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Property profile & analytics
OFF-MARKET
Land

0 Florence Rd Monticello, AR 71655

63.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 63.41-acre property in Drew County, Arkansas, presents a unique investment opportunity. Located approximately 13 miles northeast of Monticello, AR, and accessible via a locked gate and dirt logging road, this land offers a blend of recreational potential and long-term timber investment. The property's diverse landscape includes approximately 13 acres of one-year-old pine plantation, promising future timber growth. An additional 21 acres have been recently clear-cut, offering flexibility for various uses. The remaining acreage consists of bottomland hardwoods, providing a rich and varied habitat. The $2,275 per acre price reflects the land's value and potential. With its combination of established pine, recently cleared land, and bottomland hardwoods, this property is ideal for hunting, recreational activities, or as a strategic timber investment. The property's location near Monticello offers convenient access while maintaining a secluded feel. This is a rare opportunity to acquire a sizable tract of land with diverse features in a desirable Arkansas location. The property is zoned for hunting and recreational use. The asking price is $144,258. The zip code is 71655.

Property profile
Verified
Property type Land
Lot 63.41 ac (2,762,140 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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