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    AR-107 Dr Sherwood, AR 72120

    Sponsored
    For Sale
    Contact for pricing

    Prime Arkansas commercial land, Hwy 107 & Johnson Dr.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in Sherwood, Arkansas. Located at the intersection of Highway 107 and Johnson Drive, this property comprises several sizable lots ranging from 1.21 to 5.02 acres, with the potential for subdivision. The lots are zoned C-3, allowing for a wide variety of commercial uses. Individual lot pricing varies depending on size and ranges from $3.50 to $8.00 per square foot. Utilities are available to all lots, simplifying development and construction. Specific lot sizes and prices include: Lot 2B (1.21 acres, $421,661, $8.00/SF)

    Property Features for AR-107 Dr

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • Sale price: $3.50 - $8.00/SF
    • C‑3 Commercial zoning
    • Utilities available to all lots
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sherwood
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.226143734524
    Latitude
    34.851962030488

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    FAQs

    What type of property is this?
    Land - Prime Arkansas commercial land, Hwy 107 & Johnson Dr.
    Where is this land located?
    The property is located at AR-107 Dr Sherwood, AR.
    What are key features of this property?
    This property features: Sale price: $3.50 - $8.00/SF; C-3 Commercial zoning; Utilities available to all lots
    (501) 372-6161
    Request Owner's contact information
    AR-107 Dr Sherwood, AR 72120
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    Sherwood, AR 72120
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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-107 Dr Sherwood, AR 72120
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