Add Listing
    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

    8 ACRES 761 ROAD Brookland, AR 72417

    View on Map
    For Sale
    $189,000

    Acreage - Brookland, AR

    Lot size:
    8.00 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    27
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for 8 ACRES 761 ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    COUNTY
    Standard status
    Active
    Lot size
    8.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    276

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brooksie Felty-Hartness

    Listing agent Brooksie Felty-Hartness

    Listing office IMAGE Realty 3501 Stonegate Dr, PARAGOULD, AR

    Listing date Mar 5, 2026

    MLS# 26008544 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.

    Overview

    Brookland Acreage on Highway 49

    This property features over 8 acres of land available for sale, presenting multiple development opportunities. Situated on the Craighead and Greene County line, the land borders 761 Road in the back and has frontage on the high-traffic area of Highway 49, heading south to Brookland. The property can be divided into three tracts: two 10-acre tracts and one 8-plus acre tract. A perc test has been completed on the 8-acre tract; the other two tracts would require non-traditional septic systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Brookland
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.5513
    Latitude
    35.9212

    Nearby Similar for Sale

    • $379,000

      Brookland Land on Hwy 49

      6.45 acres of vacant land on Hwy 49.
      00 Hwy. 49, Brookland, AR 72417-0000
      View Details
    • $75,000

      Brookland Acreage Investment Opportunity

      1.73 acre tract in growing Brookland area.
      9408 HWY 49B, Brookland, AR 72417
      View Details
    • $379,000

      Brookland Acreage with Highway Frontage

      10 acres with highway frontage near Brookland, Arkansas.
      10 ACRES HWY 49N, Brookland, AR 72417
      View Details
    • $5,790,000
      29,000 SF

      Luxury Duplex Apartment Complex

      Newer apartment complex near Jonesboro and Paragould, Arkansas.
      404 W Matthews, Brookland, AR 72417
      View Details
    • $871,200

      Brookland Commercial Lot For Sale

      Prime commercial lot in high-growth Brookland, Arkansas.
      8140 U. S. 49 Highway, Brookland, AR 72417
      View Details
    • $479,900

      Highway 49 Commercial Parcel

      High-visibility commercial lot on Highway 49 in Brookland, Arkansas.
      Hwy 49, Brookland, AR 72417
      View Details
    • $679,536

      Brookland Commercial Lots on U.S. 49

      Commercial lots in a rapidly developing area with city utilities.
      8261 U. S. 49, Brookland, AR 72417
      View Details
    • $60,000

      Brookland Acreage Ready For Construction

      1.43 acre residential lot in Brookland, AR ready to build.
      145 County ROAD 762, Brookland, AR 72417
      View Details
    • $159,000

      Brookland Acreage with Horse Barn

      6.5 acres with horse barn and fenced pasture land.
      865 CR 960, Brookland, AR 72417
      View Details
    • $634,250

      Brookland Acreage: Development Opportunity

      25.37 acres with highway frontage, ideal for development.
      10506 N Hwy 49, Brookland, AR 72417
      View Details
    • $199,000

      Brookland Acreage on County Line

      10 acres available on the Craighead and Greene County line.
      10 ACRES 761 ROAD, Brookland, AR 72417
      View Details
    • $275,000

      Commercial Lot in Brookland, AR

      Centrally located commercial lot near key businesses and schools.
      195 N Oak Streets, Brookland, AR 72417
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 8+ acres with development opportunities on Highway 49.
    Where is this agricultural land / farmland located?
    The property is located at 8 ACRES 761 ROAD Brookland, AR.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: 8+ acres suitable for development; High traffic location on HWY 49; Divisible into multiple tracts (2‑10 acre tracts and 1‑8+ acre tract)
    (870) 215-1511
    We can help!
    Listing Contact
    Brooksie Felty-Hartness
    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!