Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Lake Ouachita Title is generated by Realmo AI

    9319 Albert Pike Road, Royal, AR 71968

    View on Map
    Claim this Listing
    For Sale
    $480,000

    Acreage - Royal, AR

    Lot size:
    47.61 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    48
    Last Refresh:
    May 11 at 12:06 pm

    Property Features for 9319 Albert Pike Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    47.61 Acres

    Taxes and HOA fees

    Tax Annual Amount
    52

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lindsey Blaylock

    Listing agent Lindsey Blaylock

    Listing office Bailey & Company Real Estate 5600 Kavanaugh, Suite 10, Little Rock, AR

    Listing date Mar 25, 2026

    MLS# 26011688 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

    • Over 47 acres of timber land
    • Located in Garland County
    • Situated between Lake Hamilton and Lake Ouachita
    • Minutes from Crystal Springs boat ramp
    • Suitable for development, recreation, or residential use
    • Coordinates provided for precise location

    Overview

    This property consists of over 47 acres of timber land situated in Garland County. The land is located between Lake Hamilton and Lake Ouachita, offering potential for development, recreational use, or residential construction. The property is located minutes from the Crystal Springs boat ramp.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Royal
    County
    Garland
    State
    Arkansas
    Longitude
    -93.307005
    Latitude
    34.515539

    Nearby Similar for Sale

    • $88,000

      Royal, AR 8-Acre Land Tract

      8 acres in Royal, AR, ready for building or recreation.
      000 Old Bear Road, Royal, AR 71968
      View Details
    • $169,900

      Scenic Acreage with Mountain Views

      8.9 acres with pond, mountain views, near Lake Hamilton.
      3109 Sunshine Road, Royal, AR 71968
      View Details
    • $250,000

      Royal, AR Acreage For Sale

      9.69 acre parcel suitable for boat/RV storage units.
      7809 Albert Pike Road, Royal, AR 71968-0000
      View Details
    • $159,900

      Royal, AR Acreage Homesite

      10.59 acres with homesite near Lake Hamilton School.
      3109 Sunshine Road, Royal, AR 71968
      View Details
    • $199,000

      Residential Lot Ready for Building

      4.34-acre lot with utilities in place near National Forest.
      2522 S Crystal Springs, Hot Springs, AR 71968
      View Details
    • $63,500

      Royal, AR Acreage with Pond

      4.56 acre lot in Lake Hamilton School District.
      200 Natural Place, Royal, AR 71968
      View Details
    • $429,000

      Unrestricted Acreage Near Lake Ouachita

      40-acre unrestricted tract near Lake Ouachita and Hot Springs.
      TBD Albert Pike Rd, Royal, AR 71968-9999
      View Details
    • $220,000

      Royal Area Land Tract

      18+ acre wooded land with creek and utilities available.
      1400 Old Bear Road, Royal, AR 71968
      View Details
    • $25,000

      Residential Lot Near Ouachita River

      Two lots combined, ideal for building a lake escape.
      Lot 5&6/Blk 3 Williams Road, Royal, AR 71968
      View Details
    • $13,000

      Wooded Lots Near Lake Hamilton

      Two wooded lots in a lake community.
      Algonkin Drive lot: 7 & 8, Other AR, AR 71968
      View Details
    • $199,900

      Lake Hamilton Frontage Wooded Acreage

      Wooded 4.11 acre lot with frontage on Lake Hamilton.
      000 Woodview Lane, Royal, AR 71968
      View Details
    • $59,000

      Residential Lot Ready for Building

      Residential lot with utilities in place near the lake.
      Xxx Woodland Shores, Royal, AR 71968
      View Details

    FAQs

    What type of property is this?
    Land - 47+ acres of timber land near Crystal Springs boat ramp.
    Where is this land located?
    The property is located at 9319 Albert Pike Road Royal, AR.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Over 47 acres of timber land; Located in Garland County; Situated between Lake Hamilton and Lake Ouachita
    (501) 317-9782
    We can help!
    Listing Contact
    Lindsey Blaylock
    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
    9319 Albert Pike Road, Royal, AR 71968
    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!