Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4 Highway 84 Bismarck, AR 71929

    Sponsored
    For Sale
    $117,000

    Acreage - Bismarck, AR

    Lot size:
    20.20 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 3 at 11:06 am

    Property Features for 4 Highway 84

    General Information

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

    Utilities

    Water front features
    Year Round Creek

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Merri Thompson

    Southern Homes Realty (870) 543-0824

    Listing agent Merri Thompson (870) 543-0824

    Listing date Feb 26, 2026

    MLS# 26007440 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.

    Learn more

    Property Insight Report

    Overview

    Bismarck Acreage Near Lake DeGray

    This property features over 20 acres of land located directly across from Bismarck Schools and approximately half a mile from Lake DeGray. Situated outside city limits with no restrictions, the land includes hardwoods and rolling hills. Kimzey water and fiber are available at the edge of the property. The location is also within minutes of Hot Springs. The property is suitable for building a home or other projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Hot Spring
    State
    Arkansas
    Longitude
    -93.179832910156
    Latitude
    34.309075634883

    Nearby Similar for Sale

    • $375,000
      5,028 SF

      Bismarck Retail Building and Land

      Retail building with leasing opportunities in a prime location.
      6454 Highway 7, Bismarck, AR 71929
      View Details
    • $489,000
      5,620 SF

      Restaurant and Entertainment Venue Opportunity

      Versatile property with restaurant, retail, apartment, and go-kart track.
      6454 Highway 7, Bismarck, AR 71929
      View Details
    • New
      $925,000
      4,200 SF

      Lake DeGray Cabins: Turn-Key Business

      Six fully equipped cabins near Lake DeGray, Arkansas.
      1136 Arlie Moore Rd, Bismarck, AR 71929
      View Details
    • $450,000
      1,330 SF

      Private Ranch Retreat on 11+ Acres

      Ranch retreat on 11.34 acres with ponds and outbuildings.
      15298 Highway 84, Bismarck, AR 72929
      View Details
    • Contact for pricing
      8,125 SF

      Dollar General Store Investment Opportunity

      Dollar General store with low rent and corporate guarantee.
      103 Millennium Park Dr, Bismarck, AR 71929
      View Details
    • $450,000
      12,520 SF

      Bismarck Commercial Building - High ROI

      Fully occupied, 12,520 sq ft, 10% Cap Rate
      12281 Hwy 84 Hwy, Bismarck, AR 71929
      View Details
    • $230,000

      Ranch Home Near Bismarck School

      Ranch-style home with wrap-around porch, workshops, and RV/Boat storage.
      188 Stand Ln, Bismarck, AR 71929
      View Details
    • $785,000
      86.77 Acres

      18192 Highway 84, Bismarck, AR 71929

      Commercial real estate • 86.77 Acres
      18192 Highway 84, Bismarck, AR 71929
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 20+ acres near Bismarck Schools and Lake DeGray.
    Where is this residential land & home lot located?
    The property is located at 4 Highway 84 Bismarck, AR.
    What is the asking price?
    The asking price for this property is $117,000.
    What are key features of this property?
    This property features: - Over 20 acres directly across from Bismarck Schools and near Lake DeGray.; - Outside city limits with no restrictions.; - Kimzey water and fiber already at the edge of the property.
    (870) 543-0824
    Request Owner's contact information
    4 Highway 84 Bismarck, AR 71929
    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.
    4 Highway 84
    Bismarck, AR 71929
    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
    4 Highway 84 Bismarck, AR 71929
    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

    We can help!
    Listing Contact
    Merri Thompson
    (870) 543-0824 (870) 942-5560
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!