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    AR Wallis Rd Cave Spg Cave Springs, AR 72718

    Sponsored
    For Sale
    $2,807,006

    Cave Springs, AR development lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents several commercial land parcels totaling 2.74 to 20.58 acres, strategically located at the intersection of Highway 112 and N Wallis Road in Cave Springs, Arkansas. Priced at $2,807,006, these lots offer a compelling investment prospect with a land value of $8.95 per square foot. The property boasts high visibility due to its frontage on Highway 112, a major thoroughfare experiencing significant road improvements and widening, resulting in increased traffic volume exceeding 10,000 vehicles daily. This prime location benefits from its proximity to Osage Meadows, a planned residential development featuring 121 single-family homes, ensuring a robust customer base. Further enhancing its appeal, a roundabout is planned for the Highway 112 and Wallis Road intersection, improving traffic flow and accessibility. Sewer service is anticipated in 2024. The property is part of the Osage Meadows Planned Zoning District, allowing for a variety of commercial uses (specific permitted uses should be verified). APN numbers are 05-10274-000 and 05-10285-000. This is an ideal location for businesses seeking high visibility and strong growth potential in a rapidly developing area.

    Property Features for AR Wallis Rd Cave Spg

    General Information

    Property type
    Land
    Lot Size
    119,354 SF

    HighLights

    • Multiple Highway 112 commercial lots available for sale.
    • Highway 112 sees over 10,000 vehicles daily.
    • Planned roundabout at Wallis Road intersection.
    • Prime location in a high‑growth corridor.
    • Sewer infrastructure anticipated in 2024.
    • Located within the Osage Meadows Planned Zoning District (PZD) in Cave Springs, allowing diverse commercial uses (contact broker for approved uses).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cave Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.2277772
    Latitude
    36.2791928

    Nearby Comparable

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      Highway Frontage Commercial Lots

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      Highway 112 Commercial Development Lots

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      Highway 112 Commercial Lots

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    • $665,000
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      Retail Space in Growing Area

      Retail space in Cave Springs with high visibility.
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    Nearby Similar for Sale

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      Retail Space in Growing Area

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    FAQs

    What type of property is this?
    Land - Cave Springs, AR development lots
    Where is this land located?
    The property is located at AR Wallis Rd Cave Spg Cave Springs, AR.
    What is the asking price?
    The asking price for this property is $2,807,006.
    What are key features of this property?
    This property features: Multiple Highway 112 commercial lots available for sale.; Highway 112 sees over 10,000 vehicles daily.; Planned roundabout at Wallis Road intersection.
    Request Owner's contact information
    AR Wallis Rd Cave Spg Cave Springs, AR 72718
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    Cave Springs, AR 72718
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    Realmo Value Estimation

    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.

    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.

    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
    AR Wallis Rd Cave Spg Cave Springs, AR 72718
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