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    Hector Arkansas Custom Home on Acres Title is generated by Realmo AI

    4 Cannaday Flat Rd, Hector, AR 72843

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    Custom-built home on 15+/- acres in Hector, Arkansas.

    Type:Land
    Property size:
    3,485 SF
    Lot size:
    15.00 Acres
    Price / SF:
    $371/SF
    Added:
    Feb 23, 2026
    Days on Market:
    87
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 4 Cannaday Flat Rd

    General Information

    Standard status
    Active
    Size
    3,485 SF
    Lot size
    15.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Mindy Lawrence
    Mindy Lawrence

    Listing agent Mindy Lawrence License #MO 2020021386

    Listing office United Country-Cozort Realty, Inc.

    Listing date Feb 23, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of United Country-Cozort Realty, Inc.

    HighLights

    • Custom‑built home (3,485 sq ft, built in 2020) on 15+\/- acres, offering modern country living.
    • Features a mother‑in‑law suite, providing privacy and versatility.
    • High‑end finishes including granite countertops in the kitchen and quartz countertops in all bathrooms with walk‑in showers.
    • Includes a heated and cooled 2‑car garage and wheelchair accessibility throughout the home.
    • Property features include a covered porch, level yard, cattle‑tight fencing, and a pond.
    • Flexible purchase options for acreage: 15, 20, 40, 76, or all 96 acres.

    Overview

    This custom-built home, constructed in 2020, is situated on 15 +/- acres in Hector, Arkansas. The 3,485 square foot home features an open-concept living area with a custom entertainment center that complements the kitchen's cabinetry. The kitchen includes granite countertops, a walk-in pantry, and custom cabinets. The home offers 4 bedrooms and 3 bathrooms, each with quartz countertops and walk-in showers. The master suite features a walk-in closet and a spa-like bath. A separate mother-in-law suite provides privacy. An entertainment room provides space for recreation. The entire home is wheelchair accessible. A heated and cooled 2-car garage provides additional comfort. The property includes a covered porch, level yard, cattle-tight fencing, and a pond at the front. The landscaping is well-kept. High-speed fiber internet is available. Purchase options include 15, 20, 40, 76, or all 96 acres, featuring open fields, woods, and a second pond. The property is located close to the Ozark National Forest, Petit Jean State Park, and the Illinois Bayou. Shopping, dining, and community events are accessible in nearby Russellville.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Hector
    County
    Pope
    State
    Arkansas
    Longitude
    -92.969765
    Latitude
    35.43728

    Nearby Similar for Sale

    • $88,000

      16 Acres of Wooded Land

      16-acre wooded parcel ideal for homestead or recreational getaway.
      St. Joe, Hector, AR 72823
      View Details
    • $202,488

      Recreational Land Near Illinois Bayou

      34-acre recreational lot with frontage on Illinois Bayou.
      Illinois Bayou, Hector, AR 72843
      View Details

    FAQs

    What type of property is this?
    Ranch - Custom-built home on 15+/- acres in Hector, Arkansas.
    Where is this ranch located?
    The property is located at 4 Cannaday Flat Rd Hector, AR.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Custom‑built home (3,485 sq ft, built in 2020) on 15+\/- acres, offering modern country living.; Features a mother‑in‑law suite, providing privacy and versatility.; High‑end finishes including granite countertops in the kitchen and quartz countertops in all bathrooms with walk‑in showers.
    (417) 712-1858 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mindy Lawrence
    Mindy Lawrence
    Real Estate License ID: MO 2020021386
    Learn More
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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.

    More about this property
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    4 Cannaday Flat Rd, Hector, AR 72843
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