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    Off Penny Ln Waldron, AR 72958

    • Land
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Off Penny Ln

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre property, located off Penny Lane in Waldron, Arkansas, presents a unique opportunity for outdoor enthusiasts and investors alike. Situated near the Ouachita National Forest, this land offers unparalleled access to hunting opportunities, including white-tail deer, turkey, wild hogs, and bear. The property boasts a serene and private setting, bordering the national forest on two sides, providing ample seclusion. A pond is located on the property, adding to its natural beauty and recreational potential. Electricity is readily available, making it ideal for building a home or hunting cabin. The quiet community of Waldron offers a peaceful lifestyle, while nearby Mena provides additional amenities and services. Employment opportunities exist locally at Tyson Foods, Mercy Hospital, and the school district. This rare and highly sought-after property is perfect for those seeking a tranquil escape or a prime hunting location in the heart of Arkansas's natural beauty. The asking price is $90,000. The property's zip code is 72958, and it's located in Scott County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waldron
    County
    Scott
    State
    Arkansas
    Longitude
    -93.991
    Latitude
    34.8653

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    Off Penny Ln
    Waldron, AR 72958
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    Realmo Value Estimation

    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.

    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.

    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
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