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

    6.72 ac W Hwy 374 St Joe, AR 72675

    View on Map
    Claim this Listing
    For Sale
    $49,900

    LAND - St Joe, AR

    Lot size:
    6.72 Acres
    Added:
    May 3, 2024
    Days on Market:
    711
    Last Refresh:
    Apr 13 at 1:06 am

    Property Features for 6.72 ac W Hwy 374

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    760-00070-000
    Lot size
    6.72 Acres

    Taxes and HOA fees

    Tax Description
    Pt NW SE S-T-R 17-16N-17N Searcy County AR
    Tax Annual Amount
    16

    Utilities

    Water source
    Public
    Water front features
    Creek

    We can help!

    Listing Contact
    Vince Markle
    Vince Markle

    Listing agent Vince Markle License #AB00033394

    Listing office Re/Max Unlimited, Inc. 1412 Hwy 62 N, HARRISON, AR

    Listing date May 3, 2024

    MLS# H148963

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Buffalo National River

    This 6.72-acre parcel of land is located in St. Joe, Arkansas. The property is mostly open and features a small seasonal stream alongside it. Its location offers potential for a home or possible development. The site is within minutes of several landings on the Buffalo National River and various venues for hiking, fishing, hunting, camping, and canoeing. It is also located within 1 1/2 hours of the White River, Bull Shoals, Norfork, Table Rock, Greers Ferry Lakes, and Branson, Missouri.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    St Joe
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.809185
    Latitude
    36.030343

    Nearby Similar for Sale

    • $585,000
      1,500 SF

      St Joe Farm with Apartment

      Home with apartment, outbuildings, and RV hookup near Buffalo River.
      2026 DRY CREEK ROAD, St Joe, AR 72675-0000
      View Details
    • $320,000

      Partially Cleared Land with Pond

      45.5 acres with pond, barn, utilities near highway.
      Driftwood Drive lot: 0, St Joe, AR 72675
      View Details
    • $99,900

      Established Pasture Land For Sale

      18 acres of fenced pasture with pond near Buffalo River.
      001-07136-002 N TOMAHAWK CHURCH ROAD, St Joe, AR 72675-0000
      View Details
    • $180,000

      40 Acres Near Buffalo River

      Wooded land bordering National Park with river access.
      Able Drive lot: 0, St Joe, AR 72675
      View Details
    • $350,000

      St Joe Land For Sale

      70 acres near Buffalo National River with year-round creek.
      1516 Mercy Lane, St Joe, AR 72675
      View Details
    • $630,000

      300 Acres Hunting and Recreation Land

      300 acres of prime hunting and recreational land for sale.
      001-05451-000 TOMAHAWK SLAB ROAD, St Joe, AR 72675
      View Details
    • $89,000

      Ozark Land Near Buffalo River

      10 acres near Buffalo National River with utilities available.
      Tomahawk Slab Road lot: 0, St Joe, AR 72675
      View Details
    • $180,000

      Wooded Land Near Buffalo River

      40-acre wooded parcel near Woolum Landing, abundant wildlife.
      Oakland Road lot: 0, St Joe, AR 72675
      View Details
    • $210,000

      Arkansas Recreational Land Near Buffalo

      40 acres near Buffalo National River with hunting potential.
      County Road 231 lot: 0, St Joe, AR 72675
      View Details
    • $130,000

      Unrestricted Land Near Buffalo River

      23 acres near Buffalo National River with utilities.
      6518 TOMAHAWK CHURCH ROAD, St Joe, AR 72675-0000
      View Details
    • $199,000

      17 Acres in Searcy County

      Land with ponds and utilities near Buffalo National River.
      400 Fowler Spg Road, St Joe, AR 72675
      View Details
    • $84,900

      Land Near Buffalo National River

      13 acres of mowable pasture near Buffalo River.
      W HWY 374, St Joe, AR 72675
      View Details

    FAQs

    What type of property is this?
    Land - 6.72 acres near Buffalo River, suitable for development.
    Where is this land located?
    The property is located at 6.72 ac W Hwy 374 St Joe, AR.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Minutes from the Buffalo National River; Suitable for home construction or development; Convenient access to hiking, fishing, hunting, camping, and canoeing
    (870) 741-0066
    We can help!
    Listing Contact
    Vince Markle
    Vince Markle
    Real Estate License ID: AB00033394
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!