Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11547 Ervin McGarrah Road Lowell, AR 72745

    View on Map
    For Sale
    $3,707,550

    LAND - Lowell, AR

    Lot size:
    82.39 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    43
    Last Refresh:
    Apr 8 at 6:06 pm

    Property Features for 11547 Ervin McGarrah Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Fencing
    Fenced
    Standard status
    Active
    APN
    18-02299-000
    Lot size
    82.39 Acres

    Taxes and HOA fees

    Tax Description
    SE NE-PTW1/2 NE SURVEY W-157
    Tax Annual Amount
    497

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public
    Water front features
    Pond

    We can help!

    Listing Contact
    Jimmy Allen
    Jimmy Allen

    Listing agent Jimmy Allen License #PB00088468

    Listing office Elite Realty 1800 Wagon Wheel Rd Suite A, Springdale, AR

    Listing date Feb 24, 2026

    MLS# 1337109

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    82+ Acres with Highway Frontage

    This 82.39-acre property in Lowell, Arkansas, features highway frontage and on-site utilities, including two water taps at the entrance. The land offers a mix of mature hardwoods and open, fertilized fields suitable for high-yield hay production. Multiple building sites provide views and natural seclusion, making it suitable for a private estate, family compound, or a neighborhood with larger lots and trails. The property is near Beaver Lake and 15 minutes from Hickory Creek Marina, and 25 minutes from the Walmart Home Office Campus. The location provides access to Northwest Arkansas. The property presents opportunities for investment, development, or building a custom property in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Building Supply Auto Repair Shop Food Market Electrical Service Plumbing Service Pet Store Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.08337
    Latitude
    36.26419

    Nearby Similar for Sale

    • $725,000

      Commercial Land Near Interstate 49

      1.05-acre commercial land tract in Lowell, Arkansas.
      W Monroe Avenue lot: 1, Lowell, AR 72745
      View Details
    • $2,000,000

      Commercial Land in Growing Corridor

      Prime commercial land opportunity in Lowell, Arkansas's growing area.
      626 Oakwood Street, Lowell, AR 72745
      View Details
    • $310,000

      Lowell, AR Building Lot

      2.5 acre building lot with stream, easy I-49 access.
      Tract 3 Puppy Creek Road lot: 0, Lowell, AR 72745
      View Details
    • $2,822,000

      Lowell Land Near JB Hunt

      3.24 acre C-2 zoned parcel near I-49 and JB Hunt.
      319 W Monroe Avenue, Lowell, AR 72745
      View Details
    • $2,705,076

      Lowell, AR Commercial Development Land

      2.76-acre commercial development opportunity in rapidly growing Lowell, Arkansas.
      1566 Pleasant Grove Road, Lowell, AR 72745
      View Details
    • $855,000

      Development Land in Lowell, AR

      9.88 acres in fast-growing Lowell area, development opportunity.
      1307 Honeysuckle Street, Lowell, AR 72745
      View Details
    • $10,500,000
      40,000 SF

      Renovated Office Building in Lowell

      40,000 SF office building in a growing Arkansas market.
      519 Latham Drive, Lowell, AR 72745
      View Details
    • $973,500

      Lowell Commercial Land on Highway

      4.33 acres of commercial land with highway frontage.
      102 S Old Wire Road, Lowell, AR 72745
      View Details
    • $2,399,000

      Lowell, AR Development Land

      10+/- acres of prime development land in Lowell, Arkansas.
      106 Zion Street, Lowell, AR 72745
      View Details
    • $300,000

      Lowell, AR Buildable Land

      2. 5 +/- acres to build your dream home.
      322 Primrose Road, Lowell, AR 72745
      View Details
    • $2,200,000
      10,550 SF

      New Construction Commercial Building on Highway

      New commercial building on high-traffic highway with expansion potential.
      1005 Bloomington Street, Lowell, AR 72745
      View Details
    • $100,000

      Commercially Zoned Land in Lowell

      0.32-acre commercially zoned parcel with development potential.
      Monroe Avenue, Lowell, AR 72745
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 82+ acres in Lowell, AR with development potential.
    Where is this agricultural land / farmland located?
    The property is located at 11547 Ervin McGarrah Road Lowell, AR.
    What is the asking price?
    The asking price for this property is $3,707,550.
    What are key features of this property?
    This property features: 82.39 acres with highway frontage and utilities on site, including two water taps.; Excellent development potential for a private estate, family compound, or neighborhood.; Blend of mature hardwoods and high‑yield hay fields with multiple prime building sites offering incredible views.
    (479) 387-7554
    We can help!
    Listing Contact
    Jimmy Allen
    Jimmy Allen
    Real Estate License ID: PB00088468
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!