0 Florence Rd Monticello, AR 71655
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.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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