Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    3.19 Acre Building Lot Title is generated by Realmo AI

    400 Tree Farm Road, Melbourne, AR 72556

    View on Map
    Claim this Listing
    For Sale
    $31,500

    Acreage - Melbourne, AR

    Lot size:
    3.19 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    87
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 400 Tree Farm Road

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    95.5

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dale Ivy

    Listing agent Dale Ivy

    Listing office United Country Ozark Realty-Calico Rock 854 Hwy 56, Melbourne, AR

    Listing date Feb 18, 2026

    MLS# 26006937 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

    • Enjoy close proximity (½ mile) to the White River and public boat ramp for fishing and recreation.
    • 3.19 acre building lot with a mix of open space and mature timber.
    • Multiple potential building sites suitable for a cabin, vacation retreat, or permanent home.
    • Easy year‑round access with rock road frontage.
    • Electric service available in the area.
    • Potential for off‑grid living, gardening, or a small homestead.

    Overview

    This 3.19-acre building lot is located approximately 0.5 miles from the White River and a public boat ramp, providing access for fishing and other water activities. The property includes both open space and mature timber, offering potential building sites for a cabin, vacation retreat, or permanent residence. Rock road frontage and year-round access are available, and electric service is accessible in the area. The land could also be suitable for off-grid use, with space for a garden or small homestead. Located in Melbourne, Arkansas, this parcel offers potential for weekend getaways or a quiet life close to nature.
    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 Hair Salon Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Izard
    State
    Arkansas
    Longitude
    -91.9058
    Latitude
    36.0615

    Nearby Similar for Sale

    • $74,900
      816 SF

      Prime Commercial Building in Melbourne, AR

      Commercial property in the heart of downtown Melbourne, Arkansas.
      41 S Spring Street, Melbourne, AR 72556
      View Details
    • $499,000
      1,850 SF

      Melbourne Estate: Rural Living

      58-acre estate with Craftsman-style home in Melbourne, Arkansas.
      2175 Ash Trail, Melbourne, AR 72556
      View Details
    • $299,900
      2,712 SF

      Income Producing Rental Property

      Four rental homes on 2.21 acres near Melbourne, Arkansas.
      380 Jumbo Road, Melbourne, AR 72556
      View Details
    • $199,900

      Arkansas Hunting Land with Creek

      120 acres of hunting land near Melbourne, Arkansas.
      1980A Boyce Street, Melbourne, AR 72556
      View Details
    • $129,500

      17.39 Acres of Pastureland

      Prime open pastureland with road frontage in the Ozarks.
      20B Highway 58 East, Melbourne, AR 72556
      View Details
    • $299,900

      Ozark Mountain Land For Sale

      160-acre Ozark Mountain land with recreation and investment potential.
      160A S AR 9 Hwy, Melbourne, AR 72556
      View Details
    • $109,900

      Versatile Acreage in Rural Setting

      12.5 acres near town, ideal for home or farm.
      1250 Cutoff Road, Melbourne, AR 72556
      View Details
    • $109,900

      12.74 Acres in Melbourne, AR

      12.74-acre tract ideal for custom home or hobby farm.
      1274 Cutoff Road, Melbourne, AR 72556
      View Details
    • $78,500

      White River Frontage Subdivision Lot

      0.89-acre lot with pristine White River frontage for sale.
      Lot 9 W Schoolhouse Hollow Road, Melbourne, AR 72556
      View Details
    • $55,000

      Riverfront Acreage Near Melbourne, Arkansas

      1.26 acres on the White River, ideal for recreation.
      TBD W School House Hollow Road, Melbourne, AR 72556
      View Details
    • $845,000

      Ozark Mountain Recreational Land

      358-acre Ozark paradise with springs, caves, and abundant wildlife.
      001 9 Highway, Melbourne, AR 72556
      View Details
    • $149,000

      White River Frontage Residential Lot

      1.27-acre lot with 300 feet of White River frontage.
      300 Mount Olive Manor Drive, Melbourne, AR 72556
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.19 acre building lot near the White River.
    Where is this residential land & home lot located?
    The property is located at 400 Tree Farm Road Melbourne, AR.
    What is the asking price?
    The asking price for this property is $31,500.
    What are key features of this property?
    This property features: Enjoy close proximity (½ mile) to the White River and public boat ramp for fishing and recreation.; 3.19 acre building lot with a mix of open space and mature timber.; Multiple potential building sites suitable for a cabin, vacation retreat, or permanent home.
    (870) 373-3677
    We can help!
    Listing Contact
    Dale Ivy
    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
    400 Tree Farm Road, Melbourne, AR 72556
    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!