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    Hlp 49 Monticello, AR 71657

    Sponsored
    For Sale
    $110,250

    49 Acres Hunting & Timberland in Monticello, AR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 49.13-acre property in Drew County, Arkansas, presents a compelling investment opportunity in timberland and recreational land. Located conveniently accessible via S Allis Road, the tract boasts a diverse composition of planted pine trees and naturally regenerated growth, offering a blend of established and developing timber resources. The land's significant acreage provides ample space for various uses, including hunting and recreational activities. The area is renowned for its abundant wildlife, making this property particularly attractive to hunters seeking a productive hunting ground. Priced at $110,250, or $2,250 per acre, this represents a strong value proposition for investors seeking a diversified portfolio addition. The property's location in Monticello, Arkansas, offers a blend of rural tranquility and convenient access to local amenities. Detailed surveys and timber appraisals are available upon request. This is a rare opportunity to acquire a well-situated, versatile tract of land with significant potential for future growth and income generation. The property's combination of timber resources and recreational appeal makes it an ideal investment for those seeking both financial return and outdoor enjoyment. Don't miss this chance to own a piece of Arkansas's rich natural landscape.

    Property Features for 0 Hlp 49

    General Information

    Property type
    Agricultural land
    Lot Size
    2,140,103 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.79
    Latitude
    33.58

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    FAQs

    What type of property is this?
    Agricultural land - 49 Acres Hunting & Timberland in Monticello, AR
    Where is this agricultural land located?
    The property is located at Hlp 49 Monticello, AR.
    What is the asking price?
    The asking price for this property is $110,250.
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    Hlp 49 Monticello, AR 71657
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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

    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.

    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
    Hlp 49 Monticello, AR 71657
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