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    OFF-MARKET
    Land

    0 Thomas Rd, Booneville, AR 72927

    87.66 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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