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Property profile & analytics
OFF-MARKET
Land

71 Acres Monticello, AR 71655

70.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 70.67-acre property near Monticello, Arkansas, presents a unique blend of investment and recreational opportunities. Situated conveniently approximately 5 miles south of Monticello, the land boasts excellent access via gravel road frontage along New Light Road. The property's diverse landscape includes approximately 49.5 acres of a fifteen-year-old pine plantation, thoughtfully thinned to create open lanes ideal for recreational pursuits such as hunting and ATV riding. The remaining acreage consists of bottomland hardwoods, adding to the property's natural beauty and ecological diversity. Utilities are readily accessible near the tract, simplifying potential development or improvements. The land's strategic location offers a balance of seclusion and proximity to the amenities of Monticello. With a price per acre of $4,050, this property represents a compelling investment in Arkansas timberland, offering strong potential for future growth and immediate enjoyment of its recreational features. The combination of mature pine, bottomland hardwoods, and convenient access makes this a truly exceptional offering for those seeking a versatile rural property. The asking price for this remarkable tract is $286,214. This property is located in Drew County, Arkansas, zip code 71655.

Property profile
Verified
Property type Land
Lot 70.67 ac (3,078,385 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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