0 Old Washington, Washington, AR 71862
Exceptional 10-acre commercial and recreational land parcel in Hempstead County, Arkansas, is now available for $44,450. This property boasts a strategic location near the historic town of Old Washington, offering convenient access to outdoor recreation areas such as the Ozan Wildlife Management Area (WMA), Rick Evans WMA, and Millwood Lake. The land is situated on Highway 278 with additional frontage on County Road 307, ensuring easy accessibility. Utilities are available, making this property ideal for a variety of uses, including potential home or cabin sites, commercial ventures, or hunting and recreational pursuits. The asking price is $44,450, translating to a price per acre of $4,445. It's important to note that the seller retains mineral rights. This versatile property presents a unique opportunity for investors seeking a blend of commercial and recreational potential in a desirable Arkansas location. The property's location in Washington, AR, zip code 71862, offers a tranquil setting while remaining conveniently close to local amenities and attractions. This 10-acre tract presents a compelling investment opportunity with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.