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    Lots Gilmer Brg Murfreesboro, AR 71958

    Sponsored
    For Sale
    $675,000

    9 Riverfront Lots, Recreational Paradise

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 36.42-acre commercial land offering in Pike County, Arkansas, presents a unique investment opportunity. Nine individual lots are available, each boasting Little Missouri River frontage on the north and private road access on the south. Power lines are currently being installed along the private road, providing convenient utility access. The property's prime location offers unparalleled recreational opportunities, including excellent fishing and kayaking on the Little Missouri River, known for its trout releases during cooler months. Outdoor enthusiasts will appreciate the proximity to Lake Greeson (15 miles), featuring the Swaha Marina, and the renowned Crater of Diamonds State Park (6 miles). Abundant hunting opportunities for deer, turkey, and other small game are also available in the surrounding area. Strategically located just 7 miles from Murfreesboro, 41 miles from Arkadelphia, and 65 miles from Texarkana, this property offers both recreational appeal and convenient access to regional amenities. The asking price is $675,000, translating to $18,534 per acre. Detailed surveys and other relevant documents are available upon request. This is an ideal investment for developers seeking to capitalize on the area's natural beauty and recreational draw, or for individuals seeking a unique recreational property. Don't miss this chance to own a piece of Arkansas's stunning landscape.

    Property Features for Lots Gilmer Brg

    General Information

    Property type
    Land
    Lot Size
    1,586,455 SF

    HighLights

    • 36.42‑acre commercial land parcel in Pike County, Arkansas, priced at $675,000 ($18,534/acre).
    • Nine individual lots available, each with Little Missouri River frontage and private road access.
    • Power lines are being installed along the private road.
    • Excellent recreational opportunities including fishing, kayaking, and proximity to Lake Greeson and Crater of Diamonds State Park.
    • Abundant hunting opportunities in the area.
    • Convenient access to Murfreesboro (7 miles), Arkadelphia (41 miles), and Texarkana (65 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murfreesboro
    County
    Pike
    State
    Arkansas
    Longitude
    -93.615859
    Latitude
    33.99262

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    FAQs

    What type of property is this?
    Land - 9 Riverfront Lots, Recreational Paradise
    Where is this land located?
    The property is located at Lots Gilmer Brg Murfreesboro, AR.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 36.42-acre commercial land parcel in Pike County, Arkansas, priced at $675,000 ($18,534/acre).; Nine individual lots available, each with Little Missouri River frontage and private road access.; Power lines are being installed along the private road.
    Request Owner's contact information
    Lots Gilmer Brg Murfreesboro, AR 71958
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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.

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    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
    Lots Gilmer Brg Murfreesboro, AR 71958
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