Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Riverfront Acreage in Amity Title is generated by Realmo AI

    22.62 Acres Hwy 84, Amity, AR 71921

    View on Map
    Claim this Listing
    For Sale
    $400,000

    Acreage - Amity, AR

    Lot size:
    22.62 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    31
    Last Refresh:
    May 21 at 5:06 am

    Property Features for 22.62 Acres Hwy 84

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    38

    Utilities

    Water front features
    Creek, River, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kay Stewart

    Listing agent Kay Stewart

    Listing office Partners Realty - Glenwood 114 Fagan St, Glenwood, AR

    Listing date Apr 21, 2026

    MLS# 26015792 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

    • 792 feet of Caddo River frontage on 22.62 acres
    • Conveniently located directly off Highway 84 in Amity
    • Multiple potential home sites with scenic river and creek views
    • Abundant wildlife and exceptional privacy due to mature timber and bordering Wildlife Management Area
    • Ideally situated six miles from Lake DeGray
    • Includes a creek winding through the property

    Overview

    This secluded 22.62-acre tract in Amity, AR, features approximately 792 feet of frontage along the Caddo River. The property is conveniently located directly off Highway 84, providing rare river access with ease of access. The land includes multiple potential home sites that offer scenic views overlooking the Caddo River and a creek winding through the property. Mature timber is abundant throughout the acreage, which is bordered on one side by a Wildlife Management Area, enhancing privacy and attracting wildlife. This property is suited for fishing and hunting, situated just six miles from Lake DeGray. The acreage offers opportunities for building, hunting, fishing, or investment.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Amity
    County
    Clark
    State
    Arkansas
    Longitude
    -93.4151422
    Latitude
    34.2871239

    Nearby Similar for Sale

    • $75,000

      Amity Land Parcel on Highway

      4-acre parcel suitable for residential or business use.
      843 Owens, Amity, AR 71921
      View Details
    • $60,000
      1,976 SF

      Amity Commercial Building For Sale

      Commercial building with long-term tenant in Amity, Arkansas.
      103 W THOMPSON, Amity, AR 71921
      View Details
    • $60,000
      1,976 SF

      Commercial Building in Amity Square

      Brick building with restaurant tenant in Amity, Arkansas.
      103 W Thompson, Amity, AR 71923
      View Details
    • $60,000

      Wooded Acreage Near DeGray Lake

      4.08 acres of wooded land near DeGray Lake.
      0000 Brushy Cemetery Road, Amity, AR 71921
      View Details
    • $240,000

      Amity, AR Acreage with Pond

      25-acre property with pond, mountain views, wooded and open land.
      761 Richardson, Amity, AR 71921
      View Details
    • $96,000

      Amity, AR Acreage For Sale

      16+/- acre rural property near Caddo River.
      2470 Highway 84, Amity, AR 71921
      View Details
    • $169,900

      Caddo River Acreage For Sale

      3.72 acres on the Caddo River with utilities in place.
      100 Old River Cabin Road, Amity, AR 71921
      View Details
    • $100,000

      Amity, AR Acreage For Sale

      9.63 acres with 550 feet of river frontage.
      0 none, Amity, AR 71921
      View Details
    • $74,500

      Secluded Hunting Land in Amity

      Private off-grid hunting cabin on 12+/- acres in Amity, AR.
      xx John Ashley, Amity, AR 71921
      View Details
    • $54,500

      Amity, AR Hunting Land

      11.52 acres of off-grid land perfect for hunting.
      xx John Ashley, Amity, AR 71921
      View Details
    • $465,442

      Pike County Recreational Land For Sale

      Land for sale near Lake Greeson with highway frontage.
      HWY 84, Amity, AR 71921
      View Details
    • $399,900
      13,000 SF

      Unique Multi-Building Commercial Complex

      Multi-building complex on 6.2 acres with highway frontage.
      12826 E Hwy 8, Amity, AR 71921
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 22.62 acres with Caddo River frontage near Lake DeGray.
    Where is this waterfront land located?
    The property is located at 22.62 Acres Hwy 84 Amity, AR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 792 feet of Caddo River frontage on 22.62 acres; Conveniently located directly off Highway 84 in Amity; Multiple potential home sites with scenic river and creek views
    (870) 451-3161
    We can help!
    Listing Contact
    Kay Stewart
    Real Estate License ID: SA00099601
    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
    22.62 Acres Hwy 84, Amity, AR 71921
    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!