Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hardwood Timberland on Crowley's Ridge Title is generated by Realmo AI

    Clay County Rd. 408, Rector, AR 72461

    View on Map
    Claim this Listing
    For Sale
    $3,225,090

    LAND - Rector, AR

    Lot size:
    977.30 Acres
    Added:
    Sep 13, 2024
    Days on Market:
    617
    Last Refresh:
    May 22 at 9:06 am

    Property Features for Clay County Rd. 408

    General Information

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

    Taxes and HOA fees

    Tax Description
    T19N R6E S10
    Tax Annual Amount
    1281

    We can help!

    Listing Contact
    Bernie Crowley

    Listing agent Bernie Crowley

    Listing office Whitetail Properties Real Estate, LLC 3604 Frontage Rd, Suite 6, Little Rock, AR

    Listing date Sep 13, 2024

    MLS# 24033571 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

    • 977.3 acres of mature hardwood timber, last harvested approximately 40 years ago.
    • Explore the extensive trail network perfect for hunting, hiking, and mountain biking.
    • Abundant wildlife, especially known for large whitetail deer.
    • Natural reforestation with diverse understory and browse.
    • High‑quality soil conducive to wildlife forage.
    • Prime white oak trees.

    Overview

    This 977.3-acre property, known as "The Oaks on Crowley's Ridge", features an expanse of hardwoods. The timber was last harvested approximately 40 years ago and has naturally reforested, resulting in diverse growth rather than plantation-style rows. The property boasts abundant understory and browse, particularly white oaks. An expansive trail network provides miles of access for outdoor enthusiasts, including hunters, hikers, and mountain bikers. Main trails are situated on ridges, with lateral trails dipping into valleys to access creeks. The area is known for its abundant wildlife, especially whitetails, supported by the quality of the soil. The property is located in Rector, AR.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Rector
    County
    Clay
    State
    Arkansas
    Longitude
    -90.2193
    Latitude
    36.2679

    Nearby Similar for Sale

    • $199,000
      3,706 SF

      Established Event Venue in Rector

      Turn-key event venue with income potential in Rector, Arkansas.
      105 E 9th Street, Rector, AR 72461
      View Details
    • $60,000
      1,668 SF

      Updated Auto Service Building

      Auto service building with multiple bays and prime visibility.
      12505 HWY 90, Rector, AR 72461
      View Details
    • $60,000

      Prime Acreage Outside Rector, Arkansas

      2.34 acres with utilities, highway visibility, development potential.
      2 AC 13th Street, Rector, AR 72461
      View Details
    • $480,000

      Rector, Arkansas Cattle Farm

      80-acre cattle farm ready for livestock and family.
      194 County Road 417, Rector, AR 72461
      View Details
    • $8,500

      Residential Lot in Rector, Arkansas

      0.30 acre lot suitable for building a new home.
      1008 Fordyce Street lot: S 100'4, Other AR, AR 72461
      View Details
    • $3,950

      Residential Lot in Rector, Arkansas

      0.13 acre lot suitable for building a new home.
      614 S Park Street lot: N75' E 1/2 7, Other AR, AR 72461
      View Details
    • $120,000

      20 Acres of Hunting Land

      20 acres of timberland, suitable for hunting and building.
      County Road 470, Rector, AR 72461
      View Details
    • $60,000

      Prime Land Outside Rector, Arkansas

      2.34 acres with utilities, highway visibility, outside city limits.
      2.34 acres 13th Street, Rector, AR 72461
      View Details
    • $69,900
      4,560 SF

      Main Street Building and Land

      Large building with garage and additional connected storefront.
      418 S MAIN Street, Rector, AR 72461
      View Details
    • $75,000
      1,320 SF

      Remodeled Office Building and Land

      Recently remodeled office building with land, ready for immediate occupancy.
      107 W 4th Street, Rector, AR 72461-0107
      View Details
    • $774,000
      5,200 SF

      Rector AR Custom Home on Acreage

      Custom home on 60 acres with hunting possibilities near Rector.
      9947 AR Hwy 90 Highway, Rector, AR 72461
      View Details
    • $480,000

      Land Available in Rector, Arkansas

      Land for sale in Rector, Arkansas.
      194 County Road 417, Rector, AR 72461
      View Details

    FAQs

    What type of property is this?
    Recreation land - 977.3 acres of timber, trails, and abundant wildlife.
    Where is this recreation land located?
    The property is located at Clay County Rd. 408 Rector, AR.
    What is the asking price?
    The asking price for this property is $3,225,090.
    What are key features of this property?
    This property features: 977.3 acres of mature hardwood timber, last harvested approximately 40 years ago.; Explore the extensive trail network perfect for hunting, hiking, and mountain biking.; Abundant wildlife, especially known for large whitetail deer.
    (870) 338-0407
    We can help!
    Listing Contact
    Bernie Crowley
    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
    Clay County Rd. 408, Rector, AR 72461
    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!