Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tract 2 Horseshoe Bend Road Lead Hill, AR 72644

    View on Map
    Claim this Listing
    New
    For Sale
    $216,000

    LAND - Lead Hill, AR

    Lot size:
    36.04 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 30 at 2:06 am

    Property Features for Tract 2 Horseshoe Bend Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    019-02970-000
    Lot size
    36.04 Acres

    Taxes and HOA fees

    Tax Description
    PT NW SW; PT SW SW
    Tax Annual Amount
    100

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Bjorn Wilkerson
    Bjorn Wilkerson

    Listing agent Bjorn Wilkerson License #SA00097408

    Listing office Midwest Land Group, LLC 1176 Cr 414, Norman, AR

    Listing date Apr 27, 2026

    MLS# 1344390 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.

    Overview

    36 Acres Near Bull Shoals

    This 36 +/- acre tract is positioned just minutes from Bull Shoals Lake in Boone County. The property is fully wooded and mostly level, making it ideal for multiple build sites for a private retreat, cabin setup, or future home. With road frontage on two sides, access is excellent. Utilities are nearby, and the proximity to the lake opens the door for a wide range of uses, from a personal getaway to an investment opportunity. Wildlife is abundant, and the setting provides a quiet, secluded atmosphere. It is just a short drive to boat ramps and recreational access on Bull Shoals. An additional 32 +/- acre tract directly neighboring this property is also available, offering a unique opportunity to expand your footprint or secure a larger, more private holding.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lead Hill
    County
    Boone
    State
    Arkansas
    Longitude
    -92.9861268
    Latitude
    36.5064169

    Nearby Similar for Sale

    • $1,100,000
      3,066 SF

      Lead Hill Farmhouse on 250 Acres

      250-acre Lead Hill farm with updated home near Bull Shoals.
      17477 N HWY 7, Lead Hill, AR 72644
      View Details
    • $130,000

      Lead Hill Cafe Opportunity

      Cafe with equipment, furniture, and outbuildings near lake access.
      14 MAIN STREET, Lead Hill, AR 72644
      View Details
    • $49,900

      Land Near Bull Shoals Lake

      1.5-acre property near Bull Shoals Lake with custom shop building.
      9 Marion County 2039 lot: --, Lead Hill, AR 72644
      View Details
    • $69,900

      Land with Year Round Creek

      5 acre property featuring a year-round creek and spring.
      Cedar Grove Road lot: 0, Lead Hill, AR 72644
      View Details
    • $192,000

      32 Acres Near Bull Shoals

      32-acre wooded tract near Bull Shoals Lake.
      Tract 1 HORSESHOE BEND Road, Lead Hill, AR 72644
      View Details
    • $40,000

      Unrestricted Land Near Lead Hill

      3.39 acre parcel ready for building near the lake.
      Hammerschmidt Road lot: 3, Lead Hill, AR 72644
      View Details
    • $20,000

      Land in Diamond City

      Two lots near Bull Shoals Lake for sale.
      E Sunset Street lot: 24 & 25, Lead Hill, AR 72644
      View Details
    • $251,090

      Lake Property Opportunity

      14.77 acres on Bull Shoals Lake with utilities.
      5340 E Persimmon Pt lot: 25 & 26, Lead Hill, AR 72644
      View Details
    • $105,000

      Lead Hill Land Near Lake

      5.3-acre lot near lake with utilities and lake access.
      42 Douglas Cove lot: 41&42, Lead Hill, AR 72644
      View Details
    • $200,000

      Secluded Land Near the Lake

      20 acres of wooded land near the lake.
      Lower Place Drive, Lead Hill, AR 72644
      View Details
    • $290,000
      1,456 SF

      Bait Shop, RV Park, Home

      Thriving business and charming home near the boat dock.
      1431 Diamond Boulevard, Lead Hill, AR 72644
      View Details
    • $49,000

      Unrestricted Land Near Bull Shoals Lake

      Unrestricted land near Bull Shoals Lake with included RV.
      143 MC 2073, Lead Hill, AR 72644
      View Details

    FAQs

    What type of property is this?
    Land - 36-acre wooded tract near Bull Shoals Lake with development potential.
    Where is this land located?
    The property is located at Tract 2 Horseshoe Bend Road Lead Hill, AR.
    What is the asking price?
    The asking price for this property is $216,000.
    What are key features of this property?
    This property features: Minutes from Bull Shoals Lake offering recreational access.; 36 +/- acre tract with development potential.; Mostly level land ideal for multiple build sites.
    (417) 773-5470
    We can help!
    Listing Contact
    Bjorn Wilkerson
    Bjorn Wilkerson
    Real Estate License ID: SA00097408
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!