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    548 Cornerstone Road Pleasant Plains, AR 72568

    View on Map
    For Sale
    $1,650,000

    Ranch, Agriculture/Farm/Ranch - Pleasant Plains, AR

    Type:Farm
    Property size:
    2,900 SF
    Lot size:
    158.00 Acres
    Added:
    Oct 26, 2025
    Days on Market:
    157
    Last Refresh:
    Mar 31 at 8:06 pm

    Property Features for 548 Cornerstone Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Den, Family Room, Great Room, Laundry, Office, Workshop
    Parking features
    Carport
    Security features
    Smoke Detector(s)
    Vegetation
    Crop(s)
    Patio and Porch features
    Patio, Porch
    Interior features
    Low-e Windows, Tankless Water Heater, Programmable Thermostat, Spray Foam Insulation, Dry Bar, Washer Connection, Dryer Connection-electric, Water Heater-gas, Smoke Detector(s), Walk-in Closet(s), Handicapped Design, Built-ins, Ceiling Fan(s), Walk-in Shower, Video Surveillance, Kit Counter- Granite Slab
    Exterior features
    Patio, Porch, Fully Fenced, Guttering, Hot Tub/Spa, Shop, Video Surveillance, Covered Patio, Cross-fenced, Barns/Buildings, Livestock Allowed, Row Crops, Stock Pond, Cattle
    Fencing
    Cross Fenced, Fenced, Full
    Fireplace
    1
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Oven - Convection, Oven - Double, Range, Range - Gas, Washer
    Standard status
    Active
    Size
    2,900 SF
    Lot size
    158.00 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    384

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Fireplace(s), Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, Electric, Heat Pump

    Building Details

    Year built
    2025
    Floors in Building
    1
    Flooring type
    Laminate, Tile
    Building materials
    Brick, Frame, Vinyl Siding
    Roof type
    Composition
    Architectural style
    Ranch
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Wade Roetzel

    Listing agent Wade Roetzel

    Listing office On Point Realty Group LLC 606 Country Club Rd., Searcy, AR

    Listing date Oct 26, 2025

    MLS# 25042927 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

    158-Acre Farm with Custom Home

    This 158-acre farm offers a custom-built 2,900 sq ft home designed for comfort and modern living. The home features an open-concept living room, kitchen, and dining area, along with a versatile bonus room and a safe room. It includes 3 bedrooms and 2 1/2 bathrooms with high-end finishes. The property includes a commodity barn and shop suitable for feed, equipment storage, and mechanical work. Underground springs flow throughout the property, maintaining lush ground conditions. There are possibilities for irrigation. The farm features 5 ponds and 138 acres of rolling pastures suitable for cattle, horses, and crops, with a proven crop history. Additionally, there are 20 acres of ideal hunting property. The property is equipped with fence line bunks, automatic water tanks, and rational grazing/cattle pens. Located in Pleasant Plains, AR, this farm offers opportunities as a working farm or private getaway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Pleasant Plains
    County
    Independence
    State
    Arkansas
    Longitude
    -91.58301
    Latitude
    35.57034

    FAQs

    What type of property is this?
    Farm - Farm featuring a custom home, pastures, ponds, and hunting land.
    Where is this farm located?
    The property is located at 548 Cornerstone Road Pleasant Plains, AR.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 158‑acre farm featuring **138 acres of rolling pastures** ideal for livestock and crops, plus 20 acres for hunting.; **New, custom‑built 2,900 sq ft home** with an open‑concept living area, 3 bedrooms, and 2.5 bathrooms boasting high‑end finishes.; Commodity barn and shop offer ample space for storage and work.
    (501) 940-5078
    We can help!
    Listing Contact
    Wade Roetzel
    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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