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Property profile & analytics
OFF-MARKET
Land

0 Highway 425 Monticello, AR 71655

42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 42-acre tract presents a unique investment opportunity in Monticello, Arkansas. Strategically located on Highway 425, this property boasts prime highway frontage, offering excellent visibility and accessibility. Its convenient location is just one mile from the University of Arkansas at Monticello, behind Monticello Elementary School, and directly across from the Patriot Fuel Center, ensuring high traffic and proximity to key community assets. The land is ideal for a variety of uses, including development or investment in a rapidly growing area. Recent timber harvesting has occurred on the property. The asking price is $280,000, translating to $6,667 per acre. This represents a compelling value proposition for those seeking land with significant potential. Mineral rights, if any, owned by the seller will transfer without warranty. This property's strategic location and versatile potential make it an attractive option for investors and developers alike, offering convenient access to local amenities and a strong foundation for future growth. The property's address is Highway 425, Monticello, AR 71655, located in Drew County.

Property profile
Verified
Property type Land
Lot 42 ac (1,829,520 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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