← New search
Lonoke County, AR · Sold

AR-317249

1437 County Road 338

$266,500
$2,149/ac · 124 ac
Acreage124 ac
Price per acre$2,149/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJul 25, 2024
Coordinates34.7064, -91.9123
Loading terrain…
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

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

View Lonoke market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope20.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,527 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area71.59 of 124.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$352,032
$290,498$413,566 · $2,838/ac on 124 ac
Asking vs estimate
-24.3%
Priced below the comp set

Weighted from 5 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 $266,500
Maximum allowable offer
$201,161
$1,622/ac · +30.0% target margin

You need $65,339 off asking to hit this margin.

All-in cost$218,260
Net resale$323,870
Projected profit$105,610
ROI+48.4%
Annualized+69.3%
Break-even resale$1,913/ac
Profit if resale lands off target
-20%
$40,836
-10%
$73,223
0%
$105,610
+10%
$137,997
+20%
$170,384
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-386128
Gravel · Power at road
55.1Dec 10, 2025$168,5003,0602,6037.4 mi
76
AR-868118
Dirt · Power at road
232.8Jul 27, 2026$496,1002,1312,9479.0 mi
75
AR-669540
Paved · Off grid
652.1Jul 27, 2026$912,1001,3992,2504.4 mi
71
AR-584267
Landlocked · Power at road
14.3Apr 9, 2025$52,1003,6413,7982.7 mi
57
AR-345492
Paved · Full utilities
34.7Jan 3, 2024$165,5004,7642,7834.6 mi
55
Show adjustment detail for the top comp
  • Tract size (55.06 ac → 124.03 ac)-17.3%
  • Market time (8 mo)+2.9%

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.