Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    TBD CR 935 Alpena, AR 72611

    View on Map
    Claim this Listing
    New
    For Sale
    $306,860

    LAND - Alpena, AR

    Lot size:
    73.00 Acres
    Added:
    May 5, 2026
    Days on Market:
    3
    Last Refresh:
    May 7 at 6:06 am

    Property Features for TBD CR 935

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    001-01877-000
    Lot size
    73.00 Acres

    Taxes and HOA fees

    Tax Description
    NW NE, NE NW, E 365FT NW NW
    Tax Annual Amount
    85

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Hugh Lumpkin

    Listing agent Hugh Lumpkin

    Listing office The Griffin Company Commercial Division-Springdale 5100 S Thompson, Springdale, AR

    Listing date May 5, 2026

    MLS# 1345316 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

    • 73‑acre rural retreat, ideal for hunting and outdoor recreation.
    • Located less than an hour from Northwest Arkansas with easy access off Hwy 412.
    • Abundant wildlife including deer, turkey, and bear, with established food plots.
    • Established trail system and wide powerline easement for hunting and land management.
    • Multiple prime building sites with panoramic northern views.
    • Priced to sell, offering an affordable opportunity for a getaway.

    Overview

    Secluded 73-Acre Hunting Paradise

    This 73-acre rural property is located approximately 3/4 mile from Hwy 412 and less than an hour from Northwest Arkansas. The land is suited for hunting, with deer, turkey, and bear present. Established food plots are in place. An established trail system provides access throughout the acreage. A wide powerline easement offers a corridor for placing stands and cultivating forage. Multiple building sites provide views to the north. The property is suited for a permanent home or cabin. The landscape is designed for wildlife management. This property offers a balance of convenience and outdoor adventure and is suited for a hunting tract or a quiet sanctuary to enjoy the Ozark scenery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Alpena
    County
    Boone
    State
    Arkansas
    Longitude
    -93.2709
    Latitude
    36.2987

    Nearby Similar for Sale

    • $225,000

      Alpena, AR Land For Sale

      Two acres of land suitable for commercial or residential development.
      505 Highway 62 lot: Alpena City, Alpena, AR 72611
      View Details
    • $770,000

      Secluded Hunting Land with Creek

      320 acres of secluded hunting land with creek.
      320 Acres CR 921, Alpena, AR 72611
      View Details
    • $280,000

      80-Acre Ozark Retreat in Alpena

      Secluded acreage with mountain views, pond, and recreational potential.
      001-00342-002 CR 927 Road, Alpena, AR 72611
      View Details
    • $280,000

      Secluded 80-Acre Ozark Retreat

      Private 80-acre retreat with pond, views, and recreational potential.
      001-00342-002 CR 927, Alpena, AR 72611
      View Details
    • $79,000

      Mountain-Top Land in Carroll County

      7.7+/- acre mountain-top property ideal for residential or recreational use.
      Carroll 972, Alpena, AR 72611
      View Details
    • $770,000

      Ozark Hunting and Recreation Land

      320 acres of recreational and hunting land in Alpena, Arkansas.
      022-08412-000 CR 921, Alpena, AR 72611
      View Details
    • $125,000

      Ozark Land in Carroll County

      20.18 acre property in the heart of the Ozarks.
      County Rd 972, Alpena, AR 72611
      View Details
    • $545,000

      120 Acres in the Ozarks

      Versatile acreage with pasture, timber, pond, and building sites.
      Carroll CR 978, Alpena, AR 72611
      View Details
    • $399,000
      1,280 SF

      Small Farm with Poultry Houses

      Farm with home, poultry houses, shop, pasture, and pond.
      9250 County Road 905, Alpena, AR 72611
      View Details
    • $1,075,000

      Farmland with Creek Frontage

      119.5 acres of farmland with income potential near Alpena.
      Highway 412 & Wpa Road lot: 18, Alpena, AR 72611
      View Details

    FAQs

    What type of property is this?
    Hunting land - Premier rural retreat ready for hunting and outdoor adventure.
    Where is this hunting land located?
    The property is located at TBD CR 935 Alpena, AR.
    What is the asking price?
    The asking price for this property is $306,860.
    What are key features of this property?
    This property features: 73‑acre rural retreat, ideal for hunting and outdoor recreation.; Located less than an hour from Northwest Arkansas with easy access off Hwy 412.; Abundant wildlife including deer, turkey, and bear, with established food plots.
    (479) 434-7377
    We can help!
    Listing Contact
    Hugh Lumpkin
    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
    TBD CR 935, Alpena, AR 72611
    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!