Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    766 Rainbow Valley Trail Mammoth Spring, AR 72554

    View on Map
    Claim this Listing
    For Sale
    $235,000

    Acreage - Mammoth Spring, AR

    Lot size:
    48.57 Acres
    Added:
    Oct 30, 2025
    Days on Market:
    191
    Last Refresh:
    May 8 at 12:06 am

    Property Features for 766 Rainbow Valley Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Cross-Fenced
    Fencing
    Cross Fenced, Fenced
    Standard status
    Active
    APN
    001-01039-003 & 001-01046-001
    Lot size
    48.57 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    56.21

    Utilities

    Water front features
    Creek

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Norman Cozort
    Norman Cozort

    Listing agent Norman Cozort

    Listing office United Country - Cozort Realty, Inc. P. O. Box 92, Thayer, AR

    Listing date Oct 30, 2025

    MLS# 25043591 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

    • 48.57 Acres with pasture, hay meadow, and hunting woods.
    • 1500 feet of Field Creek frontage on both sides.
    • 20‑acre meadow currently used for hay production with woven wire fencing.
    • 28 acres of woods ideal for hunting.
    • Drilled well and electric on the property.
    • Private setting on a non‑maintained road close to a main county road.

    Overview

    48.57 Acres with Creek Frontage

    This 48.57-acre property features pasture, hay, and hunting woods. A 20-acre meadow, currently used for hay production, is enclosed by woven wire fencing. Field Creek runs through the property for 1500 feet, with frontage on both sides, before entering Spring River approximately 0.75 miles away. The property also includes around 28 acres of woods suitable for hunting. A drilled well and electric service are available on the acreage. The property is situated in a private setting on an old, non-maintained county road, with accessibility to a main county road less than 0.25 miles away. It is located in Mammoth Spring, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Hotel & Motel Department Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mammoth Spring
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.514655
    Latitude
    36.463159

    Nearby Similar for Sale

    • $75,000
      3,029 SF

      Main Street Commercial Building

      3,029 SF building in the main business district.
      260 Main Street, Mammoth Spring, AR 72554
      View Details
    • $9,900

      Main Street Lots in Mammoth Spring

      Nine lots with highway frontage suitable for residential or commercial development.
      000 Main Street, Mammoth Spring, AR 72554
      View Details
    • $9,900

      Main Street Lots in Arkansas

      Nine lots on Main Street, ready for development.
      Main Street, Mammoth Spring, AR 72554
      View Details
    • $499,900

      Riverfront Acreage in Mammoth Spring

      2.9 acre riverfront property ideal for building or recreation.
      620 RIVERVIEW DRIVE, Mammoth Spring, AR 72554
      View Details
    • $119,900

      Medical Clinic with Lease

      Commercial building in Mammoth Spring, AR, currently leased as clinic.
      227 MAIN STREET, Mammoth Spring, AR 72554
      View Details
    • $599,000
      5,000 SF

      Commercial Building on 4 Acres

      5,000 sq ft commercial building on 4.03 acres.
      746 Highway 63 South, Mammoth Spring, AR 72554
      View Details
    • $634,400

      Ozark Wilderness Hunting and Recreation

      244 acres of Ozark wilderness, excellent hunting and recreation.
      Pleasant Run Rd, Mammoth Spring, AR 72554
      View Details
    • $119,900
      4,108 SF

      Medical Clinic with Lease

      Commercial building with a three-year lease in place.
      227 Main Street, Mammoth Spring, AR 72554
      View Details
    • $599,000

      Commercial Property on 4.03 Acres

      5,000 sq ft commercial building on 4.03 acres.
      746 Highway 63 S, Mammoth Spring, AR 72554
      View Details
    • $209,900
      4,000 SF

      Historic Mixed-Use Building, Mammoth Spring

      Historic 2-story building with commercial, residential, and rental opportunities.
      385 Main Street, Mammoth Spring, AR 72554
      View Details
    • $90,000

      Unrestricted Land Near Mammoth Spring

      30+/- acres of unrestricted land perfect for building or recreation.
      Union Hill Road, Mammoth Spring, AR 72554
      View Details
    • $89,900

      Riverfront Homesite in Mammoth Spring

      Build-ready land with Spring River frontage near local amenities.
      Riverview Drive, Mammoth Spring, AR 72554
      View Details

    FAQs

    What type of property is this?
    Farm - Pasture, hay, and hunting woods with creek frontage.
    Where is this farm located?
    The property is located at 766 Rainbow Valley Trail Mammoth Spring, AR.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 48.57 Acres with pasture, hay meadow, and hunting woods.; 1500 feet of Field Creek frontage on both sides.; **20‑acre meadow currently used for hay production** with woven wire fencing.
    (417) 280-1074
    We can help!
    Listing Contact
    Norman Cozort
    Norman Cozort
    Real Estate License ID: 1999019261
    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
    766 Rainbow Valley Trail, Mammoth Spring, AR 72554
    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!