Luke Alston, ALC
Executive Broker, AR | Managing Broker, OK | Associate Broker, LA
Ask Luke Alston, ALC
Welcome to the Hempstead 480, located roughly 3.5 miles north of McCaskill, Arkansas. This 480± acre tract offers something for everyone!
The first thing you notice is the quantity and quality of the timber—from towering natural growth pine and 20+ year-old pine plantation to the variety of hardwood species that are growing as we speak. The dollar value of the stump on this Hempstead County property is substantial to the timber buyer looking for an immediate return on their investment. Additionally, the property is worth considering for a 1031 tax exchange to divert capital gains from other real estate divestitures.
The hunting and recreational value here is the hardest part to explain or put a number on because the opportunities and possibilities are endless. The timber age and variety, coupled with the terrain across the acreage, lend themselves to being much larger. You can manage the local herd or flock as you see fit. Electricity is already in place, and an old, established campsite near the front entrance for convenient access to the county-maintained road makes for a perfect place to build a cabin or put in RV sites.
The last thing that offers a significant benefit to the property is the gravel pit that has been opened up for road maintenance without the added expense of buying it from an outside source.
If you are looking for an Arkansas property that “has it ALL,” the Hempstead 480 is worth a tour. Call Luke Alston today to learn more and schedule a personal tour!
Location:
Coordinates:
Property Use:
Property Information:
Tax Information:
