Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Land Near Lake Norfork Title is generated by Realmo AI

    CR 476 lot 7, Clarkridge, AR 72623

    View on Map
    Claim this Listing
    For Sale
    $59,900

    LAND - Clarkridge, AR

    Lot size:
    4.30 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    31
    Last Refresh:
    May 22 at 3:06 am

    Property Features for CR 476 lot 7

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    002-02964-000
    Lot size
    4.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 7 Clarkridge Woods Baxter Co. S-T-R: 23-21-13
    Tax Annual Amount
    137

    We can help!

    Listing Contact
    Kyle Camp

    Listing agent Kyle Camp

    Listing office CENTURY 21 LeMAC EAST 40 PLAZA WAY, SUITE 180, Mountain Home, AR

    Listing date Apr 22, 2026

    MLS# 133972 Listing URL

    Copyright © 2026 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4.3‑acre wooded lot minutes from Lake Norfork
    • Approximately 300 feet of road frontage with easy access
    • Well‑established gravel driveway already in place
    • New survey recently completed
    • Conveniently located just off a blacktop road for year‑round access
    • Abundant wildlife and peaceful, natural setting

    Overview

    This is a 4.3-acre wooded lot featuring approximately 300 feet of road frontage for easy access. A new survey has been completed. A gravel driveway is in place. The property is located just off a blacktop road, providing year-round access. It is situated minutes from a boat launch on Lake Norfork, suitable for fishing, boating, and outdoor recreation. The property is surrounded by abundant wildlife, offering a natural setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Clarkridge
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.341962
    Latitude
    36.479655

    Nearby Similar for Sale

    • $39,900

      Wooded Land in Clarkridge, AR

      10 acres of wooded land with potential country views.
      387 SOMER VIEW DRIVE, Clarkridge, AR 72623
      View Details
    • $69,900

      Wooded Land Near Lake Norfork

      Secluded 4.53 acre tract ready for building near lake.
      CR 476 lot: 6, Clarkridge, AR 72623
      View Details
    • $15,000

      Land in Clarkridge, Arkansas

      Two-acre wooded land tracts available in Clarkridge, Arkansas.
      CR 472 lot: 21, Clarkridge, AR 72623
      View Details
    • $299,900

      40.66 Acres Near Norfork Lake

      Land with flat terrain and rolling hills near Norfork Lake.
      17,19,20,21 PROVIDENCE RIDGE ROAD lot: Tracts 17,19,20,21, Clarkridge, AR 72623
      View Details
    • $49,900

      Ozark Land Near Lake Norfork

      10-acre wooded property near Lake Norfork, ideal for recreation.
      Calhan Circle, Clarkridge, AR 72623
      View Details
    • $12,500

      Land Available in Clarkridge, AR

      Land with boat launching access in Clarkridge, Arkansas.
      ARAPAHO DRIVE lot: 7, Clarkridge, AR 72623
      View Details
    • $14,500

      Clarkridge, AR Land For Sale

      Two acre lot in established subdivision near Norfork Lake.
      002-11058-011 CR 23, Clarkridge, AR 72623
      View Details
    • $21,500

      Land Near Norfork Lake

      Two acre lot near Norfork Lake with road frontage.
      002-11058-005 SHOSHONI TRAIL lot: B, Clarkridge, AR 72623
      View Details
    • $80,900

      Clarkridge Land Near Norfork Lake

      11.79-acre parcel near Norfork Lake with seasonal creek.
      Tract 20 PROVIDENCE RIDGE ROAD, Clarkridge, AR 72623
      View Details
    • $70,900

      Clarkridge Land Near Norfork Lake

      10.36 acre parcel near Norfork Lake in Clarkridge, Arkansas.
      Tract 21 PROVIDENCE RIDGE ROAD, Clarkridge, AR 72623
      View Details
    • $80,900

      Land Near Norfork Lake

      11.39 acre parcel near Norfork Lake, Arkansas.
      Tract 19 PROVIDENCE RIDGE ROAD, Clarkridge, AR 72623
      View Details
    • $49,900

      Ozark Wooded Acreage Near Lake

      10 acres of wooded land near Lake Norfork.
      001-07343-014 CALHAN CIRCLE, Clarkridge, AR 72623
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.3-acre wooded lot near Lake Norfork with road frontage.
    Where is this residential land & home lot located?
    The property is located at CR 476 lot 7 Clarkridge, AR.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: 4.3‑acre wooded lot minutes from Lake Norfork; Approximately 300 feet of road frontage with easy access; Well‑established gravel driveway already in place
    (870) 425-6356
    We can help!
    Listing Contact
    Kyle Camp
    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
    CR 476 lot: 7, Clarkridge, AR 72623
    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!