Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9 Acres on Highway 16 Title is generated by Realmo AI

    Edgemont Rd, Greers Ferry, AR 72067

    View on Map
    Claim this Listing
    For Sale
    $342,000

    LAND - Greers Ferry, AR

    Lot size:
    9.00 Acres
    Added:
    Aug 6, 2024
    Days on Market:
    654
    Last Refresh:
    May 21 at 5:06 pm

    Property Features for Edgemont Rd

    General Information

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

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    pt W1/2, SW1/4, SW1/4S16T11R11
    Tax Annual Amount
    6

    Utilities

    Utilities
    Propane
    Water front
    1

    We can help!

    Listing Contact
    Connie Flowers
    Connie Flowers

    Listing agent Connie Flowers

    Listing office Preferred Realty 8731 A Edgemont, Greers Ferry, AR

    Listing date Aug 6, 2024

    MLS# 24028281 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

    • 9 Acres of Land
    • Approximately 900 Feet of Highway 16 Frontage
    • Commercial Usage Potential
    • Located Across from Devils Fork Park and Launching Ramps
    • No Zoning Laws
    • Underbrushed with Small Trees Down

    Overview

    This is a 9-acre parcel of land located on Highway 16. The land has been underbrushed, and small trees have been removed. With approximately 900 feet of highway frontage, this property is situated down from City Hall and across from the Devils Fork Park and launching ramps. The location may be suitable for commercial usage. The property is located in Greers Ferry, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Greers Ferry
    County
    Cleburne
    State
    Arkansas
    Longitude
    -92.1761
    Latitude
    35.5800211

    Nearby Similar for Sale

    • $859,000
      6,984 SF

      Greers Ferry Hospitality Property For Sale

      Turnkey 16-room motel with separate 3BR/2BA home on 2.46 acres.
      8546 Edgemont Rd., Greers Ferry, AR 72067
      View Details
    • $675,000
      39,700 SF

      Greers Ferry Self-Storage Facility

      7.4-acre self-storage facility with expansion potential in Greers Ferry, AR.
      8500 Edgemont Road, Greers Ferry, AR 72067
      View Details
    • $399,500

      Greers Ferry Lake Land

      115+/- acres of rugged beauty near Greers Ferry Lake.
      Old Brewer, Greers Ferry, AR 72044
      View Details
    • $109,900

      Highway Land in Greers Ferry

      3.52 acres of land with commercial and residential potential.
      3.52 Acres Highway 16, Greers Ferry, AR 72067
      View Details
    • $200,000

      Greers Ferry Lakefront Lot

      Lakefront lot with remodeled RV trailer and boat slip.
      441 Cherokee Cir, Greers Ferry, AR 72067
      View Details
    • $139,000

      Greers Ferry Investment Land

      Approximately 28 acres near Highway 92 and Fox Chase.
      5975 Greers Ferry Road, Greers Ferry, AR 72067
      View Details
    • $249,900

      Greers Ferry Waterfront Acreage

      Rare waterfront acreage on Greers Ferry Lake with big water views.
      3195 Brownsville, Greers Ferry, AR 72067
      View Details
    • $275,000

      Greers Ferry Land Opportunity

      4.56 acres in thriving lake town, Greers Ferry, Arkansas.
      4.56 Acres Edgemont Road, Greers Ferry, AR 72067
      View Details
    • $210,000

      Waterfront Land on Greers Ferry

      Waterfront property with potential for recreation, getaway, or development.
      Creekside Drive, Greers Ferry, AR 72067
      View Details
    • $125,000

      Residential Lot in Gated Subdivision

      Residential lot in gated community near Shiloh Marina.
      Shiloh Landing Pointe lot: 9, Greers Ferry, AR 72067
      View Details
    • $130,000

      Greers Ferry Land for Sale

      Lot in gated community near Shiloh Marina.
      Shiloh Landing Pointe lot: 29, Greers Ferry, AR 72067
      View Details
    • $125,000

      Residential Land in Gated Subdivision

      Lot with mature trees near Shiloh Marina.
      Shiloh Landing Pointe lot: 27, Greers Ferry, AR 72067
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9 acres of commercial land on Highway 16.
    Where is this commercial land located?
    The property is located at Edgemont Rd Greers Ferry, AR.
    What is the asking price?
    The asking price for this property is $342,000.
    What are key features of this property?
    This property features: 9 Acres of Land; Approximately 900 Feet of Highway 16 Frontage; Commercial Usage Potential
    (501) 206-5968
    We can help!
    Listing Contact
    Connie Flowers
    Connie Flowers
    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
    Edgemont Rd, Greers Ferry, AR 72067
    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!