Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Timber Tract in Delaware Title is generated by Realmo AI

    HWY 22, Delaware, AR 72835

    View on Map
    Claim this Listing
    For Sale
    $120,000

    LAND - Delaware, AR

    Lot size:
    40.00 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    115
    Last Refresh:
    May 22 at 6:06 am

    Property Features for HWY 22

    General Information

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

    Taxes and HOA fees

    Tax Description
    32-08-22
    Tax Annual Amount
    80

    We can help!

    Listing Contact
    Jake Fowler

    Listing agent Jake Fowler

    Listing office Midwest Land Group, LLC 1176 County Rd. 414, Greenwood, AR

    Listing date Jan 27, 2026

    MLS# 26003791 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

    • Secluded 40 +/- acre timber tract offering unmatched privacy.
    • Abundant wildlife, with evident deer sign and multiple stand locations, due to no hunting pressure in the last fifteen years.
    • Mixture of mature oak, pine, and cedar timber providing diverse habitat and potential timber value.
    • Seasonal creek with picturesque watering holes for wildlife.
    • Conveniently located a short drive from Dardanelle (20 minutes) and Russellville (25 minutes).
    • Close proximity to Lake Dardanelle with multiple boat launches and access points.

    Overview

    This 40 +/- acre timber tract is located in Eastern Logan County, in the community of Delaware. The property is situated over a mile off of State Highway 22 down a private easement road. The land features a stand of mature timber with a mixture of oak, pine, and some large cedar. The timber varies from large open timber to areas with more undergrowth. A seasonal creek meanders through the property, creating watering holes. Deer sign is evident throughout the property. The property is a twenty-minute drive from Dardanelle, and twenty-five minutes from Russellville. Lake Dardanelle is also nearby, with multiple boat launches and access points available in the area. The property is suited for recreational use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Delaware
    County
    Logan
    State
    Arkansas
    Longitude
    -93.410753
    Latitude
    35.289752

    Nearby Similar for Sale

    • $335,000

      90 Acres Hunting & Recreational Land

      90 acres of Arkansas hunting and recreational land for sale.
      Flurry Road lot: 0, Delaware, AR 72835
      View Details
    • $140,000

      40 Acres Wooded Land

      Wooded 40-acre land with lake views near Delaware, Arkansas.
      RIVERSIDE Road lot: 0, Delaware, AR 72835
      View Details
    • $335,000

      Arkansas Recreational Land with Hunting

      90 acres of Arkansas recreational land perfect for hunting.
      Flurry Road, Delaware, AR 72835
      View Details
    • $119,500

      Lake Dardanelle Wooded Land

      6 acres of wooded land on Lake Dardanelle.
      Flurry Road lot: Pt Sese, Delaware, AR 72835
      View Details
    • $150,000

      40 Acres Near Arkansas River

      40-acre wooded tract near Arkansas River in Logan County.
      40 Acre, Delaware, AR 72835
      View Details

    FAQs

    What type of property is this?
    Recreation land - 40-acre recreational timber tract in Eastern Logan County.
    Where is this recreation land located?
    The property is located at HWY 22 Delaware, AR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Secluded 40 +/- acre timber tract offering unmatched privacy.; Abundant wildlife, with evident deer sign and multiple stand locations, due to no hunting pressure in the last fifteen years.; Mixture of mature oak, pine, and cedar timber providing diverse habitat and potential timber value.
    (479) 393-1997
    We can help!
    Listing Contact
    Jake Fowler
    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
    HWY 22, Delaware, AR 72835
    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!