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    Melbourne Estate: Rural Living Title is generated by Realmo AI

    2175 Ash Trail, Melbourne, AR 72556

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    For Sale
    $499,000

    Traditional,Craftsman, Agriculture/Farm/Ranch - Melbourne, AR

    Type:Farm
    Property size:
    1,850 SF
    Lot size:
    58.00 Acres
    Price / SF:
    $269/SF
    Added:
    Mar 25, 2026
    Days on Market:
    53
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 2175 Ash Trail

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bonus Room, Living Room
    Parking
    4
    Parking features
    Carport
    Patio and Porch features
    Porch
    Interior features
    Washer-stays, Water Heater-gas
    Exterior features
    Porch, Fully Fenced, Partially Fenced, Outside Storage Area, Guttering, Dog Run, Chain Link, Cross-fenced, Livestock Allowed, Stock Pond, Poultry, Hog, Cattle, Horses
    Fencing
    Chain Link, Cross Fenced, Fenced, Full, Partial
    Appliances
    Dishwasher, Range, Range - Gas, Refrigerator, Washer, Water - Filter
    Standard status
    Active
    Size
    1,850 SF
    Lot size
    58.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    650

    Utilities

    Utilities
    Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric, Heat Pump

    Building Details

    Year built
    2024
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Craftsman
    Additional Structures
    Kennel/Dog Run, Storage

    We can help!

    Listing Contact
    Matthew Heft

    Listing agent Matthew Heft

    Listing office Mossy Oak Properties Land & Home 819 Lakewood Rd., Camden, AR

    Listing date Mar 25, 2026

    MLS# 26012006 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

    • 58‑acre estate ideal for residential, recreational, or agricultural pursuits.
    • Newly built (2024) Craftsman‑style home.
    • Diverse landscape featuring natural brush, cleared areas, and pastures.
    • Located in Melbourne, Arkansas, within the desirable Melbourne school district.
    • Exterior features include full and partial fencing, livestock allowance (cattle, horses, hogs, poultry), and a stock pond.
    • Modern amenities include central heating/cooling, gas water heater, and appliances.

    Overview

    Located in Melbourne, Arkansas, within the Izard County and the Melbourne school district, this 58-acre estate offers a blend of residential, recreational, and agricultural opportunities. The property includes a newly built Craftsman-style home with 1850 square feet of living space. The diverse landscape features areas of natural brush, expansive cleared sections, and lush grassed pastures. This varied terrain provides an excellent foundation for a multitude of uses, from agricultural endeavors to recreational activities, allowing for personalized development. The property is suited for raising livestock and hunting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Melbourne
    County
    Izard
    State
    Arkansas
    Longitude
    -91.817103
    Latitude
    35.987139

    Nearby Similar for Sale

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    • $299,900
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      Income Producing Rental Property

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    FAQs

    What type of property is this?
    Farm - 58-acre estate with Craftsman-style home in Melbourne, Arkansas.
    Where is this farm located?
    The property is located at 2175 Ash Trail Melbourne, AR.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 58‑acre estate ideal for residential, recreational, or agricultural pursuits.; Newly built (2024) Craftsman‑style home.; Diverse landscape featuring natural brush, cleared areas, and pastures.
    (870) 688-8614
    We can help!
    Listing Contact
    Matthew Heft
    Learn More
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    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
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