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    Land

    0 Hlp 74, Monticello, AR 71657

    74 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 74-acre property in Drew County, Arkansas, presents a unique investment opportunity combining timberland and recreational uses. Located conveniently off New Light Road, the tract boasts a mix of planted pines and naturally regenerating hardwoods, creating a diverse and attractive landscape. The predominantly pine composition offers excellent potential for timber harvesting, while the interspersed hardwoods provide crucial habitat for wildlife. Hunters will appreciate the abundant deer population in this area, known for its successful hunting seasons. The land's $2,250 per acre price point reflects its strong potential for both immediate and long-term returns. The property's size and composition make it ideal for a variety of uses, from hunting and recreation to timber management and potential future development. With its strategic location and diverse features, this property offers a compelling investment opportunity for those seeking a blend of recreational enjoyment and financial growth in a desirable Arkansas setting. The address is HLP 74, Monticello, AR 71657. The property is zoned for agricultural, timber, and hunting/recreational uses.

    Property profile
    Verified
    Property type Land
    Lot 74 ac (3,223,440 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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