Mixed-Use Commercial
New
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 Market3
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
Last Checked: Sep 19 at 1:41PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$115,310
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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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
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Market
Vacancy Rate% for Office in South region
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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
