Property profile

0 Hlp 74 Monticello, AR 71657

OFF-MARKET
Land
74 ac lot
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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

Location

Hlp 74 Monticello, AR 71657
Monticello metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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