Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    3905 Alma HWY Van Buren, AR 72956

    View on Map
    Claim this Listing
    For Sale
    $2,500,000

    COMMERCIAL - Van Buren, AR

    Lot size:
    19.38 Acres
    Added:
    Aug 23, 2024
    Days on Market:
    624
    Last Refresh:
    May 8 at 5:06 am

    Property Features for 3905 Alma HWY

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    700-07970-001
    Lot size
    19.38 Acres

    Taxes and HOA fees

    Tax Description
    PT SE SE 17-09-31
    Tax Annual Amount
    42

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Mason Shirey

    Listing agent Mason Shirey License #AB00071498

    Listing office Jimmy Bell Real Estate 1031 Fayetteville Rd., Van Buren, AR

    Listing date Aug 23, 2024

    MLS# 1074769

    Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Hard corner location with traffic signal, ideal for commercial development.
    • High traffic count: Approximately 20,000 vehicles per day.
    • Significant road frontage: 620+\/- ft on Hwy 64 and 425 +\/- ft on Hwy 282.
    • Seller will subdivide the property.
    • Potential for various uses: convenience store, restaurant, office, storage, or multi‑family.
    • Approximately 13 acres are outside of the flood zone.

    Overview

    Van Buren Commercial Development Opportunity

    This commercial property, located at a hard corner with a traffic signal, presents a development opportunity. The site is suitable for a convenience store, quick-service restaurant, office complex, or storage units, with potential for multi-family use in the back. The property features approximately 620 feet of road frontage on Highway 64 and 425 feet of frontage on Highway 282. Traffic counts are approximately 17,000 vehicles per day on Highway 64 and 4,500 vehicles per day on Highway 282, totaling approximately 20,000 vehicles per day. The lot size is 19.38 acres, with approximately 6 acres in a flood zone and 13 acres outside of it. The seller is willing to subdivide the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Buren
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.31167
    Latitude
    35.450912

    Nearby Similar for Sale

    • $1,500,000
      14,000 SF

      Commercial Property with Truck Operations Focus

      Well-maintained commercial property with semi-truck operations capabilities on 2.5 acres.
      1300 Scott ST, Van Buren, AR 72956
      View Details
    • $499,900
      6,144 SF

      Historic Commercial Building in Van Buren

      Historic building with commercial kitchen and bar in downtown Van Buren.
      700 Main ST, Van Buren, AR 72956
      View Details
    • $680,000
      7,412 SF

      Fully Leased Duplexes in Van Buren

      Eight fully-leased duplexes near Van Buren City Park.
      1005-1019 N 13th ST, Van Buren, AR 72956
      View Details
    • $950,000
      4,879 SF

      Van Buren Commercial Office Building

      Well-maintained commercial building with 13 offices and ample parking.
      1111 Fayetteville RD, Van Buren, AR 72956
      View Details
    • $575,000

      Prime Commercial Land on US-64

      14.25 AC commercial property with high visibility and utilities.
      4502 Alma HWY, Van Buren, AR 72921
      View Details
    • $795,000

      Versatile Land in Van Buren, AR

      6.8 acres of land zoned for multiple uses.
      TBD S 28th ST lot: See Plat, Van Buren, AR 72956
      View Details
    • $400,000
      12,400 SF

      Self-Storage Facility in Van Buren

      75-unit self-storage facility with value-add potential in Van Buren, AR.
      2510 Kibler RD, Van Buren, AR 72956
      View Details
    • $969,500
      7,318 SF

      Wedding & Event Venue Residence

      Profitable, established wedding and event venue with residence on 20.67 acres.
      1820 Oak Grove RD, Van Buren, AR 72956
      View Details
    • $425,000
      2,096 SF

      Van Buren Commercial Building For Sale

      Two-story commercial building in prime location, suitable for office/retail.
      1000 Main ST, Van Buren, AR 72956
      View Details
    • $265,000
      4,346 SF

      Van Buren Office Building

      Office building with multiple offices, baths, and conference room.
      1316 Main Street, Van Buren, AR 72956
      View Details
    • $179,999
      1,874 SF

      Historic Gothic Revival Church

      1889 Gothic Revival church in Van Buren's historic district.
      515 Knox ST, Van Buren, AR 72956
      View Details
    • $112,000
      1,620 SF

      Commercial Building in Prime Location

      Commercial building with highway frontage in a high-traffic area.
      1811 Main ST, Van Buren, AR 72956
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for development in Van Buren, Arkansas.
    Where is this commercial land located?
    The property is located at 3905 Alma HWY Van Buren, AR.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Hard corner location with traffic signal, ideal for commercial development.; High traffic count: Approximately 20,000 vehicles per day.; Significant road frontage: 620+\/- ft on Hwy 64 and 425 +\/- ft on Hwy 282.
    (479) 474-9200
    We can help!
    Listing Contact
    Mason Shirey
    Real Estate License ID: AB00071498
    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

    Thank You for Inquiry
    3905 Alma HWY, Van Buren, AR 72956
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!