Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Castlepines Sub Title is generated by Realmo AI

    Castlepines Drive lot 20, Greenbrier, AR 72058

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Castlepines Drive lot 20, Greenbrier, AR
    For Sale
    $37,000

    LAND - Greenbrier, AR

    Lot size:
    1.53 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    94
    Last Refresh:
    May 22 at 6:06 am

    Property Features for Castlepines Drive lot 20

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.53 Acres

    Taxes and HOA fees

    Tax Description
    Lot 20 Castlepines Sub.
    Tax Annual Amount
    127

    We can help!

    Listing Contact
    Sue Leavell

    Listing agent Sue Leavell License #SA00049987

    Listing office LPT Realty Conway 2450 N Donaghey, Little Rock, AR

    Listing date Feb 17, 2026

    MLS# 26006159 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.53 acre lot
    • Located in Castlepines Subdivision
    • Easy access to Hwy 65 & Hwy 25
    • Great location to build a dream home
    • Minimum build size of 2500 sq ft
    • Enjoy the rolling hills within the subdivision

    Overview

    This 1.53-acre lot is located in Castlepines Subdivision, offering convenient access to both Highway 65 and Highway 25. The property is suitable for residential construction, with a minimum building size of 2,500 square feet. The subdivision's plat, covenants, and restrictions are available online.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Greenbrier
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.460242
    Latitude
    35.26534

    Nearby Similar for Sale

    • $315,000
      1,172 SF

      Commercial Land with Highway Frontage

      Commercial property with highway frontage, residential potential, and existing structure.
      653 N Hwy 65, Greenbrier, AR 72028
      View Details
    • $325,000
      2,400 SF

      Greenbrier Shop on Large Lot

      New 2,400 SF shop on 0.75-acre lot for sale.
      218 Highway 225, Greenbrier, AR 72058
      View Details
    • $275,000
      1,616 SF

      Commercial Property Ready For Business

      Commercial property in Greenbrier, AR, ready for immediate business use.
      4 Lake St., Greenbrier, AR 72058
      View Details
    • $985,000

      Prime Commercial Land in Greenbrier

      3.96 acres with high visibility on Broadview Street.
      S Broadview Street, Greenbrier, AR 72058
      View Details
    • $850,000

      Highway Frontage Land Opportunity

      Prime land with highway frontage, ideal for development or investment.
      N Highway 25, Greenbrier, AR 72061
      View Details
    • $289,000

      Prime Commercial Acreage in Greenbrier

      High-visibility commercial land for sale in Greenbrier, Arkansas.
      50 N Broadview Street, Greenbrier, AR 72058
      View Details
    • $1,200,000

      Greenbrier Land with Development Potential

      120-acre property in Greenbrier School District with development potential.
      Burkett Flat Road, Greenbrier, AR 72058
      View Details
    • $175,000

      Land Opportunity in Greenbrier, AR

      9.92 acres of land with development potential in Greenbrier.
      Highway 287, Greenbrier, AR 72058
      View Details
    • $600,000

      60 Acres Near Cadron Creek

      Secluded 60-acre tract with timber and creek access.
      Union Road, Greenbrier, AR 72058
      View Details
    • $399,000
      2,200 SF

      Greenbrier Duplex For Sale

      Duplex in Greenbrier with 3 bedrooms and 2 bathrooms.
      19 Horseshoe, Greenbrier, AR 72058
      View Details
    • $149,900
      1,488 SF

      Greenbrier Office Building and Land

      Office building on a high-traffic highway with great visibility.
      28 N Broadview, Greenbrier, AR 72058
      View Details
    • $599,900

      Land with Pond in Greenbrier

      43 acres of land featuring a beautiful pond.
      Orchard Road, Greenbrier, AR 72058
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.53 acre lot, ideal for building a dream home.
    Where is this residential land & home lot located?
    The property is located at Castlepines Drive lot 20 Greenbrier, AR.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: 1.53 acre lot; Located in Castlepines Subdivision; Easy access to Hwy 65 & Hwy 25
    (501) 733-0877
    We can help!
    Listing Contact
    Sue Leavell
    Real Estate License ID: SA00049987
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Castlepines Drive lot: 20, Greenbrier, AR 72058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!