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Residential Property with Income Potential

12214 Kenneth Price Road, Springdale, AR 72762

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For Sale

$395,000

4.5-acre property with rental income potential near NWA.

Type:Multi-Family

Property size:

2,672 SF

Lot size:

4.50 Acres

Price / SF:

$147/SF

HighLights

4. 5‑acre property offering country living close to NWA amenities.
Rental income potential from a mobile home on the property.
Convenient location near shopping, restaurants, businesses, and the interstate.
Screened‑in porch overlooking a beautiful lawn.
Fenced backyard provides a safe space for pets.
Secluded lot.

We can help!

Contact an agent

Kenena Pelfrey

For Sale

$395,000

4.5-acre property with rental income potential near NWA.

Type:Multi-Family

Property size:

2,672 SF

Lot size:

4.50 Acres

Price / SF:

$147/SF

Added:: Oct 21, 2025
Days on Market:: 259
Last Refresh:: May 13 at 8:08 pm

Property Features for 12214 Kenneth Price Road

General Information

Standard status: Active
Size: 2,672 SF
Lot size: 4.50 Acres
Property subtype: Multi-Family

Building Details

Year Built: 1982

We can help!

Contact an agent

Kenena Pelfrey

Listing office Smith and Associates Real Estate Services

Listing date Oct 21, 2025

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Smith and Associates Real Estate Services

HighLights

4. 5‑acre property offering country living close to NWA amenities.
Rental income potential from a mobile home on the property.
Convenient location near shopping, restaurants, businesses, and the interstate.
Screened‑in porch overlooking a beautiful lawn.
Fenced backyard provides a safe space for pets.
Secluded lot.

Overview

This property, situated on 4.5 acres, offers country living with convenient access to shopping, restaurants, and businesses in Northwest Arkansas. Centrally located in Elm Springs, it is also near Springdale and Tontitown, and less than five minutes from the interstate. The property includes a home with a screened-in porch overlooking a lawn, presenting an opportunity for customization. A fenced backyard provides a secure area for pets. Additionally, a mobile home on the property offers immediate rental income potential. The property is being sold as-is.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$41.7k	$15.60
− Vacancy	−$3.0k	−$1.12
EGI	$38.7k	$14.48
− OpEx	−$17.4k	−$6.51
NOI	$21.3k	$7.96

2,672 SF · lease $15.60/SF/yr · vacancy 7.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$303.9K

$265.9K – $354.6K (±1% cap)

NOI $21,275 @ 7.0% cap · market cap 5.39%

Second Best

—

no second resolved use

Theoretical Best

Office A

$717.2K

$627.6K – $836.8K (±1% cap)

NOI $50,205 @ 7.0% cap · market cap 12.71%

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

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Location Insight

Map
Local Demand

City: Springdale
County: Washington
State: Arkansas
Longitude: -94.256714
Latitude: 36.209957

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For sale
Mobile home & RV parks
AR
Springdale
72762
12214 Kenneth Price Road

What type of property is this?

Mobile home & RV park - 4.5-acre property with rental income potential near NWA.

Where is this mobile home & rv park located?

The property is located at 12214 Kenneth Price Road Springdale, AR.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 4. 5‑acre property offering country living close to NWA amenities.; Rental income potential from a mobile home on the property.; Convenient location near shopping, restaurants, businesses, and the interstate.