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$ 89,902
Est. payment /mo
Price Dropped by $5K
4410 Columbia Road 36 Magnolia, AR 71753
47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1357928
HOA Y/N No
Annual Tax Amount $263
Lot Size 47.000 Acres
Acres 47.0
Lot Dimensions 1375x1611x1316x1482
Property Sub-Type Mixed Use
Property Description
Unique: Income & good hunting. On the NE corner is a small
older home occupied by a family that's been there 40+ years. I've given them a lease-option
on the home and surrounding 2 acres, paying $500/month for six years. Complete the
agreement and they get the 2 acres; otherwise, they can be evicted. The owner also has the
right to cancel the lease-option. Your choice: keep collecting $500/month for almost six
years or cancel and use the entire 47.5 acres and home. Either way, you get excellent
hunting land, easy access and a year-round creek. Hunt deer, turkey and quail. Keep the
lease and your effective cost for the remaining 45.5 acres is under $1,300/acre.
older home occupied by a family that's been there 40+ years. I've given them a lease-option
on the home and surrounding 2 acres, paying $500/month for six years. Complete the
agreement and they get the 2 acres; otherwise, they can be evicted. The owner also has the
right to cancel the lease-option. Your choice: keep collecting $500/month for almost six
years or cancel and use the entire 47.5 acres and home. Either way, you get excellent
hunting land, easy access and a year-round creek. Hunt deer, turkey and quail. Keep the
lease and your effective cost for the remaining 45.5 acres is under $1,300/acre.
Location
State AR
County Columbia
Direction Head east from Magnolia on columbia road 36. to 4410 Columbia Rd 36 Magnolia
Exterior
Fence None
Topography Other,SeeRemarks
Road Frontage County Road
Building
Lot Description Mobile Home Allowed, None, Other, See Remarks
Water Other, See Remarks
Schools
School District Magnolia
Others
Special Listing Condition None
Virtual Tour https://tour.nwarealtors.org/4410-Columbia-Road-36-Magnolia-AR-71753/unbranded
Listed by William Johnson Brokerage
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