Private Lake-Access Land
For Sale
$550,000
24550 Capps Ranches Road, Rogers, AR 72756
Land, Rogers, AR
Property Size2,672 SF
Lot Size23.04 Acres
Price / SF$205.84
Days on Market101
Property Features for 24550 Capps Ranches Road
General Information
Property type
Land
Property subtype
Other
Vegetation
Wooded
Lot features
Cleared, Mobile Home Allowed, Rural Lot, Secluded, Wooded, Level
Elementary school district
Rogers
Middle school district
Rogers
High school district
Rogers
Directions
From Rogers take Hwy 12 E for 14.9 miles. Turn left onto AR 127 E for 6.4 miles. Take a sharp left on to Madison 8455 (Gravel Road). Drive 3.9 miles and continue to bear left on Madison 8455. In 2.5 mi continue left onto Capps Ranches Rd. Go 1.2 miles and turn right to property. Property is on right with iron gate. Once inside gate, continue on trail to shop / house.
Standard status
Active
APN
18-16576-001
Lot size
23.04 Acres
Taxes and HOA fees
Tax Description
Subdivision Sec 14 - Twp 19 - Rng 27; Subdivision Sec 15-Twp 19 - Rng 27
Tax Annual Amount
2735
Legal Description
Subdivision Sec 14 - Twp 19 - Rng 27; Subdivision Sec 15-Twp 19 - Rng 27
Utilities
Utilities
Propane
Sewer type
Septic Tank
Water source
Well
Listing Agency:
Keller Williams Market Pro Realty Branch Office · Keller Williams Realty
(479) 657-6797
Listed By:
Ruth Darling · License #SA00090096
(214) 551-2416
Added: Jul 7
Changed: Sep 23
Last Checked: Oct 15 at 11:06PM
MLS# 1354348
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.
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Investment Insights
Based on property information with market context.
Set up for privacy and flexibility, this 23.04-acre tract includes secluded wooded and level areas and room to build a custom home, stables and pasture, a barn, guest house, shop, or multiple build sites for a family compound or homestead. An original approximately 2,672-square-foot home with an attached shop (built in 1998) sits on 1.38 cleared acres, but it is uninhabitable and could serve as a renovation project or interim residence during construction.
Lake access is described as easy, with a boat slip in a co-owned dock (3 owners) in Hogscald Hollow. On-site improvements include a well, septic, electrical, solar electrical, outlets, and lighting, along with a 1,000-gallon propane tank.
The property is also positioned for outdoor recreation, with abundant wildlife habitat noted and a nearby hunting lease property mentioned in the listing remarks.
Lake access is described as easy, with a boat slip in a co-owned dock (3 owners) in Hogscald Hollow. On-site improvements include a well, septic, electrical, solar electrical, outlets, and lighting, along with a 1,000-gallon propane tank.
The property is also positioned for outdoor recreation, with abundant wildlife habitat noted and a nearby hunting lease property mentioned in the listing remarks.
Key Highlights
- 23 private wooded and level acres with secluded iron gate entrance
- Beaver Lake access in Hogscald Hollow, with boat slip in a co‑owned dock (3 owners)
- Utilities and services on site: solar electrical, plus well water and septic tank sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,762
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,240
$435.2K
Cap Rate 7%
$310,886
$310.9K
Cap Rate 9%
$241,800
$241.8K
Market Conditions
NOI Build-Up for 2,672 SF
Gross rent
$42.0K $15.72/SF
− Vacancy
−$2.4K −$0.91/SF
EGI
$39.6K $14.81/SF
− OpEx
−$17.8K −$6.66/SF
NOI
$21.8K $8.14/SF
Area
Benton County, AR
Vacancy
5.80%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,240
Cap Rate 7%
$310,886
Cap Rate 9%
$241,800
Alternative Uses
Best Use
Apartment 5plus
$310.9K
$272.0K – $362.7K
NOI $21,762 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$734.3K
$642.5K – $856.7K
NOI $51,400 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Secluded 23-acre tract with lake access via a co-owned dock and on-site well, septic, electrical, and propane.
Where is this waterfront land located?
The property is located at 24550 Capps Ranches Road Rogers, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 23 private wooded and level acres with secluded iron gate entrance; Beaver Lake access in Hogscald Hollow, with boat slip in a co‑owned dock (3 owners); Utilities and services on site: solar electrical, plus well water and septic tank sewer
