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97± ACRE LAND & MINERAL RIGHTS AUCTION – QUITMAN, AR

Auction Description

This is a Fantastic Property with Great Future Potential. With its Prime location along High-Traffic Roads Near Greers Ferry Lake and the Red River, this Property has Many Potential Uses. In Addition to the Prime Highway Frontage Property, we Will Also Offer 110± Acres of Mineral Rights.

REAL ESTATE DESCRIPTION: 97± Acres with Prime Highway Frontage Near Heber Springs, Arkansas & Greers Ferry Lake ~ Offered in 5 Tracts & Any Combination of Tracts on Auction Day ~ Also Offering 110± Mineral Acres ~ Drive by & Inspect this Tract at Any Time.

(TRACT 1) 11± Acres of Mostly Pasture on HWY 25 with 930± Ft. of Highway Frontage. Mineral Rights 12.52± Acres.
(TRACT 2) 23± Acres on Edgemont Road ~ Mostly Timber with 720± Ft. of Road Frontage. Mineral Rights 29.71± Acres.
(TRACT 3) 28.5± Acres of Mature Mixed Timber with Frontage on Edgemont Road & 1,800± Ft. Along Sartain Road. Mineral Rights 28.47± Acres.
(TRACT 4) 8.5± Acres on Edgemont Road with 680± Ft. of Highway Frontage. Mineral Rights 11.45± Acres.
(TRACT 5) 26± Acres on HWY 25 with 1,380± Ft. of Road Frontage & Access off Gresham Road, Mostly Timber. Mineral Rights 28.23± Acres.

Property Highlights

  • 97± Acres Offered in 5 Tracts Located just Northeast of Quitman, Arkansas  
  • Parcels Offer Frontage on Heber Springs Road W., Highway 16 (Edgemont Rd.) Gresham Road & Sartain Road
  • Tracts Range from 8.5± Acres to 28± Acres
  • Mature Timber with Areas Cleared for Future Development
  • Close to Greers Ferry Lake Cove Creek Access & Eden Isle
  • 11 Miles to Little Red River Access 
  • 110± Acres of Mineral Rights
  • Offers Made Prior to Auction Day are Welcome!

 

INSPECTION: Drive by Anytime to View this Property! ~ Call Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 1:00 p.m. on Auction Day.

CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Aneatha Hill ~ 117 S. 3rd Street, Heber Springs, Arkansas 72543 ~ (501) 362-8299 x1161 ~ Fax/ 362-7566.

REAL ESTATE TAXES FOR YEAR 2025: $167.00

SCHOOL DISTRICT: Quitman

TERMS: $10,000.00 (PER TRACT), All in the Form of a Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Auction Location

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