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    Lot #12 University Hts Monticello, AR 71655

    For Sale
    Contact for pricing

    Residential Lot - Monticello, AR

    Lot size:
    0.43 Acres
    Days on Market:
    627
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for Lot #12 University Hts

    General Information

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

    Building Details

    Architectural style
    Other

    Hope & Company Realty (870) 723-3443

    Listing agent Hope Hartness (870) 723-3443

    Listing date Mar 20, 2024

    MLS# 20031111 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Lot in Quiet Neighborhood

    This residential lot, located in a quiet neighborhood in Monticello, Arkansas, offers an opportunity to build a home. The lot size is 0.43 acres. It is located in University Heights.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.7736
    Latitude
    33.6188

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    FAQs

    What type of property is this?
    Land - Residential lot in Monticello, AR, ideal for building a home.
    Where is this land located?
    The property is located at Lot #12 University Hts Monticello, AR.
    What is the asking price?
    The asking price for this property is $28,500.
    What are key features of this property?
    This property features: - Excellent location; - Quiet neighborhood; - Opportunity to build a dream home
    (870) 723-3443
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    Lot #12 University Hts Monticello, AR 71655
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    Realmo Value Estimation

    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.

    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.

    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
    Lot #12 University Hts Monticello, AR 71655
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