Lots Gilmer Brg, Murfreesboro, AR 71958
This exceptional 36.42-acre commercial land offering in Pike County, Arkansas, presents a unique investment opportunity. Nine individual lots are available, each boasting Little Missouri River frontage on the north and private road access on the south. Power lines are currently being installed along the private road, providing convenient utility access. The property's prime location offers unparalleled recreational opportunities, including excellent fishing and kayaking on the Little Missouri River, known for its trout releases during cooler months. Outdoor enthusiasts will appreciate the proximity to Lake Greeson (15 miles), featuring the Swaha Marina, and the renowned Crater of Diamonds State Park (6 miles). Abundant hunting opportunities for deer, turkey, and other small game are also available in the surrounding area. Strategically located just 7 miles from Murfreesboro, 41 miles from Arkadelphia, and 65 miles from Texarkana, this property offers both recreational appeal and convenient access to regional amenities. The asking price is $675,000, translating to $18,534 per acre. Detailed surveys and other relevant documents are available upon request. This is an ideal investment for developers seeking to capitalize on the area's natural beauty and recreational draw, or for individuals seeking a unique recreational property. Don't miss this chance to own a piece of Arkansas's stunning landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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