Technical
Financial
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Property profile

0 Old Washington Washington, AR 71862

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

Old Washington Washington, AR 71862
Washington metro
Google Maps

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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