DEVELOPMENT PROPERTY FOR SALE SALEM ARKANSAS To View All Listings in The Ozarks Click Here. Farm & Development Property for sale at Salem, AR. 82 Acres M/L. $399,000.00 This property is located at the edge of Salem. It has great development potential. It has a combination of pasture, hay ground and woods. The property would be ideal for cattle, horses, sheep and goats. It has a year around creek running through the property and a couple of springs as well as a pond. It has electricity, rural water and NEXT high speed internet available. There is plenty of wildlife including deer and turkey. Most of the property is gently rolling. Property is located within 45 minutes of Spring River, Lake Norfork and the world famous White River.