Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Harriet, AR Land For Sale Title is generated by Realmo AI

    229 Mayapple Road, Harriet, AR 72639

    View on Map
    Claim this Listing
    For Sale
    $47,500

    LAND - Harriet, AR

    Lot size:
    7.51 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    197
    Last Refresh:
    May 22 at 9:06 am

    Property Features for 229 Mayapple Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001-03420-004
    Lot size
    7.51 Acres

    Taxes and HOA fees

    Tax Description
    Pt W1/2 SW NW 15-16-15
    Tax Annual Amount
    10

    We can help!

    Listing Contact
    Randy McCallister

    Listing agent Randy McCallister License #PB00074974

    Listing office Goodman Realty Arkansas-Marshall 501 South Hwy 65, Marshall, AR

    Listing date Nov 6, 2025

    MLS# 25044537 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

    • Direct access to Buffalo National River boundary for outdoor activities.
    • Enjoy floating, swimming, and fishing with close proximity to the Buffalo River's edge.
    • 7.51 acre tract suitable for building.
    • Mostly level terrain with ample level areas for construction.
    • Located in the Ozark Mountains of North Central Arkansas.
    • Electric lines nearby.

    Overview

    This 7.51-acre tract is located in the Ozark Mountains of North Central Arkansas, suitable for building a cabin. The property is 0.25 miles from the Buffalo National River boundary line, providing access to thousands of acres for hunting, hiking, exploring, horseback riding, and camping. The Buffalo River's edge, with a canoe/kayak launch site for floating, swimming, and fishing, is 1.75 miles away on a well-maintained road. The tract is mostly level with some slope, offering level areas for a cabin, house, or travel trailer. Electric lines are nearby, but permission is needed to connect to the neighbor's power pole. A water well is required, as rural water lines are distant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Harriet
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.4926
    Latitude
    35.9848

    Nearby Similar for Sale

    • $675,000
      3,424 SF

      Ozark Mountain Resort Opportunity

      Turn-key resort near Buffalo National River with renovation and acreage.
      821 W Hwy 14, Harriet, AR 72639
      View Details
    • $675,000
      3,424 SF

      Renovated Resort Near Buffalo River

      Turn-key resort on 17 acres near Buffalo National River.
      821 W Hwy 14, Harriet, AR 72639
      View Details
    • $47,500

      Harriet, AR Land for Sale

      7.51 acre tract near Buffalo National River.
      229 Mayapple Road, Harriet, AR 72639
      View Details
    • $105,000

      Harriet, AR Hunting Land

      28 acre hunting and cabin retreat near Buffalo River.
      00 Gutter RD, Harriet, AR 72639
      View Details
    • $675,000
      3,424 SF

      Turn-Key Resort in Ozark Mountains

      Renovated resort near Buffalo National River with owner financing.
      821 Highway 14, Harriet, AR 72639
      View Details
    • $399,000

      Harriet, AR Recreational Hunting Land

      141+/- acre recreational and hunting property near Buffalo River.
      Schnauzer LN, Harriet, AR 72639
      View Details
    • $147,000

      Heavily Wooded Ozark Mountain Land

      40+ acres near Buffalo National River, ideal for recreation.
      fawn Road, Harriet, AR 72639-9998
      View Details
    • $195,000

      Harriet, AR Hunting/Recreational Land

      65 acres of hunting and recreational land near Buffalo River.
      001-01616-004 HWY 14, Harriet, AR 72639
      View Details
    • $33,000

      Harriet, AR Wooded Acreage

      11.62 acres near Buffalo National River.
      357 Coza Home Road, Harriet, AR 72639
      View Details
    • $675,000

      Turn-Key Resort Near Buffalo River

      Renovated resort near Buffalo National River with owner financing.
      821 Hwy 14 West, Harriet AR, Harriet, AR 72639
      View Details
    • $47,500

      Ozark Mountain Recreational Land

      7.51 acres near Buffalo National River with recreational opportunities.
      229 Mayapple Road, Harriet, AR 72639
      View Details
    • $250,000

      Expansive Harriet, Arkansas Land Parcel

      48.28 acres of residential vacant land in Harriet, Arkansas.
      +/- 48.28 Acre 156 Highway, Harriet, AR 72639
      View Details

    FAQs

    What type of property is this?
    Recreation land - 7.51 acre tract near Buffalo National River boundary.
    Where is this recreation land located?
    The property is located at 229 Mayapple Road Harriet, AR.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: Direct access to Buffalo National River boundary for outdoor activities.; Enjoy floating, swimming, and fishing with close proximity to the Buffalo River's edge.; 7.51 acre tract suitable for building.
    (870) 448-6444
    We can help!
    Listing Contact
    Randy McCallister
    Real Estate License ID: PB00074974
    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
    229 Mayapple Road, Harriet, AR 72639
    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!