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    25065 E Hwy 28 Harvey, AR 72841

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    Claim this Listing
    For Sale
    $1,300,000

    Barndominium, Agriculture/Farm/Ranch - Harvey, AR

    Type:Farm
    Property size:
    768 SF
    Lot size:
    300.53 Acres
    Price / SF:
    $1,692/SF
    Added:
    Mar 4, 2025
    Days on Market:
    422
    Last Refresh:
    Apr 30 at 4:06 am

    Property Features for 25065 E Hwy 28

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    n/a
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1
    Parking features
    Garage
    Interior features
    Washer Connection, Washer-stays, Dryer Connection-electric, Dryer-stays, Water Heater-electric
    Exterior features
    Cross-fenced, Barns/Buildings, Livestock Allowed, Hog, Cattle, Horses, Stables
    Fencing
    Cross Fenced, Fenced
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    multiple
    Size
    768 SF
    Lot size
    300.53 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1749.47

    Utilities

    Utilities
    Electricity Available, Water Available
    Water front features
    Creek, Year Round Creek, River, Waterfront
    Water front
    1

    Building Details

    Year built
    2009
    Floors in Building
    1
    Flooring type
    Laminate, Tile
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Beth George

    Listing agent Beth George

    Listing office Waldron Realty 777 Hwy 718, Waldron, AR

    Listing date Mar 4, 2025

    MLS# 25008323 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

    Harvey, AR Ranch with River

    This working cattle ranch, located approximately 27 miles southeast of Waldron, Arkansas, can support 70 to 100 head of cattle on its improved grasslands. The property is cross-fenced with barbed wire and over 8,000 feet of steel pipe fencing, including a corral and working pens. A custom entrance security gate provides access to the property, which features a 4-acre yard with a house pad in place. A 90x100 metal shop includes an 800 square foot, 1-bedroom, 1-bathroom attached apartment with interior RV hookups. A custom metal 40x50 barn with stalls and loft offers hay storage of up to 800 square bales in the loft area and concrete floors. Brush Creek winds through the property, offering a swimming and picnic area. Approximately 120 acres of the property consist of a blend of mature woodland with hardwood and pine timber. The property includes 1 mile of river frontage and borders National Forest Land with access to Muddy Creek Wildlife Management Area. The river frontage offers approximately 1/4 mile of rapids and natural sandbar crossings. The property size is 768 square feet and the lot size is 300.53 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Harvey
    County
    Scott
    State
    Arkansas
    Longitude
    -93.782558
    Latitude
    34.833297

    FAQs

    What type of property is this?
    Ranch - Working cattle ranch with river frontage and custom barndominium.
    Where is this ranch located?
    The property is located at 25065 E Hwy 28 Harvey, AR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Enjoy 1 mile of river frontage with rapids and sandbar crossings, plus Brush Creek access for swimming and recreation.; Access to Muddy Creek Wildlife Management Area via National Forest Land boundary.; Working cattle ranch capable of supporting 70‑100 head, with improved grasslands, cross‑fencing, and durable steel pipe fencing.
    (479) 495-0286
    We can help!
    Listing Contact
    Beth George
    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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