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    8163 Horseshoe Cir Hughes, AR 72348

    Sponsored
    For Sale
    $140,000

    Vacant Land - Hughes, AR

    Lot size:
    1.04 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 27 at 7:06 pm

    Property Features for 8163 Horseshoe Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    201060625000
    Parking features
    Garage
    Lot size
    1.04 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Louis Holbrook

    National Land Realty, Little Rock, AR (855) 384-5263

    Listing agent Louis Holbrook (855) 384-5263

    Listing date Jan 24, 2026

    MLS# 11633246 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

    Waterfront Lot on Porter Lake

    This 1.04± acre waterfront lot on Porter Lake presents a unique opportunity to own property on a quiet, private fishing lake characterized by its privacy and limited traffic. The property includes a fishing club membership, with additional memberships available at the buyer’s request. Situated on a less-traveled road, the lot is one of the few waterfront tracts on this side of the lake, enhancing its long-term appeal. Porter Lake's boat speed limit of 15 mph makes it suitable for fishing, small boats, and families seeking a peaceful retreat. Adjacent to Porter Lake, Horseshoe Lake offers restaurants, social gatherings, water skiing, and tubing, providing convenient access to a more active lake scene. This tract is an excellent homesite for a family getaway or full-time residence, prioritizing quiet, outdoor use, and privacy. Recent construction of new homes on the lake indicates continued demand and reinforces Porter Lake’s appeal as a low-density, family-oriented getaway. Given the scarcity of vacant Horseshoe Lake waterfront lots, this property offers a unique opportunity to enjoy both lifestyles from a single location. Horseshoe Lake, with its dining and recreational options, is a short drive away for those seeking more activity. However, Porter Lake is primarily chosen for its everyday offerings: privacy, fishing, and a slower pace.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Hughes
    County
    St. Francis
    State
    Arkansas
    Longitude
    -90.344207
    Latitude
    34.881633

    Nearby Similar for Sale

    • New
      $2,100,000
      2,976 SF

      Horseshoe Lake Waterfront Restaurant & Marina

      Turnkey restaurant and marina on 3.39 acres of waterfront property.
      59 Bass Rd, Hughes, AR 72348
      View Details

    FAQs

    What type of property is this?
    Recreation land - 1.04± acre waterfront lot on a quiet, private fishing lake.
    Where is this recreation land located?
    The property is located at 8163 Horseshoe Cir Hughes, AR.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Waterfront lot on quiet, private Porter Lake with limited traffic.; - Fishing club membership included, with option for additional memberships.; - Located on a less-traveled road, offering privacy and long-term appeal.
    (901) 355-2988
    Request Owner's contact information
    8163 Horseshoe Cir Hughes, AR 72348
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    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
    8163 Horseshoe Cir Hughes, AR 72348
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    We can help!
    Listing Contact
    Louis Holbrook
    (901) 355-2988
    Learn more
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