E Highway 188 Mount Ida, AR.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 2.31± acre property bordering National Forest, offering privacy and direct access to outdoor recreation.; Equipped with 100‑amp electric service, septic system, and two wells already in place.; Located approximately 5 miles from the Little Fir Boat Ramp on Lake Ouachita.
    (870) 490-0791
    We can help!
    Listing Contact
    Letitia Sommerkorn
    Letitia Sommerkorn
    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!