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    Merge Brown Crk Monticello, AR 71655

    Sponsored
    For Sale
    $245,056

    148 Acres, Mature Hardwoods, Creek Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 148.07-acre hunting and recreational property presents a unique investment opportunity in Drew County, Arkansas. Located approximately 10 miles south of Monticello, near Ladelle, and easily accessible via Sloan Road, this land boasts excellent gated access and a network of internal roads. The property features mature hardwood timber, providing a substantial investment potential. Beyond the timber, the land offers prime hunting habitat for turkey and whitetail deer, enhancing its recreational value. A significant asset is Brown Creek, which flows through the property, adding to its natural beauty and providing a consistent water source. The asking price is $245,056, translating to $1,655 per acre, reflecting the land's high quality and diverse features. The property's location in Drew County, Arkansas, offers a blend of rural tranquility and convenient access to Monticello. This is an ideal property for those seeking a combination of investment potential and exceptional recreational opportunities. The zip code is 71655. The property is situated at the Brown Creek Merge.

    Property Features for Merge Brown Crk

    General Information

    Property type
    Land
    Lot Size
    6,449,929 SF

    HighLights

    • $245,056 asking price for 148.07 acres of hunting/recreational land.
    • Located in Drew County, Arkansas, near Monticello.
    • Priced at $1,655 per acre.
    • Features mature hardwoods, excellent deer and turkey hunting, and creek frontage.
    • Includes internal roads and gated access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.7538817
    Latitude
    33.6946684

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    FAQs

    What type of property is this?
    Land - 148 Acres, Mature Hardwoods, Creek Frontage
    Where is this land located?
    The property is located at Merge Brown Crk Monticello, AR.
    What is the asking price?
    The asking price for this property is $245,056.
    What are key features of this property?
    This property features: $245,056 asking price for 148.07 acres of hunting/recreational land.; Located in Drew County, Arkansas, near Monticello.; Priced at $1,655 per acre.
    Request Owner's contact information
    Merge Brown Crk 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
    Merge Brown Crk Monticello, AR 71655
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