Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Homesite Near Buffalo River Title is generated by Realmo AI

    Hwy 333 Lime Drive, Saint Joe, AR 72675

    View on Map
    Claim this Listing
    For Sale
    $145,000

    LAND - Saint Joe, AR

    Lot size:
    3.74 Acres
    Added:
    Jul 23, 2024
    Days on Market:
    669
    Last Refresh:
    May 22 at 4:06 am

    Property Features for Hwy 333 Lime Drive

    General Information

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

    Taxes and HOA fees

    Tax Description
    PT of S-T-R 26-16-17
    Tax Annual Amount
    100

    We can help!

    Listing Contact
    David Wallis

    Listing agent David Wallis

    Listing office Arkansas Land Company 2024 N Main, North Little Rock, AR

    Listing date Jul 23, 2024

    MLS# 24026186 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

    • Prime location near the Buffalo National River, ideal for year‑round floating and river activities.
    • Close proximity to Tyler Bend Visitor Center, Grinder's Ferry, and Gilbert access points.
    • Part of a secluded ridge enclave with covenants and restrictions to preserve the native forest and ensure high‑quality design.
    • Water and electric service will be provided.
    • Access to a custom home builder, with the option to replicate existing upscale homes.
    • Property owners association maintains the road and common areas.

    Overview

    This secluded 3.74-acre homesite is located near the Buffalo National River, north of US 65 bridge and across from the Tyler Bend Visitor Center. Situated in the center of the Middle River, it is conveniently located halfway between Grinder's Ferry and Gilbert access points. Shine Eye Bluff swimming hole is 2.9 miles away. Ferguson's Restaurant is within walking distance, with two other restaurants nearby. St. Joe, located 4 miles away, offers a Dollar Store and other services, while Marshall, a 12-mile drive, provides access to a supermarket. The lot is one of eight building sites on a secluded ridge, accessed via a private drive off the paved road to Gilbert. The enclave is bordered by Sky Hawk Ridge, a 160-acre refuge with four upscale vacation rentals. Covenants and restrictions are in place to preserve the native forest and ensure high-quality design. A property owners association maintains the road and common areas. Water and electric service will be provided. A custom home builder is available to replicate an existing home design or create a custom home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Furniture & Home Goods Restaurant Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joe
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.752621
    Latitude
    36.000224

    Nearby Similar for Sale

    • $282,800
      3,113 SF

      Saint Joe Motel and Home

      House and 5-unit motel near Buffalo National River.
      325 N HWY 65, Saint Joe, AR 72675
      View Details
    • $350,000
      3,240 SF

      Saint Joe Multifamily Investment

      Multifamily property with high visibility and development potential.
      14060 N 65 Highway, Saint Joe, AR 72675
      View Details
    • $232,900
      3,113 SF

      Saint Joe Multifamily Investment

      House and 5-unit motel with income potential in Arkansas.
      325 N Highway 65, Saint Joe, AR 72675
      View Details
    • $232,900
      3,113 SF

      Saint Joe Motel and Home

      Home and income property near Buffalo National River.
      325 N Hwy 65, Saint Joe, AR 72675
      View Details
    • $408,000

      Ozark Mountain Land with Views

      102± acre land with panoramic views and development potential.
      002 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $1,250,000
      4,547 SF

      Turn-Key Investment Opportunity in Saint Joe

      Mixed-use property with restaurant, store, cabins, and residence.
      12633 HWY 65, Saint Joe, AR 72675
      View Details
    • $223,250

      47 Acres Near Buffalo River

      47± acre property near Buffalo National River.
      014 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $110,500

      26 Acres Near Buffalo River

      26± acre wooded tract near Buffalo National River.
      006 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $180,000

      40 Acres Near Buffalo River

      Secluded land near Buffalo River, ideal for hunting or development.
      004 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $91,000

      Saint Joe Vacant Land

      28± acres near Buffalo National River, ideal for recreation.
      009 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details
    • $70,000

      Acreage Near Buffalo National River

      Five acres with highway frontage near Gilbert, Arkansas.
      967 E Hwy 333, Saint Joe, AR 72675
      View Details
    • $108,000

      Saint Joe Vacant Land

      18+/- acre tract near Buffalo National River.
      012 Tomahawk Slab Road, Saint Joe, AR 72675
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Secluded homesite near the Buffalo National River.
    Where is this residential land & home lot located?
    The property is located at Hwy 333 Lime Drive Saint Joe, AR.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Prime location near the Buffalo National River, ideal for year‑round floating and river activities.; Close proximity to Tyler Bend Visitor Center, Grinder's Ferry, and Gilbert access points.; Part of a secluded ridge enclave with covenants and restrictions to preserve the native forest and ensure high‑quality design.
    (870) 448-7280
    We can help!
    Listing Contact
    David Wallis
    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
    Hwy 333 Lime Drive, Saint Joe, AR 72675
    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!