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    Arkansas Farm and Homestead Opportunity Title is generated by Realmo AI

    2471 Bethel Rd., Magazine, AR 72943

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    For Sale
    $740,000

    Farm/Estate - Magazine, AR

    Type:Farm
    Lot size:
    108.00 Acres
    Added:
    Aug 9, 2024
    Days on Market:
    656
    Last Refresh:
    May 26 at 1:06 pm

    Property Features for 2471 Bethel Rd.

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1
    Parking features
    Garage
    Standard status
    Active
    Lot size
    108.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joey Deer

    Listing agent Joey Deer

    Listing office Mossy Oak Properties Field, Farm, and Homes 1200 Fort Street, Barling, AR

    Listing date Aug 9, 2024

    MLS# 11779623 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 108‑acre farm featuring open fields, wooded areas, and 48 acres of loblolly pine.
    • Four broiler houses (two 40' x 500' and two 43' x 510') built around 2000.
    • Large 40' x 80' metal shop, ideal for equipment storage or a home‑based business.
    • Multiple building sites with stunning mountain views for constructing a home.
    • No active poultry contract, offering flexibility.
    • Close proximity to Blue Mountain Lake and Mount Magazine.

    Overview

    This 108-acre farm in Magazine, Arkansas, features a diverse landscape with open fields and wooded areas. Approximately 48 acres were planted with loblolly pine three years ago. The property includes four broiler houses: two measuring 40' x 500' and two measuring 43' x 510', constructed around 2000. There is no active poultry production contract. A large 40' x 80' metal shop is present, along with a litter shed. Multiple building sites offer mountain views. The property is located close to Blue Mountain Lake and Mount Magazine. It is being sold in its current condition. The property is suited for farming, hunting, or building a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Magazine
    County
    Logan
    State
    Arkansas
    Longitude
    -93.757902
    Latitude
    35.117855

    Nearby Similar for Sale

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      Commercial Property with Business Potential

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    • $55,000
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      Commercial Building in Magazine, AR

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    • $740,000
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      108-Acre Arkansas Poultry Farm

      108-acre farm with broiler houses and homestead potential.
      2471 Bethel Road, Magazine, AR 72943
      View Details

    FAQs

    What type of property is this?
    Farm - 108-acre farm with broiler houses and diverse landscape.
    Where is this farm located?
    The property is located at 2471 Bethel Rd. Magazine, AR.
    What is the asking price?
    The asking price for this property is $740,000.
    What are key features of this property?
    This property features: 108‑acre farm featuring open fields, wooded areas, and 48 acres of loblolly pine.; Four broiler houses (two 40' x 500' and two 43' x 510') built around 2000.; **Large 40' x 80' metal shop, ideal for equipment storage or a home‑based business.**
    (479) 480-7000
    We can help!
    Listing Contact
    Joey Deer
    Request Owner's contact information
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    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.

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