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Osceola Municipal (7M4) is a city owned general aviation airport in northeast Arkansas. Located 2 miles southwest of the city center, the airport occupies 110 acres. There is one runway located at the airport, Runway 1-19, measuring 3,800 feet in length. No parallel taxiway is associated with the runway; however, turnarounds are available at both ends. A non-precision approach is published for Runway 19.

The airport provides limited services at the airport, including 100LL fuel. Aircraft storage is available in small hangars and apron tie-downs. A small terminal building contains a pilotsí lounge and restrooms. The airport primarily caters to general aviation, and frequent agricultural application activity much of the year.