Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Old Wire Rd Springdale, AR 72764

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    17.95 Acres, I-1 Zoning, Build-to-Suit Available

    Property Features for 0 Old Wire Rd

    General Information

    Property type
    Land
    Lot Size
    781,902 SF

    We can help!

    Listing Contact
    Paul Esterer

    Listing Agency: Grubb & Ellis/Solomon Partners Listing Agent: Paul Esterer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 17.95-acre commercial land parcel presents a unique investment opportunity in Springdale, Arkansas. Strategically located near the intersection of E Randall Wobbe Ln and Old Wire Rd, this property is zoned I-1, offering considerable flexibility for development. The lot size allows for substantial building potential, and the seller is open to exploring build-to-suit options or co-development ventures, providing a tailored approach to meet specific project needs. The property's APN numbers are 815-28678-001 and 815-28699-002. The asking price is $4,691,412, translating to a price per square foot ranging from $5.00 to $6.00. The land is also divisible, allowing for the creation of smaller, more manageable development sites. This prime location and the seller's willingness to collaborate make this an attractive proposition for developers seeking a significant commercial project in a thriving Arkansas market. The property's address is Old Wire Rd, Springdale, AR 72764. This presents a rare chance to acquire a substantial tract of land with significant development potential in a desirable location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1120046
    Latitude
    36.2165593

    Nearby Similar for Sale

    • $299,762
      996 SF

      Downtown Springdale Office/Retail Opportunity

      Versatile office or retail space in historic downtown Springdale.
      311 S Main St, Springdale, AR 72764
      View Details
    • New
      $2,000,000
      4,760 SF

      Springdale Retail Development Opportunity

      High-traffic location primed for development with existing infrastructure.
      8984 Carrie Smith Rd, Springdale, AR 72762
      View Details
    • $665,000
      4,096 SF

      Remodeled Fourplex in East Springdale

      Recently remodeled fourplex with updated features, ideal for investment.
      1407 A B C D Oriole St, Springdale, AR 72764
      View Details
    • $500,000
      2,672 SF

      Multi-Unit House on 4.5 Acres

      Property with rental income potential on 4.5 acres.
      12214 Kenneth Price Rd, Springdale, AR 72762
      View Details
    • $2,450,000
      7,200 SF

      Medical/Dental Clinic in Springdale, AR

      Two-level medical clinic with expansion potential on a 1.61-acre lot.
      513 N Shiloh St, Springdale, AR 72764
      View Details
    • New
      Contact for pricing
      2,091 SF

      Springdale Office Building For Sale

      Professional office space in Springdale with high visibility.
      1801 W Huntsville Ave, Springdale, AR 72762
      View Details
    • $2,225,000
      20,220 SF

      Springdale Warehouse Investment Opportunity

      Versatile industrial property with multiple buildings in prime location.
      2101 Arkhola Dr, Springdale, AR 72764
      View Details
    • $2,225,000
      20,220 SF

      Springdale Commercial Investment Opportunity

      Multiple buildings suitable for industrial, storage, manufacturing, or commercial operations.
      2101 Arkhola Dr, Springdale, AR 72764
      View Details
    • Contact for pricing
      130 SF

      Springdale Office Space For Sale

      Office space for sale in Springdale, near I-49.
      6801 Isaac's Orch Rd, Springdale, AR 72762
      View Details
    • New
      Contact for pricing
      2,204 SF

      Springdale Office Space Available

      Professional office space in Springdale Business Park.
      3291 S Thompson St, Springdale, AR 72764
      View Details
    • New
      Contact for pricing
      2,000 SF

      Springdale Warehouse with Fenced Yard

      2,000 SF warehouse with secure fenced yard space.
      2757 E Robinson Ave, Springdale, AR 72764
      View Details
    • New
      Contact for pricing
      4,387 SF

      Prime Office/Retail Space Available

      Corner unit with TI allowance in high-traffic area.
      7321 Sunset Ave, Springdale, AR 72762
      View Details

    FAQs

    What type of property is this?
    Land - 17.95 Acres, I-1 Zoning, Build-to-Suit Available
    Where is this land located?
    The property is located at Old Wire Rd Springdale, AR.
    What is the asking price?
    The asking price for this property is $4,691,412.
    What are key features of this property?
    This property features: 17.95-acre commercial land parcel in Springdale, AR, zoned I-1.; Located near E Randall Wobbe Ln and Old Wire Rd.; APN: 815-28678-001 & 815-28699-002; Address: Old Wire Rd, Springdale, AR 72764.
    (479) 271-6118 Call to check price and availability
    Request Owner's contact information
    Old Wire Rd Springdale, AR 72764
    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.
    Old Wire Rd
    Springdale, AR 72764
    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
    Old Wire Rd Springdale, AR 72764
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Paul Esterer
    (479) 271-6118 (479) 685-6612
    Learn more
    Google sign-in failed. Please try again or use another login method.