AR Wallis Rd Cave Spg, Cave Springs, AR 72718
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.