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

    8904 Dollarway Road White Hall, AR 71602

    View on Map
    Claim this Listing
    New
    For Sale
    $895,000

    Land Only - White Hall, AR

    Property size:
    348,480 SF
    Lot size:
    8.00 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 20 at 2:06 am

    Property Features for 8904 Dollarway Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    348,480 SF
    Lot size
    8.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1968

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Conner Lunsford

    Listing agent Conner Lunsford

    Listing office Lunsford & Associates Realty Co. 7000 Jefferson Pkwy., White Hall, AR

    Listing date Apr 17, 2026

    MLS# 26015407 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    White Hall Land Investment Opportunity

    This White Hall property presents an investment opportunity with approximately 8 acres of land situated along Dollarway Road. The site benefits from high visibility and strategic positioning, enhanced by road and sidewalk frontage. The property offers a mixed-use advantage, with approximately 3.35 acres zoned for commercial use and 4.65 acres zoned R-3 multifamily. Given the limited availability of multifamily land inventory in White Hall, this tract is positioned to meet housing demand. The area is experiencing growth, supported by the White Hall School District, making it attractive for residential and commercial expansion. The property's visibility, traffic exposure, and zoning provide opportunities for investors and developers looking to capitalize on the area’s market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    White Hall
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.094933
    Latitude
    34.280891

    Nearby Similar for Sale

    • $475,000

      Highway Frontage Development Opportunity

      3.5 acre commercial site with highway frontage near Interstate.
      8800 Highway 270, White Hall, AR 71602
      View Details
    • $475,000

      Highway Frontage Development Opportunity

      3.5 acre commercial site with highway frontage near Interstate.
      8800 Highway 270, White Hall, AR 71602
      View Details
    • $3,500,000
      18,984 SF

      Fully Leased Office/Medical Facility

      Fully leased office/medical facility in White Hall, Arkansas for sale.
      103-109,201-205 Frankie Lane, White Hall, AR 71602
      View Details
    • $345,000
      5,064 SF

      Residential Investment Opportunity in White Hall

      Three homes, storage building, storm shelter on 4.99 acres.
      14130 Dollarway Rd., White Hall, AR 71602
      View Details
    • $350,000

      Commercial Lot in White Hall

      3.57 acre commercial lot with high visibility location.
      0000 Jefferson Parkway, White Hall, AR 71602
      View Details
    • $750,000

      Prime Commercial Land For Sale

      2.5 acres of commercial land ready for development.
      0000 Claud Road, White Hall, AR 71602
      View Details
    • $475,000

      Highway Frontage Commercial Development Opportunity

      3.5 acre commercial lot with highway frontage near Interstate.
      8800 Highway 270, White Hall, AR 71602
      View Details
    • $475,000

      Highway Frontage Development Opportunity

      3.5 acre commercial development site with highway frontage.
      8800 Highway 270, White Hall, AR 71602
      View Details
    • $149,900

      Commercial Lot in White Hall

      Commercial lot with high visibility and easy access.
      9103 Dollarway Road, White Hall, AR 71602
      View Details
    • $2,750,000

      Prime Commercial Land For Sale

      12.18 acres of commercial land ready for development.
      00 Claud Road, White Hall, AR 71602
      View Details
    • $209,900
      2,520 SF

      Updated Fourplex in White Hall

      Rent-ready fourplex with updated units and strong cash flow potential.
      6013 Windham Avenue, White Hall, AR 71602
      View Details
    • $35,000

      Residential Lot in White Hall

      Residential lot available for new construction in White Hall, AR.
      604 Ross Lane, White Hall, AR 71602
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8-acre mixed-use land in growing White Hall, Arkansas.
    Where is this commercial land located?
    The property is located at 8904 Dollarway Road White Hall, AR.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Approximately 8 acres of land with high visibility and strategic positioning on Dollarway Road.; Mixed‑use zoning: approximately 3.35 acres commercial and 4.65 acres R‑3 multifamily.; Limited multifamily land inventory in White Hall positions this tract to meet housing demand.
    (870) 575-3895
    We can help!
    Listing Contact
    Conner Lunsford
    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!