Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wagon Wheel Rd Springdale, AR 72762
    Back to Search
    Property profile & analytics

    Wagon Wheel Rd Springdale, AR 72762

    View on Map
    • Land
    • 5.22 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wagon Wheel Rd

    Lot size
    5.22 lot acres
    Property type
    Land

    Description

    This exceptional 5.22-acre commercial land parcel presents a remarkable development opportunity in Springdale, Arkansas. Located on Wagon Wheel Road, this property boasts a highly desirable location with exceptional visibility and accessibility. The site benefits from a strategic position at a signalized intersection, maximizing exposure to the significant daily traffic volume of 16,000 vehicles on Wagon Wheel Road. Furthermore, its proximity to major transportation arteries provides unparalleled convenience. The property is just 1.8 miles from Interstate 49 and a mere 1,289 feet from Highway 71, ensuring seamless connectivity to regional and national transportation networks. The high traffic counts on I-49 (108,000 CPD) further underscore the site's strategic value. The asking price is $2,273,830, translating to a land value of $10 per square foot. Utilities are readily available, with water and sewer services located at the street. This property is ideally suited for a wide range of commercial developments, capitalizing on its prime location in Northwest Arkansas and the high traffic counts. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving market. Don't miss out on this exceptional investment prospect.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1916
    Latitude
    36.2264

    Comparable in this City

    • Value Estimation by Request
      7.40 Acres

      Oak Grove Rd

      Farms • 7.40 Acres
      0 Oak Grove Rd, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      2.46 Acres

      603 Henri De Tonti Blvd

      Land • 2.46 Acres
      603 Henri De Tonti Blvd, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      10.55 Acres

      3744 48Th St

      Land • 10.55 Acres
      3744 48Th St, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      6.39 Acres

      3602 Emma Ave

      Land • 6.39 Acres
      3602 Emma Ave, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      7.80 Acres

      Greathouse Springs Rd

      Land • 7.80 Acres
      0 Greathouse Springs Rd, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      6.18 Acres

      Wagon Wheel Rd

      Land • 6.18 Acres
      0 Wagon Wheel Rd, Springdale, AR 72762
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Springdale

      Land available for sale in Springdale, Arkansas.
      Elm Springs Rd, Springdale, AR 72762
      View Details
    • $330,000
      3.72 Acres

      3.72 Acre Tract in Springdale

      Unrestricted 3.72 acre tract suitable for residential or investment.
      2 Wildcat Creek Blvd, Springdale, AR 72762
      View Details
    • $299,000

      Scenic Acres with Small Cabin

      Six acres in Northwest Arkansas with a small cabin.
      22709 Whippoorwill Ln, Springdale, AR 72762
      View Details
    • $260,000
      Pending

      Land Tract Near Springdale

      2.85 acre tract perfect for building or investment.
      1 Wildcat Creek Blvd, Springdale, AR 72762
      View Details
    • Contact for pricing
      2.20 Acres

      Airport Hangar Land - Huntsville, AR

      Huntsville AR land, ideal for hangar development.
      0 Airport Rd, Springdale, AR 72762
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Springdale, Arkansas.
      3598 S 48Th St, Springdale, AR 72762
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Springdale Commercial Land For Rent

      1.6 acres available for rent in Springdale, Arkansas.
      1501 South 48Th St, Springdale, AR 72762
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,190 to 1,229 SqFt.
      4704 Mercy Ln, Springdale, AR 72762
      View Details
    • Contact for pricing

      Unique Space in Johnson Square

      Space in a vibrant, art-focused new urban neighborhood.
      Johnson Ml Blvd & Main Dr, Johnson, AR 72762
      View Details
    • Contact for pricing

      Commercial Space Near New Developments

      Commercial property for rent near multiple new healthcare facilities.
      5653 Gateway Ave, Springdale, AR 72762
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Mixed-use property available for lease in Springdale, Arkansas.
      3142 W Sunset Ave, Springdale, AR 72762
      View Details
    • Contact for pricing
      1,760 SF

      Springdale Office Space For Rent

      Office space available for lease in Springdale, Arkansas.
      3896 Elm Springs Rd, Springdale, AR 72762
      View Details
    Request Owner's contact information
    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.
    Wagon Wheel Rd
    Springdale, AR 72762
    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
    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

    Thank You for Inquiry
    Wagon Wheel Rd, Springdale, AR, 72762
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!