Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    287 Acres Hunting and Pasture Title is generated by Realmo AI

    58 Rocky Creek Road, Magazine, AR 72943

    View on Map
    Claim this Listing
    For Sale
    $877,300

    LAND - Chismville, AR

    Lot size:
    276.36 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    53
    Last Refresh:
    May 22 at 3:06 am

    Property Features for 58 Rocky Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    200-30504-000, 200-03649-000
    Lot size
    276.36 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Section 2, T-6-N, R-28-W
    Tax Annual Amount
    535

    We can help!

    Listing Contact
    Dawn Hibben
    Dawn Hibben

    Listing agent Dawn Hibben License #150925

    Listing office Exp Realty 400 W Capitol Suite 1743, Little Rock, AR

    Listing date Mar 31, 2026

    MLS# 26012309 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

    • 287 acres of hunting and pasture land.
    • Creek, open meadows, and wooded acreage.
    • Private gated entrance and easy access.
    • Perfect for recreational activities (ATVs, Deer, other Wildlife).
    • Power and water available.
    • Conveniently located near Booneville, Clarksville, and Fort Smith.

    Overview

    This 287-acre parcel in Chismville, Arkansas, features a combination of hunting and pasture land. The property includes a creek, open meadows, and wooded acreage. It offers easy access via a private gated entrance. Surface rights only will transfer with the sale. The land is suitable for recreational activities such as ATVs, deer hunting, and wildlife observation. A current lease is in place on the property. Power and water are available. The tract is located several miles from Booneville, 42 miles from Clarksville, and 43 miles from Fort Smith, making it a convenient retreat area.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Magazine
    County
    Logan
    State
    Arkansas
    Longitude
    -93.7897
    Latitude
    35.1687

    Nearby Similar for Sale

    • $389,900
      3,860 SF

      Commercial Property with Business Potential

      Commercial property with convenience store, salon, and additional acreage.
      5740 N State Highway 109, Magazine, AR 72943
      View Details
    • $55,000
      4,400 SF

      Commercial Building in Magazine, AR

      4400 sq ft commercial building suitable for various businesses.
      59 E Priddy ST, Magazine, AR 72943
      View Details
    • $35,000

      Cleared Lot Ready to Build

      Level one-acre lot, cleared, driveway, concrete slab.
      717 N State Highway 109 lot: 0, Magazine, AR 72943
      View Details
    • $126,360

      40 Acres Hunting Property

      Hunting land near Blue Mountain Lake with established trails.
      Hog Thief Valley, Magazine, AR 72943
      View Details
    • $126,360

      Hog Thief Valley Hunting Land

      40+/- acre hunting property near Blue Mountain Lake.
      Hog Thief Valley, Magazine, AR 72943
      View Details
    • $328,500

      Secluded Acreage with Mountain Views

      76.66 acres of pasture and woods near Mount Magazine.
      TBD Six Mile RD, Magazine, AR 72943
      View Details
    • $420,000

      Magazine, AR Land For Sale

      140 acre land with marketable timber and hunting.
      Bethel Rd, Magazine, AR 72927
      View Details
    • $40,000

      Magazine, AR Land Opportunity

      5 acres in Logan County with existing well.
      80 Roberson LN, Magazine, AR 72943
      View Details
    • $772,200

      Magazine Farmland on Six Mile

      238 acres of land suitable for cattle and hay.
      3815 Six Mile Road, Magazine, AR 72943
      View Details
    • $87,400

      Land For Sale

      Land available approximately 6.8 miles south of Paris.
      000 Six Mile Rd, Magazine, AR 72943
      View Details
    • $740,000
      83,000 SF

      108-Acre Arkansas Poultry Farm

      108-acre farm with broiler houses and homestead potential.
      2471 Bethel Road, Magazine, AR 72943
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 287 acres of hunting and pasture land for sale.
    Where is this agricultural land / farmland located?
    The property is located at 58 Rocky Creek Road Magazine, AR.
    What is the asking price?
    The asking price for this property is $877,300.
    What are key features of this property?
    This property features: 287 acres of hunting and pasture land.; Creek, open meadows, and wooded acreage.; Private gated entrance and easy access.
    (580) 743-3174
    We can help!
    Listing Contact
    Dawn Hibben
    Dawn Hibben
    Real Estate License ID: 150925
    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
    58 Rocky Creek Road, Chismville, AR 72943
    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!