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    71 Acres Monticello, AR 71655

    Sponsored
    For Sale
    $286,214

    70 Acres, Monticello, Prime Hunting

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 70.67-acre property near Monticello, Arkansas, presents a unique blend of investment and recreational opportunities. Situated conveniently approximately 5 miles south of Monticello, the land boasts excellent access via gravel road frontage along New Light Road. The property's diverse landscape includes approximately 49.5 acres of a fifteen-year-old pine plantation, thoughtfully thinned to create open lanes ideal for recreational pursuits such as hunting and ATV riding. The remaining acreage consists of bottomland hardwoods, adding to the property's natural beauty and ecological diversity. Utilities are readily accessible near the tract, simplifying potential development or improvements. The land's strategic location offers a balance of seclusion and proximity to the amenities of Monticello. With a price per acre of $4,050, this property represents a compelling investment in Arkansas timberland, offering strong potential for future growth and immediate enjoyment of its recreational features. The combination of mature pine, bottomland hardwoods, and convenient access makes this a truly exceptional offering for those seeking a versatile rural property. The asking price for this remarkable tract is $286,214. This property is located in Drew County, Arkansas, zip code 71655.

    Property Features for 71 Acres

    General Information

    Property type
    Agricultural land
    Lot Size
    3,078,385 SF

    HighLights

    • $286,214 asking price for 70.67 acres of land.
    • Located 5 miles south of Monticello, AR, with gravel road frontage.
    • Property includes approximately 49.5 acres of 15‑year‑old pine plantation and bottomland hardwoods.
    • Utilities are nearby, offering excellent access.
    • Thinned pine plantation provides open lanes for recreational use.
    • Great investment and recreational opportunity near Monticello.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.7738936
    Latitude
    33.5597472

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    FAQs

    What type of property is this?
    Agricultural land - 70 Acres, Monticello, Prime Hunting
    Where is this agricultural land located?
    The property is located at 71 Acres Monticello, AR.
    What is the asking price?
    The asking price for this property is $286,214.
    What are key features of this property?
    This property features: $286,214 asking price for 70.67 acres of land.; Located 5 miles south of Monticello, AR, with gravel road frontage.; Property includes approximately 49.5 acres of 15-year-old pine plantation and bottomland hardwoods.
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    71 Acres Monticello, AR 71655
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    Realmo Value Estimation

    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

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    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.

    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
    71 Acres Monticello, AR 71655
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