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

    8063 Highway 23 S Ozark, AR 72949

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    Vacant Land - Ozark, AR

    Lot size:
    26.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 20 at 7:06 pm

    Property Features for 8063 Highway 23 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    26.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marc Dietz

    Riverbend Properties, LLC

    Listing agent Marc Dietz

    Listing date Mar 19, 2026

    MLS# 11676502 Listing URL

    Copyright © 2026 My State MLS. 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

    Property Insight Report

    Overview

    26 Acres Vacant Land

    This property features approximately 26 acres with three ponds and fenced pastures. It has road frontage on S AR 23, Highway 288, and Penny Lane. The land is suitable for cattle grazing, hay production, or a country retreat. Public water and electricity are available. The property is located in Etna, AR. It is ideal for investors, ranchers, or those seeking a nice sized tract of land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Hotel & Motel Department Store Garden Center Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Ozark
    County
    Franklin
    State
    Arkansas
    Longitude
    -93.853876
    Latitude
    35.363094

    Nearby Similar for Sale

    • New
      $145,000
      3,760 SF

      Turn-Key Retail Opportunity in Ozark

      Two connected retail buildings in a high-traffic area.
      109 N 3Rd St, Ozark, AR 72949
      View Details
    • New
      $145,000
      3,760 SF

      Turn-Key Retail Opportunity in Ozark

      Two connected retail buildings in high-traffic area with excellent visibility.
      109 3Rd St, Ozark, AR 72949
      View Details
    • $180,000
      5,196 SF

      Historic Commercial Building in Ozark

      Versatile 5,196 sq ft commercial building in historic downtown Ozark.
      220 Commercial St, Ozark, AR 72949
      View Details
    • $160,000
      12,000 SF

      Ozark Commercial Building For Sale

      12,000 sq ft commercial building in the heart of Ozark.
      112 3Rd St, Ozark, AR 72949
      View Details
    • $370,000
      1,980 SF

      Ozark Commercial Brick Building

      Brick building with multiple rooms, suitable for various businesses.
      600 College St, Ozark, AR 72949
      View Details
    • Contact for pricing
      3,010 SF

      Renovated Commercial Property, Ozark, AR

      Turnkey commercial property in downtown Ozark, ready for new owner.
      103 S 3Rd St, Ozark, AR 72949
      View Details
    • $650,000
      2,196 SF

      Ozark Retail Business Opportunity

      Retail store with loyal customer base in Ozark, Arkansas.
      2901 W Commercial St, Ozark, AR 72956
      View Details
    • $279,000
      2,000 SF

      Ozark Commercial Building For Sale

      2,000 SF commercial building on 0.27 acres in Ozark.
      111 2Nd St, Ozark, AR 72949
      View Details
    • $90,000
      2,180 SF

      Ozark Commercial Property for Sale

      Commercial property in high-traffic area, suitable for various businesses.
      1908 W Commercial St, Ozark, AR 72949
      View Details
    • $6,475,000
      17,424,000 SF

      Ozark Mountain Retreat and Event Venue

      250-acre Ozark retreat with lodging, camping, and event space.
      4117 Mulberry Mountain Loop, Ozark, AR 72949
      View Details
    • $395,000
      1,900 SF

      Ozark Farm with Shop and Barn

      20-acre farm with home, shop, barn, and stocked pond.
      927 Highway 64 W, Ozark, AR 72949
      View Details
    • $147,000
      Pending

      Ozark Commercial Building For Sale

      Commercial building near Hwy. 23 and Walmart in Ozark.
      1900 Airport Rd, Ozark, AR 72949
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 26 acres with ponds and fenced pastures in Ozark, AR.
    Where is this agricultural land / farmland located?
    The property is located at 8063 Highway 23 S Ozark, AR.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Approximately 26 acres +/- with fenced pastures and three ponds.; - Road frontage on three roads: S AR 23, Highway 288, and Penny Lane.; - Suitable for cattle grazing, hay production, or a country retreat.
    (479) 667-2159
    Request Owner's contact information
    8063 Highway 23 S Ozark, AR 72949
    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.
    8063 Highway 23 S
    Ozark, AR 72949
    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
    8063 Highway 23 S Ozark, AR 72949
    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
    Marc Dietz
    Real Estate License ID: SA00088296
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!