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Logan County, AR · Sold

AR-194714

3854 County Road 232

$96,200
$4,866/ac · 19.77 ac
Acreage19.77 ac
Price per acre$4,866/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 24, 2024
Coordinates35.2150, -93.6628
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Logan County, Arkansas. Ozark hunting camps and Delta row-crop ground at some of the South's lowest entry prices.

View Logan market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power211 ft away

Power at or near the road.

Buildable area15.74 of 19.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$79,993
$62,237$97,749 · $4,046/ac on 19.77 ac
Asking vs estimate
+20.3%
Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $96,200
Maximum allowable offer
$45,710
$2,312/ac · +30.0% target margin

You need $50,490 off asking to hit this margin.

All-in cost$49,595
Net resale$73,594
Projected profit$23,998
ROI+48.4%
Annualized+69.3%
Break-even resale$2,727/ac
Profit if resale lands off target
-20%
$9,280
-10%
$16,639
0%
$23,998
+10%
$31,358
+20%
$38,717
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-655088
Dirt · Full utilities
25.9Jul 27, 2026$136,1005,2494,4766.6 mi
83
AR-493350
Paved · Power at road
7.4Jul 27, 2026$28,7003,9062,6034.1 mi
78
AR-195854
Landlocked · Off grid
45.1Jul 19, 2026$78,7001,7422,9675.7 mi
77
AR-563649
Gravel · Full utilities
9.1Jul 7, 2026$63,4006,9414,5515.8 mi
72
AR-604661
Paved · Off grid
19.0Oct 6, 2024$75,9003,9903,6707.8 mi
72
AR-564157
Dirt · Off grid
13.2Oct 8, 2024$58,7004,4415,3823.8 mi
71
AR-386214
Landlocked · Off grid
58.6Jul 27, 2026$133,1002,2724,0746.3 mi
69
AR-113086
Dirt · Full utilities
6.1Mar 20, 2024$36,8006,0564,9311.4 mi
61
Show adjustment detail for the top comp
  • Tract size (25.92 ac → 19.77 ac)+3.8%
  • Utilities (Full utilities → Power at road)-18.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.