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Lonoke County, AR · Sold

AR-801703

2939 County Road 37

$16,000
$7,175/ac · 2.23 ac
Acreage2.23 ac
Price per acre$7,175/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedJun 8, 2024
Coordinates34.7642, -91.8663
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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

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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

287 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.94 of 2.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,211
$10,824$15,598 · $5,924/ac on 2.23 ac
Asking vs estimate
+21.1%
Priced above 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 $16,000
Maximum allowable offer
$7,549
$3,385/ac · +30.0% target margin

You need $8,451 off asking to hit this margin.

All-in cost$8,191
Net resale$12,154
Projected profit$3,964
ROI+48.4%
Annualized+69.3%
Break-even resale$3,992/ac
Profit if resale lands off target
-20%
$1,533
-10%
$2,748
0%
$3,964
+10%
$5,179
+20%
$6,394
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-712648
Paved · Off grid
4.4Jul 27, 2026$21,8004,9236,1297.0 mi
78
AR-201335
Gravel · Off grid
1.7Sep 28, 2025$4,7002,7634,0917.2 mi
75
AR-581365
Landlocked · Power at road
1.8Sep 19, 2024$5,3003,0425,8667.5 mi
68
AR-662756
Gravel · Off grid
4.8Jul 14, 2024$20,4004,2536,8052.0 mi
66
AR-773920
Dirt · Power at road
11.1Nov 2, 2024$48,3004,3447,1625.2 mi
55
Show adjustment detail for the top comp
  • Tract size (4.43 ac → 2.23 ac)+2.1%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.