Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Undeveloped Land Near El Dorado Title is generated by Realmo AI

    NW1/4 NW1/4 Section 28 Township 17S Range 18W, El Dorado, AR 71730

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

    LAND - El Dorado, AR

    Lot size:
    40.00 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    163
    Last Refresh:
    May 23 at 8:06 am

    Property Features for NW1/4 NW1/4 Section 28 Township 17S Range 18W

    General Information

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

    Taxes and HOA fees

    Tax Description
    NW NW 40ac #963257 014626
    Tax Annual Amount
    55

    We can help!

    Listing Contact
    Eric Clapp

    Listing agent Eric Clapp

    Listing office Stevens Forestry Service, Inc. 100 W Sharp, El Dorado, AR

    Listing date Dec 11, 2025

    MLS# 25048632 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

    • Established 10‑year‑old even‑aged pine stand offering visual appeal and long‑term value.
    • Convenient access from Union County Road 37 off of East Main (HWY 63), approximately five miles east of El Dorado.
    • Gently rolling to generally flat topography suitable for various uses.
    • Surrounded by natural scenery, providing privacy for a future country home.
    • Potential for investment opportunity.
    • Suitable as a hunting property.

    Overview

    This is a 40-acre piece of undeveloped land located approximately five miles east of El Dorado, Arkansas. It is accessible from Union County Road 37 off of East Main (HWY 63). The property features gently rolling to generally flat topography and an established 10-year-old even-aged pine stand. It is surrounded by natural scenery and offers privacy. This land is suitable for a future country home, investment opportunity, or hunting property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    El Dorado
    County
    Union
    State
    Arkansas
    Longitude
    -92.5598668
    Latitude
    33.2182127

    Nearby Similar for Sale

    • $229,000
      2,274 SF

      Remodeled Commercial Building on Main

      Updated office space suitable for various professional uses.
      625 E Main St, El Dorado, AR 71730
      View Details
    • $425,000
      3,240 SF

      El Dorado Bar & Saloon

      Well-known bar and saloon on high-traffic highway in El Dorado.
      204 Strong Hwy, El Dorado, AR 71730
      View Details
    • $189,000
      1,374 SF

      El Dorado Commercial Property For Sale

      Mechanic shop and car lot with office and service bays.
      701 E Main St, El Dorado, AR 71730
      View Details
    • $300,000
      1,280 SF

      Established Restaurant Opportunity in ElDorado

      Turnkey restaurant with equipment, recipes, and catering trailers included.
      1000 E Main St, El Dorado, AR 71730
      View Details
    • $500,000

      Prime Land in El Dorado

      21+/- acres ideal for commercial development in El Dorado.
      XXX 167 B, El Dorado, AR 71730
      View Details
    • $325,000

      El Dorado Commercial Land Parcel

      3.95-acre commercial tract in active hospitality and retail corridor.
      Beverly Dr., El Dorado, AR 71730
      View Details
    • $295,000

      El Dorado Commercial Land For Sale

      3.02 acre commercial tract with frontage on East Hillsboro.
      1510 E Hillsboro St, El Dorado, AR 71730
      View Details
    • $239,500
      2,358 SF

      Downtown El Dorado Office Building

      Updated office building in historic downtown El Dorado.
      311 E Main St, El Dorado, AR 71730
      View Details
    • $9,500

      Residential Land in El Dorado, AR

      Two lots totaling 0.21 acres near local amenities.
      Southfield Road lot: 1-2, Other AR, AR 71730
      View Details
    • $500,000

      El Dorado Commercial Land Opportunity

      21+/- acres prime commercial land, ideal for development.
      167-B, El Dorado, AR 71730
      View Details
    • $135,000

      30 Acres Land in El Dorado

      Land with mature timber and utilities in Parkers Chapel.
      3900 Southfield Road, El Dorado, AR 71730
      View Details
    • $1,600,000
      98,793 SF

      Industrial Building in El Dorado

      98,793 SF industrial building with office space for sale.
      131 Hudson Loop, El Dorado, AR 71730
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres of undeveloped land near El Dorado, Arkansas.
    Where is this land located?
    The property is located at NW1/4 NW1/4 Section 28 Township 17S Range 18W El Dorado, 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: Established 10‑year‑old even‑aged pine stand offering visual appeal and long‑term value.; Convenient access from Union County Road 37 off of East Main (HWY 63), approximately five miles east of El Dorado.; Gently rolling to generally flat topography suitable for various uses.
    (870) 310-5228
    We can help!
    Listing Contact
    Eric Clapp
    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
    NW1/4 NW1/4 Section 28, Township 17S, Range 18W, El Dorado, AR 71730
    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!