Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    12 Acres of Buildable Land Title is generated by Realmo AI

    CR 249, Fouke, AR 71837

    View on Map
    Claim this Listing
    New
    For Sale
    $135,000

    LAND - Fouke, AR

    Lot size:
    12.00 Acres
    Added:
    May 21, 2026
    Days on Market:
    2
    Last Refresh:
    May 22 at 3:06 am

    Property Features for CR 249

    General Information

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

    We can help!

    Listing Contact
    Whitney Henderson

    Listing agent Whitney Henderson License #816849

    Listing office Better Homes & Gardens Real Estate Infinity 4602 McKnight Rd, Texarkana, AR

    Listing date May 21, 2026

    MLS# 200424 Listing URL

    Copyright © 2026 Texarkana 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

    • 12 acres of cleared, buildable land
    • Flexible lot options, divisible into four 3‑acre tracts
    • Excellent soil & access to shallow wells
    • Convenient location near Genoa and Texarkana
    • Potential for dream home, small farm, or investment
    • Open and well‑maintained land

    Overview

    This 12-acre property is located in the countryside of Fouke, Arkansas, near Genoa. The land is cleared and level, suitable for building. It offers potential for a dream home, small farm, or investment project. The property can be divided into four 3-acre tracts or other configurations, making it suitable for families, friends, or developers. The property features good soil and access to shallow wells. It is conveniently located near Genoa and a short drive from Texarkana amenities, offering peaceful country living. Potential uses include building a dream home, establishing a mini-farm, or holding it as a long-term investment. The property is available as a whole 12-acre parcel or as divided lots.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Fouke
    County
    Miller
    State
    Arkansas
    Longitude
    -93.8854268
    Latitude
    33.2648232

    Nearby Similar for Sale

    • $250,000
      3,600 SF

      Turnkey Church on 10 Acres

      3600 sq ft church, ready for various uses.
      4367 MC 10, Fouke, AR 71837
      View Details
    • $165,000

      Fouke Land with Private Pond

      20 acres in Fouke with pond, utilities, and well credit.
      Private Road 1108, Fouke, AR 71837
      View Details
    • $30,000

      Land Near Texarkana with Creek

      3.77-acre parcel with creek near Texarkana, Arkansas.
      Miller County 244, Fouke, AR 71837
      View Details
    • $47,052

      Fouke, AR Buildable Land

      3.921 acres near Texarkana, ideal for building or recreation.
      Private Road 1108 (Lot 27), Fouke, AR 71837
      View Details
    • $72,000

      8 Acres Buildable Land

      8 acres of buildable land near Texarkana city limits.
      Private Road 1108 (Tract 6), Fouke, AR 71837
      View Details
    • $48,504

      Fouke, AR Buildable Land

      4.042 acres of buildable land near Texarkana.
      Private Road 1108 (Lot 25), Fouke, AR 71837
      View Details
    • $50,000

      Fouke, AR Buildable Land

      5.008 acres near Texarkana, ideal for building or recreation.
      Private Road 1108 (Lot 24), Fouke, AR 71837
      View Details
    • $47,050

      Fouke, AR Buildable Land

      3.921 acres near Texarkana, ideal for home or recreation.
      Private Road 1108 (Lot 19), Fouke, AR 71837
      View Details
    • $53,020

      Fouke, AR Buildable Land

      5.302 acres near Texarkana, ideal for building or recreation.
      Private Road 1108 (Lot 23), Fouke, AR 71837
      View Details
    • $39,744

      Fouke, AR Buildable Land

      3.312 acres of buildable land near Texarkana.
      Private Road 1108 (Lot 26), Fouke, AR 71837
      View Details
    • $146,160

      Fouke, AR Buildable Land

      14.616 acres near Texarkana, ideal for home or recreation.
      Private Road 1108 (Lot 28), Fouke, AR 71837
      View Details
    • $52,970

      Fouke, AR Buildable Land

      5.297 acres near Texarkana, ideal for building or recreation.
      Private Road 1108 (Lot 22), Fouke, AR 71837
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Cleared, level 12-acre property in Fouke, Arkansas, ready to build.
    Where is this agricultural land / farmland located?
    The property is located at CR 249 Fouke, AR.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 12 acres of cleared, buildable land; Flexible lot options, divisible into four 3‑acre tracts; Excellent soil & access to shallow wells
    (870) 925-3512
    We can help!
    Listing Contact
    Whitney Henderson
    Real Estate License ID: 816849
    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 249, Fouke, AR 71837
    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!