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

    705 Cr-2291 lot 0 Hartman, AR 72840

    View on Map
    Pending
    $170,000

    LAND - Hartman, AR

    Lot size:
    34.00 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 9 at 6:06 am

    Property Features for 705 Cr-2291 lot 0

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Pending
    APN
    001-08567-000
    Lot size
    34.00 Acres

    Taxes and HOA fees

    Tax Description
    PT SE SW
    Tax Annual Amount
    50

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Ralph Harvey

    Listing agent Ralph Harvey License #3337811

    Listing office listwithfreedom.com 5724 SwW 77th Ave Rd, Boynton Beach, AR

    Listing date Feb 20, 2026

    MLS# 1336779

    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

    Hartman, AR Land For Sale

    This 34-acre property in Hartman, AR, features old growth timber, consisting mainly of oak, hickory, walnut, and sweet gum. The land includes several potential building sites, one of which overlooks a 15-foot deep pond stocked with mature large mouth bass. White tail deer are abundant on this and surrounding properties. The property is situated high and dry above the nearby Arkansas River. Electricity with an active meter is available on the property. Natural gas and water are accessible at the East and North access points to the property. The survey will be updated at closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Hartman
    County
    Johnson
    State
    Arkansas
    Longitude
    -93.552176
    Latitude
    35.42011

    Nearby Similar for Sale

    • $79,900

      Hartman Acreage with Multiple Buildings

      Acreage in Hartman, AR with multiple buildings and owner financing.
      301 MAIN Street, Hartman, AR 72840
      View Details
    • $210,000

      31.5 Acres in Hartman, AR

      31.5 acres suitable for residential, agricultural, or recreational use.
      County Road 3151, Hartman, AR 72840
      View Details
    • $335,000

      Unrestricted Land Near I-40

      60 unrestricted acres with high visibility and traffic counts.
      6476-6698 AR 352 lot: 00, Hartman, AR 72830
      View Details
    • $210,000

      31.5 Acres Pasture Land

      31.5 acres suitable for residential, agricultural, or recreational use.
      County Road 3151, Hartman, AR 72840
      View Details
    • $72,500

      Hartman Land on I-40 Corner

      5.71 acres on I-40 frontage, prime commercial location.
      6476-6698 AR-352 lot: 00, Hartman, AR 72830
      View Details
    • $29,999

      Unrestricted Land I-40 Frontage

      4 acres of unrestricted land with I-40 frontage.
      6476-6698 AR-352 lot: 00, Hartman, AR 72830
      View Details
    • $54,500

      Wooded Land Near River

      11.32 acre wooded property near the river.
      11.32 acre County Road 2228 (A), Hartman, AR 72840
      View Details

    FAQs

    What type of property is this?
    Recreation land - 34 acres with old growth timber and stocked pond.
    Where is this recreation land located?
    The property is located at 705 Cr-2291 lot 0 Hartman, AR.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: 34 Acres of old growth timber (oak, hickory, walnut, sweet gum).; Pond stocked with mature large mouth bass.; Electricity with active meter on property.
    (855) 456-4945
    We can help!
    Listing Contact
    Ralph Harvey
    Real Estate License ID: 3337811
    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!