Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in the Ozark Mountains Title is generated by Realmo AI

    168 Reflections Drive, Marshall, AR 72650

    View on Map
    Claim this Listing
    For Sale
    $80,000

    LAND - Marshall, AR

    Lot size:
    19.74 Acres
    Added:
    Mar 30, 2026
    Days on Market:
    54
    Last Refresh:
    May 22 at 6:06 am

    Property Features for 168 Reflections Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001-02976-001
    Lot size
    19.74 Acres

    Taxes and HOA fees

    Tax Description
    N 1/2 of the SW SW 21-15-15
    Tax Annual Amount
    20

    We can help!

    Listing Contact
    Randy McCallister

    Listing agent Randy McCallister License #PB00074974

    Listing office Goodman Realty Arkansas-Marshall 501 South Hwy 65, Marshall, AR

    Listing date Mar 30, 2026

    MLS# 26012315 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.

    HighLights

    • 19.74 surveyed acres in the Ozark Mountains with no restrictions.
    • Ideal for building a house or cabin on a dead‑end road.
    • Conveniently located 1 mile from Hwy 74 E and 5 miles from Hwy 65 in Marshall.
    • Electric service available 900' from a potential building site.
    • Features marketable timber and rock, plus rock formations.
    • Suitable for hunting with two seasonal streams potentially feeding a year‑round brook.

    Overview

    This is 19.74 surveyed acres of wooded, unimproved land located on a dead-end road in the Ozark Mountains, approximately one mile from paved Highway 74 E and five miles from Highway 65 in Marshall, Arkansas. The property is suitable for building a house or cabin and also for hunting. Most of the land is gently sloping, with some steeper areas. The property features some marketable timber and rock, as well as rock formations. Two seasonal streams flow into what might be a small year-round brook. Electric service is located 900 feet away from a potential building site. There are no restrictions on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Marshall
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.5920459
    Latitude
    35.9232233

    Nearby Similar for Sale

    • $275,000
      1,302 SF

      Income Property Near Buffalo River

      Income-producing property with short-term rental and general store.
      128 River Road, Marshall, AR 72650
      View Details
    • $300,000

      Marshall, AR Hunting Land

      80+/- acres with views, trails, and infrastructure ready.
      Fallen Tree, Marshall, AR 72650
      View Details
    • $80,000

      Land in the Ozark Mountains

      19.74 acres of wooded land for building or hunting.
      168 Reflections Drive, Marshall, AR 72650
      View Details
    • $534,900

      100 Acres in Ozark Mountains

      100-acre farm in the Ozark Mountains with pastureland.
      Barren Hollow, Marshall, AR 72650
      View Details
    • $30,000

      Residential Lot in Searcy County

      4 acre wooded residential lot with highway frontage.
      15776 Hwy 74 E Tract 1, Marshall, AR 72650
      View Details
    • $1.00
      4,948 SF

      Historic Commercial Building on Square

      Historic 9,128± SF commercial building with retail space for sale.
      105 W Main Street, Marshall, AR 72650
      View Details
    • $300,000

      Marshall, AR Land with Views

      80+/- acres with views, trails, and infrastructure.
      905 Fallen Tree, Marshall, AR 72650
      View Details
    • $589,900

      Ozark Mountain Hunting and Recreation

      Secluded 222-acre wilderness property near Buffalo National River.
      Lick Fork Road, Marshall, AR 72650
      View Details
    • $385,000

      Secluded Hunting Land with View

      140 acres of timberland perfect for a private retreat.
      1872 Little Red River Road, Marshall, AR 72650
      View Details
    • $300,000
      1,302 SF

      Income-Producing Property Near Buffalo River

      Turnkey short-term rental and general store with expansion potential.
      128 River Road, Marshall, AR 72650
      View Details
    • $500,000
      16,136 SF

      Marshall Church Building on 6.36 Acres

      Spacious church building with ample parking and versatile space.
      224 Mills Lane, Marshall, AR 72650
      View Details
    • $365,250

      Hunting Land Near National Forest

      166 acres of hunting land adjoining Ozark National Forest.
      166 Acres Hwy 377, Marshall, AR 72650
      View Details

    FAQs

    What type of property is this?
    Land - 19.74 acres of wooded land near Marshall, Arkansas.
    Where is this land located?
    The property is located at 168 Reflections Drive Marshall, AR.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: 19.74 surveyed acres in the Ozark Mountains with no restrictions.; Ideal for building a house or cabin on a dead‑end road.; Conveniently located 1 mile from Hwy 74 E and 5 miles from Hwy 65 in Marshall.
    (870) 448-6444
    We can help!
    Listing Contact
    Randy McCallister
    Real Estate License ID: PB00074974
    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

    Thank You for Inquiry
    168 Reflections Drive, Marshall, AR 72650-9999
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!