The route is located entirely in Boone County, and also serves the communities of Batavia and Capps.

[3] AR 392 begins at an intersection with US 62 and US 412 at Little Arkansaw, 3.2 miles (5.1 km) east of Alpena.

After passing through Capps, the road crosses the Dry Jordan Creek before meeting northbound AR 397.

In Harrison, the route enters a residential area before curving southeast toward Stephenson Avenue.

It follows Stephenson Avenue east for two blocks before turning south into a business district on Pine Street.