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Cleared Commercial Land
For Sale
$900,000

421 and 423 W Maryland Avenue, Sherwood, AR 72120

Vacant Land, Sherwood, AR

Property SizeContact for details
Lot Size7.00 Acres
Days on Market102

Property Features for 421 and 423 W Maryland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Not in Subdivision
Lot features Level
Directions This property sits across from Wal-mart, Murphy Gas station on West Maryland Road, Sherwood.
Standard status Active
Lot size 7.00 Acres

Taxes and HOA fees

Tax Description Lots 16-21 Block 9
Tax Annual Amount 1080
Legal Description Lots 16-21 Block 9
Listing Agency: Hawks Realty
Listed By: Samuel Smith
Added: Jun 19 Changed: Aug 24 Last Checked: Sep 28 at 6:06AM
MLS# 26024890

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.

Investment Insights

Based on property information with market context.

This cleared commercial land is positioned for development and is served by all public utilities. The property is organized as six individual lots, which may be sold separately or together. An existing Corps of Engineers determination is in place and may be extended.

Located at 421 and 423 W Maryland Avenue in Sherwood, the site is directly across from Walmart and a Murphy gas station. The corridor records approximately 20,000+ vehicles per day, with additional traffic associated with Walmart and nearby retail. The stated use potential includes retail, restaurant, medical, and service development.

Key Highlights

  • Approximately 20,000+ vehicles per day along the commercial corridor
  • Six individual lots available separately or combined
  • All public utilities serving the property

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Big Box & Wholesale Store Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with public utilities, retail adjacency, and flexible development potential for several stated commercial uses.
Where is this commercial land located?
The property is located at 421 and 423 W Maryland Avenue Sherwood, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 20,000+ vehicles per day along the commercial corridor; Six individual lots available separately or combined; All public utilities serving the property
More about this property
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