Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    9 Acre Development Opportunity Title is generated by Realmo AI

    19339 Shankle Road, Gentry, AR 72734

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $475,000

    9 acre property with potential for development or hobby farm.

    Type:Farm
    Property size:
    1,897 SF
    Lot size:
    9.00 Acres
    Price / SF:
    $250/SF
    Added:
    Oct 23, 2025
    Days on Market:
    211
    Last Refresh:
    Apr 1 at 9:08 pm

    Property Features for 19339 Shankle Road

    General Information

    Standard status
    Active
    Size
    1,897 SF
    Lot size
    9.00 Acres
    Property subtype
    Farm

    We can help!

    Listing Contact
    Kaci Johnson
    Kaci Johnson

    Listing agent Kaci Johnson License #EB00059061

    Listing office Realty Mart

    Listing date Oct 23, 2025

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Realty Mart

    HighLights

    • Development Potential: 9‑acre property in a desirable location suitable for development.
    • Property includes access to natural gas.
    • Water Source: Well located on the property.
    • Existing Structures: Includes old home (livable, needs TLC) and a shop.
    • Existing poultry houses can be repurposed for storage or a new business.
    • Utilities: Central air, other A/C, and ceiling fans are present.

    Overview

    This 9-acre property presents an opportunity for various ventures, including demolition of existing structures, equipment resale, property development, or utilization of the poultry houses for storage. Natural gas and a water well are located on the premises. The property includes an older home with a shop that requires some improvements. Its location may be of interest to developers or those looking to create a hobby farm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Electrical Service Daycare Center Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gentry
    County
    Benton
    State
    Arkansas
    Longitude
    -94.4636
    Latitude
    36.2693

    Nearby Similar for Sale

    • $593,400
      1,622 SF

      Remodeled Commercial Property on 4 Acres

      Historic commercial property with modern improvements, ideal for various ventures.
      2753 Highway 12, Gentry, AR 72734
      View Details
    • $485,000
      3,600 SF

      Updated Commercial Property in Gentry

      Remodeled commercial property in downtown Gentry with high visibility.
      201 E Main Street, Gentry, AR 72734
      View Details
    • $259,900
      1,955 SF

      Victorian Office in Downtown Gentry

      Residential Office-zoned commercial space with modern updates in downtown Gentry.
      120 S Collins Avenue, Gentry, AR 72734
      View Details
    • $175,000

      Gentry Land Parcel Near Airport

      1.74-acre corner parcel near XNA Airport, ready for development.
      TBD (Lot 6) Reams Road lot: 6, Gentry, AR 72734
      View Details
    • $200,000

      Corner Lot Near XNA Airport

      1.74-acre corner parcel ready for development near XNA Airport.
      TBD (Lot 7) Reams Road lot: 7, Gentry, AR 72734
      View Details
    • $575,900
      4,124 SF

      Gentry Duplex: Investment Opportunity

      Well-maintained duplex in Gentry with immediate income potential.
      505 N Collins Avenue, Gentry, AR 72734
      View Details
    • $300,000

      Land with Pond in Gentry

      3.8-acre property with pond, ideal for custom development.
      Bryant Road lot: 0, Gentry, AR 72734
      View Details
    • $399,900

      Gentry Land with Open Pasture

      19.9 acres of unrestricted land ready for your dream home.
      22338 Floyd Moore Road, Gentry, AR 72734
      View Details
    • $175,000

      Gentry Land Near XNA Airport

      1.74-acre lot ready for building near XNA Airport.
      TBD (Lot 5) Reams Road lot: 5, Gentry, AR 72734
      View Details
    • $6,350,000

      Equestrian Arena on 25 Acres

      Turnkey equestrian facility with arena and pastureland near XNA.
      . NE Douglas Cemetery Rd, Highfill, AR 72734
      View Details
    • $175,000

      Gentry Land Near XNA Airport

      1.74-acre corner parcel ready for development near XNA Airport.
      TBD (Lot 4) Reams Road lot: 4, Gentry, AR 72734
      View Details
    • $175,000

      Gentry, AR 1.67-Acre Land Parcel

      1.67-acre corner parcel near XNA Airport, ready for development.
      TBD (Lot 3) Reams Road lot: 3, Gentry, AR 72734
      View Details

    FAQs

    What type of property is this?
    Farm - 9 acre property with potential for development or hobby farm.
    Where is this farm located?
    The property is located at 19339 Shankle Road Gentry, AR.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Development Potential: 9‑acre property in a desirable location suitable for development.; Property includes access to natural gas.; Water Source: Well located on the property.
    (479) 903-3002
    We can help!
    Listing Contact
    Kaci Johnson
    Kaci Johnson
    Real Estate License ID: EB00059061
    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
    19339 Shankle Road, Gentry, AR 72734
    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!