Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pea Ridge Commercial Land Title is generated by Realmo AI

    15615 & 15621 Highway 94, Pea Ridge, AR 72751

    View on Map
    Claim this Listing
    New
    For Sale
    $650,000

    COMMERCIAL - Pea Ridge, AR

    Lot size:
    2.49 Acres
    Added:
    May 20, 2026
    Days on Market:
    2
    Last Refresh:
    May 21 at 8:06 am

    Property Features for 15615 & 15621 Highway 94

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    13-01012-000
    Lot size
    2.49 Acres

    Taxes and HOA fees

    Tax Description
    PT SE NW
    Tax Annual Amount
    1247

    We can help!

    Listing Contact
    Bhavya Tummala

    Listing agent Bhavya Tummala License #SA00096046

    Listing office Kaufmann Realty, LLC 640 W Lancashire Blvd, Bella Vista, AR

    Listing date May 20, 2026

    MLS# 1347739 Listing URL

    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.

    HighLights

    • 2.49 acres of land
    • Zoned C1 (Commercial)
    • Major road frontage
    • Great location for gas station, restaurant, or retail
    • Property is beside Dollar General
    • Location coordinates: [-94.14101,36.46459]

    Overview

    This 2.49-acre commercial land parcel is located in Pea Ridge, Arkansas. Zoned C1, the property offers significant road frontage, making it suitable for various commercial ventures. Potential uses include a gas station, restaurant, or retail establishment. The property is situated next to a Dollar General store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Auto Repair Shop Hotel & Motel Department Store Car Rental Facility Bakery (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pea Ridge
    County
    Benton
    State
    Arkansas
    Longitude
    -94.14098
    Latitude
    36.46477

    Nearby Similar for Sale

    • $399,900

      Pea Ridge Commercial Land

      Prime commercial lot in growing Pea Ridge community.
      N Curtis Avenue lot: 10, Pea Ridge, AR 72751
      View Details
    • $549,941
      2,462 SF

      Retail Space in Growing Area

      Retail space in Pea Ridge with high visibility and growth.
      203 E Pickens Road, Pea Ridge, AR 72751
      View Details
    • $695,000

      Pea Ridge Land Opportunity

      13 acres near Pea Ridge/Bentonville line, development potential.
      10368 Johnson Hollow Road lot: 0, Pea Ridge, AR 72751
      View Details
    • $420,000
      1,140 SF

      Retail Space in Pea Ridge

      Retail space for sale in a high-traffic location.
      311 E Pickens Road, Pea Ridge, AR 72751
      View Details
    • $85,000

      Residential Land in Pea Ridge

      Land for sale in a growing Pea Ridge community.
      Coler Drive lot: 9, Pea Ridge, AR 72751
      View Details
    • $325,000

      Pea Ridge Land For Sale

      5 +/- acres of flat, accessible land near Pea Ridge.
      924 Hickman, Pea Ridge, AR 72751
      View Details
    • $1,499,000
      2,167 SF

      Pea Ridge Income Property

      Income-producing property with duplexes, residence, shop, and outbuildings.
      15743 Easterling Road, Pea Ridge, AR 72751
      View Details
    • $420,000

      5.05 Acres in Pea Ridge

      Exceptional 5.05-acre property with development potential in Pea Ridge, AR.
      5.05 Acres Greer Street, Pea Ridge, AR 72751
      View Details
    • $299,900

      Prime Commercial Corner Parcel

      High-visibility corner lot in rapidly growing Pea Ridge, Arkansas.
      701 N Curtis Avenue, Pea Ridge, AR 72751
      View Details
    • $1,499,000

      9.29 Acres in Pea Ridge

      Land with pasture, woods, outbuildings, and income-producing duplexes.
      15743 Easterling Road, Pea Ridge, AR 72751
      View Details
    • $204,000

      Residential Lot Near Big Sugar

      1.19 acre residential lot in Pea Ridge, Arkansas.
      Willis Lane lot: 25 & 26, Pea Ridge, AR 72751
      View Details
    • $79,500

      Residential Lot in Growing Area

      0.84-acre lot near amenities, ideal for new home.
      Barris Lane lot: 6B, Pea Ridge, AR 72751
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.49 acres of C1 zoned land with road frontage.
    Where is this commercial land located?
    The property is located at 15615 & 15621 Highway 94 Pea Ridge, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 2.49 acres of land; Zoned C1 (Commercial); Major road frontage
    (717) 413-3403
    We can help!
    Listing Contact
    Bhavya Tummala
    Real Estate License ID: SA00096046
    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
    15615 & 15621 Highway 94, Pea Ridge, AR 72751
    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!