Property profile

0 Thomas Rd Booneville, AR 72927

OFF-MARKET
Land
87.66 ac lot
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Property summary

AI-generated overview

This 87.66-acre tract of land presents a unique opportunity for recreational use and timber investment in Logan County, Arkansas. Located just south of Magazine, this property boasts abundant wildlife, including deer and turkey. Its proximity to the Blue Mountain Wildlife Management Area (WMA) provides access to even more hunting and recreational opportunities. The land features a well-maintained internal road system, ensuring easy navigation throughout the property. The western boundary is Thomas Road, where power lines are accessible. The property is conveniently located 6 miles from Booneville, 42 miles from Clarksville, and 43 miles from Fort Smith. The asking price is $246,450, translating to $2,811 per acre. Note that the seller retains timber harvesting rights for two years post-closing. This property offers a compelling combination of recreational enjoyment and potential timber revenue. The property's address is Thomas Rd, Booneville, AR 72927.

Property profile

Verified
Property type Land
Lot 87.66 ac (3,818,470 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Thomas Rd Booneville, AR 72927
Booneville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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