Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    633 Polk 19 Rd Cove, AR 71937

    Sponsored
    For Sale
    $550,000

    Traditional, Agriculture/Farm/Ranch - Cove, AR

    Type:Farm
    Property size:
    2,711 SF
    Lot size:
    136.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 19 at 11:06 am

    Property Features for 633 Polk 19 Rd

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Residential
    Property subtype
    Farm
    TransactionType
    Real Estate Owned
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Great Room
    Bedrooms
    4
    Bathrooms
    3
    Fireplace
    1
    Size
    2,711 SF
    Lot size
    136.00 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1996
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Ashley Watters

    eXp Realty LLC (888) 854-7493

    Listing agent Ashley Watters (866) 720-5056

    Listing date Feb 18, 2026

    MLS# 26006343 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

    Overview

    136-Acre Farm with Home

    This 136-acre property includes approximately 88 acres of pasture and 45 acres of wooded land, complemented by multiple ponds. The site features a 2,711 square foot home containing 4 bedrooms and 3 bathrooms, including a vaulted-ceiling great room with a wood-burning fireplace. Additional improvements consist of a 2-bedroom, 1-bath tenant house, several barns, sheds, and eight older breeder houses. The property is located in Cove, Arkansas.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Cove
    County
    Polk
    State
    Arkansas
    Longitude
    -94.441921
    Latitude
    34.385095

    Nearby Similar for Sale

    • $150,000
      3,200 SF

      Highway Frontage Commercial Building in Cove

      Versatile commercial building with laundry and office space.
      5569 Highway 71 South, Cove, AR 71937
      View Details
    • $800,000
      64,500 SF

      Well-Maintained Poultry Farm with Composter

      Poultry farm with broiler houses, litter shed, and composter.
      Tbd Wayback Ln, Cove, AR 71937
      View Details
    • $279,000
      7,000 SF

      Cove, AR Commercial Building

      7,000+ sq ft commercial building with car wash.
      5588 S Hwy 71 Hwy, Cove, AR 71937
      View Details
    • $110,000
      11.00 Acres

      Rural Fenced Acreage for Hobby Farm

      11 acres of fenced rural property, perfect for hobby farming.
      Tbd Polk Rd 19, Cove, AR 71937
      View Details
    • Contact for pricing
      9,014 SF

      Dollar General NNN Investment Opportunity

      Dollar General in Cove, AR with 4+ years remaining.
      5581 Highway 71 S, Cove, AR 71937
      View Details

    FAQs

    What type of property is this?
    Farm - Farm property with home, pasture, woods, ponds, and outbuildings.
    Where is this farm located?
    The property is located at 633 Polk 19 Rd Cove, AR.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - 136-acre property featuring 88 acres of pasture and 45 acres of wooded land with ponds.; - 2,711 square foot home with 4 bedrooms and 3 bathrooms.; - **Vaulted-ceiling great room with a wood-burning fireplace.**
    (501) 951-9200
    Request Owner's contact information
    633 Polk 19 Rd Cove, AR 71937
    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.
    633 Polk 19 Rd
    Cove, AR 71937
    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
    633 Polk 19 Rd Cove, AR 71937
    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
    Ashley Watters
    (501) 951-9200 (866) 720-5056
    Learn more
    Google sign-in failed. Please try again or use another login method.