Sign Up Successful!
You now have access to more from Realmo!
    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

    County Road 206 Eureka Springs, AR 72632

    Sponsored
    For Sale
    $194,160

    Recreational - Eureka Springs, AR

    Lot size:
    16.18 Acres
    Days on Market:
    18
    Last Refresh:
    Feb 20 at 8:06 pm

    Property Features for County Road 206

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    343-00038-000
    Lot size
    16.18 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jason Williams

    Williams Properties Real Estate LLC (870) 423-4770

    Listing agent Jason Williams (870) 423-4770

    Listing date Feb 3, 2026

    MLS# 1334797 Listing URL

    Copyright © 2026 Northwest Arkansas Board of REALTORS®. 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

    Eureka Springs Wooded Land

    This is a 16.18-acre wooded land parcel overlooking and fronting the White River. It is located a couple miles from the Opera of the Ozarks and minutes from downtown Eureka Springs, Arkansas. The property offers proximity to trout fishing on the White River and bass fishing on Beaver and Table Rock Lakes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.778054
    Latitude
    36.450001

    Nearby Similar for Sale

    • $2,600,000
      457.00 Acres

      457 Acres Table Rock Lakefront

      Untouched land with lake frontage, dock, and development potential.
      Highway 187, Eureka Springs, AR 72631
      View Details
    • $847,500
      2,037 SF

      Eureka Springs Hotel/Motel Opportunity

      Successful hospitality business with unique lodging and expansion potential.
      61 County Road 222, Eureka Springs, AR 72632
      View Details
    • $799,000
      18.30 Acres

      Eureka Springs RV Park Opportunity

      Partially finished RV park with income potential in Eureka Springs.
      3091 Van Buren, Eureka Springs, AR 72632
      View Details
    • $1,200,000
      4,076 SF

      Eureka Springs Estate with Rental Income

      Three dwellings on 3 acres near Eureka Springs, Arkansas.
      157 County Road 210, Eureka Springs, AR 72632
      View Details
    • $5,000,000
      9,607 SF

      Luxury Cabins in Ozark Mountains

      Luxury log cabin retreat on 136 acres near Eureka Springs.
      3134 Van Buren, Eureka Springs, AR 72632
      View Details
    • $488,000
      1,792 SF

      Eureka Springs Income Property

      Unique income-producing property near White River with duplex and glamping.
      895 Flamingo Ln, Eureka Springs, AR 72631
      View Details
    • $750,000
      3,456 SF

      Historic Eureka Springs Bed & Breakfast

      Furnished short-term rental suites in historic limestone building.
      75 Hillside Ave, Eureka Springs, AR 72632
      View Details
    • $2,250,000
      18,107 SF

      Eureka Springs Boutique Lodge Opportunity

      Established, turnkey Eureka Springs lodging facility with high visibility.
      216 W Van Buren, Eureka Springs, AR 72632
      View Details
    • $1,500,000
      6,907 SF

      Eureka Springs Vacation Rental Property

      Turnkey vacation rental property with updated cabins and river views.
      755 County Road 210, Eureka Springs, AR 72632
      View Details
    • $2,950,000
      3,687 SF

      Luxury Treehouse Resort on 52 Acres

      Luxury treehouse resort with expansion potential near downtown Eureka Springs.
      70 Dogwood Rdg, Eureka Springs, AR 72632
      View Details
    • $460,000
      3,804 SF

      Eureka Springs Retail With Living

      Retail property with living quarters in high-traffic Eureka Springs.
      2080 Van Buren, Eureka Springs, AR 72632
      View Details
    • $1,650,000
      14,000 SF

      Lakeside Business Opportunity on Beaver Lake

      Thriving lakeside business with lodging and dive center on 14.47 acres.
      11792 Highway 187, Eureka Springs, AR 72631
      View Details

    FAQs

    What type of property is this?
    Recreation land - Wooded land near White River and Eureka Springs.
    Where is this recreation land located?
    The property is located at County Road 206 Eureka Springs, AR.
    What is the asking price?
    The asking price for this property is $194,160.
    What are key features of this property?
    This property features: - Large wooded land overlooking and fronting the White River.; - Waterfront property on the White River, perfect for nature lovers.; - Excellent fishing: Trout on the White River, Bass on Beaver and Table Rock Lakes.
    (870) 423-4770
    Request Owner's contact information
    County Road 206 Eureka Springs, AR 72632
    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.
    County Road 206
    Eureka Springs, AR 72632
    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
    County Road 206 Eureka Springs, AR 72632
    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
    Jason Williams
    Real Estate License ID: PB00051663
    (870) 423-4770 (870) 423-8668
    Learn more
    Google sign-in failed. Please try again or use another login method.