Mixed-Use Commercial
For Sale
$1,690,000
2401 Wildwood Ave, Sherwood, AR 72120
Commercial property offering potential for business, office, retail, or service uses with access to I-67/167.
Property Size12,379 SF
Price / SF$136.52
Days on Market48
Property Features for 2401 Wildwood Ave
General Information
Standard status
Active
Size
12,379 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1988
Listing Agency:
McKimmey Associates REALTORS NLR
Listed By:
Brooks McRae
(501) 960-8501
Source:
Pcsingtolittlerock
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 7 at 3:40PM
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 McKimmey Associates REALTORS NLR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1988, this 12,379-square-foot commercial property is classified as mixed-use and is associated with business, office, retail, and service uses. The asset is located at 2401 Wildwood Ave in Sherwood, Arkansas.
The property offers access to I-67/167, providing a regional connection for commercial occupants and visitors. Its mixed-use classification supports consideration by an owner-user or investor evaluating a combination of office, retail, and service applications.
The property offers access to I-67/167, providing a regional connection for commercial occupants and visitors. Its mixed-use classification supports consideration by an owner-user or investor evaluating a combination of office, retail, and service applications.
Key Highlights
- 12,379‑square‑foot mixed‑use commercial property
- Built in 1988
- Business, office, retail, and service use potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,310
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,306,200
$2.3M
Cap Rate 7%
$1,647,286
$1.6M
Cap Rate 9%
$1,281,222
$1.3M
Market Conditions
NOI Build-Up for 12,379 SF
Gross rent
$200.5K $16.20/SF
− Vacancy
−$16.0K −$1.30/SF
EGI
$184.5K $14.90/SF
− OpEx
−$69.2K −$5.59/SF
NOI
$115.3K $9.32/SF
Area
Pulaski County, AR
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,306,200
Cap Rate 7%
$1,647,286
Cap Rate 9%
$1,281,222
Alternative Uses
Best Use
Mixed Use
$1.65M
$1.44M – $1.92M
NOI $115,310 @ 7.0% cap · market cap 6.82%
Second Best
Retail
$1.63M
$1.43M – $1.90M
NOI $114,240 @ 7.0% cap · market cap 6.76%
Theoretical Best
Specialty Retail
$2.36M
$2.07M – $2.75M
NOI $165,292 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property offering potential for business, office, retail, or service uses with access to I-67/167.
Where is this mixed-use property located?
The property is located at 2401 Wildwood Ave Sherwood, AR.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 12,379‑square‑foot mixed‑use commercial property; Built in 1988; Business, office, retail, and service use potential
