Two Hundred Twenty-Acre Ranch Retreat with
For Sale
$5,900,000
8524 Youth Ranch Road, Mulberry, AR 72947
MULTI_FAMILY - Mulberry, AR
Property Size48,582 SF
Lot Size220.00 Acres
Price / SF$121.44
Days on Market62
Property Features for 8524 Youth Ranch Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
36
Bathrooms
51
Full bathrooms
51
Rooms
Bathroom 51, Bathroom 31, Bathroom 39, Bathroom 20, Bathroom 11, Bathroom 29, Bathroom 34, Bathroom 49, Bathroom 15, Bathroom 44, Bathroom 19, Bedroom 9, Bedroom 15, Bedroom 35, Bathroom 50, Bathroom 21, Bathroom 14, Bathroom 23, Bathroom 24, Bedroom 18, Bathroom 33, Bathroom 1, Bedroom 27, Bathroom 4, Bedroom 10, Bedroom 26, Bathroom 26, Bathroom 43, Bedroom 3, Bathroom 28, Bathroom 32, Bathroom 45, Bedroom 14, Bathroom 13, Bedroom 16, Bedroom 29, Bedroom 13, Bedroom 31, Bathroom 48, Bathroom 5, Bathroom 9, Bathroom 35, Bedroom 23, Bathroom 42, Bathroom 3, Bathroom 17, Bathroom 36, Bathroom 25, Bedroom 25, Bedroom 4, Bathroom 16, Bedroom 32, Bedroom 17, Bedroom 8, Bathroom 6, Bedroom 34, Bedroom 7, Bathroom 38, Bedroom 28, Bedroom 6, Bathroom 8, Bedroom 20, Bathroom 12, Bedroom 33, Bathroom 7, Bathroom 37, Bedroom 1, Bedroom 2, Bathroom 30, Bedroom 22, Bathroom 47, Bedroom 5, Bedroom 30, Bathroom 18, Bedroom 11, Bedroom 36, Bedroom 12, Bedroom 24, Bathroom 10, Bedroom 19, Bathroom 40, Bathroom 22, Bathroom 46, Bathroom 41, Bathroom 27, Bedroom 21, Bathroom 2
Security features
Security
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
Dishwasher, GasCooktop, GasOven, GasRange, IceMaker, MicrowaveHoodFan, Microwave, PropaneWaterHeater, Refrigerator, RangeHood, SelfCleaningOven
Lot features
Cleared, Level, Not In Subdivision, Outside City Limits, Resort Property, Rural Lot, Wooded
Elementary school district
Alma
Middle school district
Alma
High school district
Alma
Directions
From I-49, take exit 24 in Rudy, AR. Turn East onto Hwy 282. Turn North onto Hwy 71. Turn East onto W. Graphic Rd. Turn West onto Old Graphic Rd. Turn South onto Youth Ranch Rd at the Lost Trails Ranch gate.
Standard status
Active
APN
001-05985-000
Size
48,582 SF
Lot size
220.00 Acres
Taxes and HOA fees
Tax Annual Amount
45000
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Central, Propane (Heating)
Cooling system
Heat Pump, Central Air, Electric
Water source
Public
Water front features
Pond
Building Details
Year built
2004
Floors in Building
1
Flooring type
Carpet, Concrete, Laminate, Vinyl
Building materials
Cedar, Frame, Masonite, Rock
Roof type
Metal
Additional Structures
Barn(s)
Listing Agency:
The Griffin Company Commercial Division-Springdale · Weichert
(479) 756-1003
Listed By:
David Stobaugh · License #AB49118-D01
(479) 970-4663
Added: Jun 11
Changed: Aug 2
Last Checked: Aug 11 at 7:06PM
MLS# 1351513
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.
Investment Insights
Based on property information with market context.
Lost Trails Ranch is a 220-acre ranch retreat in the Ozarks featuring four fully equipped lodges, each accommodating 20+ guests. The property is set up for retreats, camps, events, or income-producing stays and includes a spring-fed lake, creeks, a waterfall, and miles of private trails for hiking, biking, and horseback riding.
Event amenities include an administrative building with a gym and stage, a fully operational rodeo arena, concession stand, restrooms, and grandstands seating up to 1,000 guests. Equestrian facilities include a stable with 10 private stalls, a covered exercise ring, and a wash bay. Outdoor gathering areas, fire pits, dining spaces, open meadows, and pine forests round out the experience.
The property includes a concrete driveway, a metal roof, and on-site utilities including propane. Water is provided by public supply, with a septic tank for sewer. The ranch’s construction materials include cedar, frame, masonite, and rock, and it was built in 2004.
Event amenities include an administrative building with a gym and stage, a fully operational rodeo arena, concession stand, restrooms, and grandstands seating up to 1,000 guests. Equestrian facilities include a stable with 10 private stalls, a covered exercise ring, and a wash bay. Outdoor gathering areas, fire pits, dining spaces, open meadows, and pine forests round out the experience.
The property includes a concrete driveway, a metal roof, and on-site utilities including propane. Water is provided by public supply, with a septic tank for sewer. The ranch’s construction materials include cedar, frame, masonite, and rock, and it was built in 2004.
Key Highlights
- 220‑acre ranch retreat with spring‑fed lake, creeks, waterfall, and private trail access
- Four fully equipped lodges, each accommodating 20+ guests
- Rodeo arena with grandstands seating up to 1,000 guests
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$304,609
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,092,180
$6.1M
Cap Rate 7%
$4,351,557
$4.4M
Cap Rate 9%
$3,384,544
$3.4M
Market Conditions
NOI Build-Up for 48,582 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$728.7K $15.00/SF
− Vacancy
−$87.4K −$1.80/SF
EGI
$641.3K $13.20/SF
− OpEx
−$336.7K −$6.93/SF
NOI
$304.6K $6.27/SF
Area
Crawford County, AR
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,092,180
Cap Rate 7%
$4,351,557
Cap Rate 9%
$3,384,544
Alternative Uses
Best Use
Hotel Hospitality
$4.35M
$3.81M – $5.08M
NOI $304,609 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.31M
$8.15M – $10.87M
NOI $652,009 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 72947, AR
3,973
Population
1,870
Households
2.1
Avg Household Size
45
Median Age
15%
College-Educated
83%
High-School Grad
114.1 sq mi
ZIP Area
35
Density / Sq Mi
$55,091
Median Household Income
$36,257
Median Earnings
$667
Median Rent
$151,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - Four fully equipped lodges, a spring-fed lake, and equestrian facilities on an Ozark ranch retreat near Mulberry.
Where is this ranch located?
The property is located at 8524 Youth Ranch Road Mulberry, AR.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 220‑acre ranch retreat with spring‑fed lake, creeks, waterfall, and private trail access; Four fully equipped lodges, each accommodating 20+ guests; Rodeo arena with grandstands seating up to 1,000 guests
