Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wooded Lot Near Bull Shoals Title is generated by Realmo AI

    Lot 34 ELLY LANE, Flippin, AR 72634

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Acreage - Flippin, AR

    Lot size:
    1.40 Acres
    Added:
    Jan 15, 2025
    Days on Market:
    491
    Last Refresh:
    May 21 at 6:06 am

    Property Features for Lot 34 ELLY LANE

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Curbs/ Sidewalk
    Standard status
    Active
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    124.58

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    ORVILLE MEARS

    Listing agent ORVILLE MEARS

    Listing office DAVENPORT REALTY 301 Hwy 62 W., Yellville, AR

    Listing date Jan 15, 2025

    MLS# 130523 Listing URL

    Copyright © 2026 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Minutes to Bull Shoals Lake boat launch and White River access
    • Wooded 1.4 AC M/L lot perfect for a walk‑out basement
    • Located on a paved road near the end of a cul‑de‑sac
    • Underground utilities available
    • Downhill slope
    • Curbs/Sidewalk

    Overview

    This 1.4 acre (M/L) wooded lot features a downhill slope suitable for a walk-out basement. Located on a paved road near the end of a cul-de-sac, the property offers underground utilities. It is situated minutes from Bull Shoals Lake boat launch and White River access. The property is located in Flippin, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flippin
    County
    Marion
    State
    Arkansas
    Longitude
    -92.5226
    Latitude
    36.1873

    Nearby Similar for Sale

    • $495,000

      Turnkey General Store with Beer Garden

      General store, deli, beer garden, living space, and more!
      4164 HWY 178 NORTH, Flippin, AR 72634
      View Details
    • $349,900

      Flippin, AR Commercial Building

      Versatile commercial building with showroom and warehouse space for sale.
      1300 & 1306 E MAIN STREET, Flippin, AR 72634
      View Details
    • $1,500,000
      6,488 SF

      Ridgeway Tractor Parts Business

      Turn-key tractor parts business with real estate for sale.
      4217 HWY 62, Flippin, AR 72634
      View Details
    • $579,000

      North Central Arkansas Speedway Opportunity

      Established speedway on 27 acres, ready for new ventures.
      192 SUMMERWOOD LANE, Flippin, AR 72634
      View Details
    • $579,000

      North Central Arkansas Speedway Opportunity

      Established speedway on 27.15 acres ready for new ventures.
      192 SUMMERWOOD LANE, Flippin, AR 72634
      View Details
    • $360,000

      Flippin Investment Property

      Well-maintained 4-plex and duplex in Flippin, Arkansas.
      105 6TH STREET, Flippin, AR 72634
      View Details
    • $199,900

      Flippin, AR Commercial Opportunity

      Commercial property suitable for small business, storage, or repair shops.
      110 PARK STREET, Flippin, AR 72634
      View Details
    • $495,000

      Turnkey Pet Grooming and Boarding

      Established pet grooming and boarding facility in high-traffic location.
      702 E MAIN STREET, Flippin, AR 72634
      View Details
    • $35,000

      Land in Cane Island

      Land with private boat ramp in Cane Island community.
      Lot 107 CANE ISLAND ROAD, Flippin, AR 72634
      View Details
    • $69,900

      Flippin, AR Acreage Ready to Build

      3.22 acres near Flippin School District with essential utilities.
      5638 E HWY 202, Flippin, AR 72687
      View Details
    • $95,000

      Residential Lot Overlooking White River

      0.88-acre lot with river views in Flippin, Arkansas.
      Lot 32 Dry Fly Court, Flippin, AR 72634
      View Details
    • $95,000

      Flippin, AR Homesite with Views

      0.88 acre homesite with White River views in Flippin.
      Lot 32 DRY FLY COURT, Flippin, AR 72634
      View Details

    FAQs

    What type of property is this?
    Land - 1.4 AC wooded lot near Bull Shoals Lake and White River.
    Where is this land located?
    The property is located at Lot 34 ELLY LANE Flippin, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Minutes to Bull Shoals Lake boat launch and White River access; Wooded 1.4 AC M/L lot perfect for a walk‑out basement; Located on a paved road near the end of a cul‑de‑sac
    (870) 404-2059
    We can help!
    Listing Contact
    ORVILLE MEARS
    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
    Lot 34 ELLY LANE, Flippin, AR 72634
    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!