Single-Story Office
For Sale
$1,690,000
2401 Wildwood Avenue, Sherwood, AR 72120
Commercial / Industrial, Sherwood, AR
Property Size12,379 SF
Lot Size2.54 Acres
Price / SF$136.52
Days on Market52
Property Features for 2401 Wildwood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Directions
From Wildwood, turn onto Heritage Drive. Keep north on Heritage Drive. Property is at the end of the Road on the left.
Subdivision
SHERWOOD
Standard status
Active
Size
12,379 SF
Lot size
2.54 Acres
Taxes and HOA fees
Tax Description
PT NW SE SECTION 8-2N-11 MPDA
Tax Annual Amount
16020
Legal Description
PT NW SE SECTION 8-2N-11 MPDA
Building Details
Year built
1988
Floors in Building
1
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Brooks McRae
(501) 960-8501
Added: Sep 14
Changed: Oct 8
Last Checked: Nov 4 at 9:06AM
MLS# 26037536
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.
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 office building occupies one level and offers a mix of private offices and group meeting areas. Portions of the interior were previously used by a daycare tenant and may be reconfigured for professional, medical, or service providers. The property includes ample parking and sits on 2.54 acres.
Located at 2401 Wildwood Avenue in Sherwood, Arkansas, the building provides an established suburban setting for an owner-user or office-based operation. Its single-level layout and varied interior configuration support multiple workspace arrangements within the existing structure.
Located at 2401 Wildwood Avenue in Sherwood, Arkansas, the building provides an established suburban setting for an owner-user or office-based operation. Its single-level layout and varied interior configuration support multiple workspace arrangements within the existing structure.
Key Highlights
- 12,379‑square‑foot office building constructed in 1988
- Single‑level layout with private offices and group meeting areas
- 2.54‑acre site with ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,529
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,580
$2.1M
Cap Rate 7%
$1,478,986
$1.5M
Cap Rate 9%
$1,150,322
$1.2M
Market Conditions
NOI Build-Up for 12,379 SF
Gross rent
$156.0K $12.60/SF
− Vacancy
−$17.9K −$1.45/SF
EGI
$138.0K $11.15/SF
− OpEx
−$34.5K −$2.79/SF
NOI
$103.5K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,580
Cap Rate 7%
$1,478,986
Cap Rate 9%
$1,150,322
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.73M
NOI $103,529 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
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
Location Intelligence
Trade Area within ½ mile
389
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?
Office building - Flexible office property with private rooms, meeting areas, and reconfiguration potential for professional, medical, or service uses.
Where is this office building located?
The property is located at 2401 Wildwood Avenue 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 office building constructed in 1988; Single‑level layout with private offices and group meeting areas; 2.54‑acre site with ample parking
