Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Land with Valley Views Title is generated by Realmo AI

    Cr-206 lot 11&12 Unit, Eureka Springs, AR 72632

    View on Map
    Claim this Listing
    For Sale
    $84,500

    LAND - Eureka Springs, AR

    Lot size:
    11.63 Acres
    Added:
    Aug 25, 2025
    Days on Market:
    286
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for Cr-206 lot 11&12 Unit

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    342-00010-000
    Lot size
    11.63 Acres

    Taxes and HOA fees

    Tax Description
    LOT 11 & 12 Unit 1 Wolfridge Estates
    Tax Annual Amount
    205

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Jason Williams

    Listing agent Jason Williams License #PB00051663

    Listing office Williams Properties Real Estate 602 Eureka Avenue, Berryville, AR

    Listing date Aug 25, 2025

    MLS# 1319175 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Secluded lot with stunning valley views and breathtaking sunrises within the Wolf‑Ridge Estate.
    • Private drive leading to a level potential build area.
    • Proximity to outdoor recreational activities: trout fishing, kayaking on White River, Beaver and Table Rock Lake.
    • Minutes away from the Victorian town of Eureka Springs with restaurants and attractions.
    • Close to the new Opera and Performing Arts facility (Opera in the Ozarks).
    • Mature trees (oak, walnut, cedar, and pines) on the property.

    Overview

    Located within the Wolf-Ridge Estate, this secluded 11.625-acre lot is situated towards the end of CR206. It offers valley views and sunrises. The land features mature trees such as oak, walnut, cedar, and pines. A private drive leads to a level potential build area. Electric is accessible from CR206, while well and septic systems will be required. The property is a couple of miles from the Opera and Performing Arts facility (Opera in the Ozarks). The Victorian town of Eureka Springs, with restaurants and attractions, is minutes away. The new regional airport is 46 miles away, providing connections to major domestic cities. Outdoor activities such as trout fishing and kayaking are available on the White River, Beaver Lake, and Table Rock Lake, all located minutes from the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.767822
    Latitude
    36.451017

    Nearby Similar for Sale

    • $759,000
      5,267 SF

      Turn-Key Tourist Lodging Investment

      Tourist lodging with commercial zoning near downtown Eureka Springs.
      3185 E Van Buren, Eureka Springs, AR 72632
      View Details
    • $375,000
      2,210 SF

      Eureka Springs Commercial Opportunity

      Commercial property with highway frontage, ideal for various ventures.
      426 Van Buren, Eureka Springs, AR 72632
      View Details
    • $1,499,999
      5,696 SF

      Iconic Eureka Springs Lounge & Pub

      Historic downtown Eureka Springs lounge and pub for sale.
      82 Armstrong Street, Eureka Springs, AR 72632
      View Details
    • $659,000
      3,000 SF

      Historic Eureka Springs Mixed-Use Building

      Two-story building with retail storefront and residential apartment.
      87 Spring Street, Eureka Springs, AR 72632
      View Details
    • $1,200,000
      5,937 SF

      Eureka Springs Commercial Opportunity

      Established convenience store on 4.03 acres with high visibility.
      14735 Highway 62, Eureka Springs, AR 72632
      View Details
    • $488,000
      1,792 SF

      Eureka Springs Income Property

      Unique income property near White River with duplex and glamping.
      895 Flamingo Lane, Eureka Springs, AR 72631
      View Details
    • $1,490,000
      4,300 SF

      Turnkey Wedding Venue and Cabin Resort

      Established event space with a luxury short-term rental provides immediate hospitality income and expansion options.
      148-150 Passion Play Road, Eureka Springs, AR 72632
      View Details
    • $445,500
      3,804 SF

      Eureka Springs Mixed-Use Property

      Commercial space with living quarters in high-traffic location.
      2080 Van Buren, Eureka Springs, AR 72632
      View Details
    • $650,000
      2,500 SF

      Eureka Springs Income Property

      Commercially zoned property with retail space and short-term rentals.
      50 Main Street, Eureka Springs, AR 72632
      View Details
    • $80,000

      10 Acres Near Beaver Lake

      10 acres near Beaver Lake and Eureka Springs.
      CR 206, Eureka Springs, AR 72632
      View Details
    • $479,900
      2,081 SF

      Restored Victorian Duplex in Downtown

      Modern duplex blending historic charm with updates in downtown Eureka Springs.
      19 Pine Street, Eureka Springs, AR 72632
      View Details
    • $320,000

      Lakefront Land with Boat Slip

      0.99 acre Eureka Springs land with lake access.
      CR 1526 lot: 13, Eureka Springs, AR 72632
      View Details

    FAQs

    What type of property is this?
    Land - Beautiful, secluded 11.625-acre lot near Eureka Springs, Arkansas.
    Where is this land located?
    The property is located at Cr-206 lot 11&12 Unit Eureka Springs, AR.
    What is the asking price?
    The asking price for this property is $84,500.
    What are key features of this property?
    This property features: Secluded lot with **stunning valley views and breathtaking sunrises** within the Wolf‑Ridge Estate.; Private drive leading to a level potential build area.; Proximity to outdoor recreational activities: trout fishing, kayaking on White River, Beaver and Table Rock Lake.
    (870) 423-8668
    We can help!
    Listing Contact
    Jason Williams
    Real Estate License ID: PB00051663
    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
    Cr-206 lot: 11&12 Unit, Eureka Springs, AR 72632
    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!