Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kiehl Ave Sherwood, AR 72120
    Property profile & analytics

    Kiehl Ave, Sherwood, AR 72120

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

    Current Use by Public Records

    • Land

    Property Details for 0 Kiehl Ave

    Lot size
    1.32 lot acres
    Property type
    Land

    Description

    This exceptional 1.32-acre commercial land parcel presents a remarkable investment opportunity in Sherwood, Arkansas. Strategically located off E Kiehl Ave, directly behind a Sonic Drive-in, this level lot boasts excellent visibility and accessibility. Its prime location offers easy access from multiple streets and is less than a quarter-mile from a freeway on-ramp, ensuring high traffic volume. The property is already equipped with curb and gutter and benefits from municipal utilities, simplifying development. Zoned C-3, this site is ideal for a variety of retail uses. Enjoy exceptional visibility from both Kiehl Ave and Highway 67/167, further enhanced by the potential for a pole sign installation. The surrounding area demonstrates strong commercial growth, supported by a population exceeding 81,000 within a 5-mile radius and a daily traffic count of 18,000 vehicles. The asking price is $431,244, translating to a land value of $7.50 per square foot. This property represents a rare chance to capitalize on Sherwood's thriving commercial sector and its convenient location. Don't miss this opportunity to secure a prime retail site in a high-growth area. The Pulaski County location and 72120 zip code add to its appeal.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.207
    Latitude
    34.8326

    Comparable in this City

    • Value Estimation by Request
      1.47 Acres

      Brockington Rd

      Land
      0 Brockington Rd, Sherwood, AR 72120
      View Details
    • Value Estimation by Request
      0.68 Acres

      7225 John F Kennedy Blvd

      Land
      7225 John F Kennedy Blvd, Sherwood, AR 72120
      View Details
    • Value Estimation by Request
      2.00 Acres

      261 Kiehl Ave

      Land
      261 Kiehl Ave, Sherwood, AR 72120
      View Details
    • Value Estimation by Request
      1.21 Acres

      AR-107 Dr

      Land
      AR-107 Dr, Sherwood, AR 72120
      View Details
    • Value Estimation by Request
      4.68 Acres

      Silver Creek Dr

      Land
      0 Silver Creek Dr, Sherwood, AR 72120
      View Details
    • Value Estimation by Request
      1.08 Acres

      3600 Kiehl Ave

      Land
      3600 Kiehl Ave, North Little Rock, AR 72120
      View Details

    Similar Nearby for Sale

    • $150,000
      21.56 Acres

      Sherwood Land Opportunity

      21 acres of land suitable for development.
      +/- 21.56 Acres Stafford Rd, Sherwood, AR 72120
      View Details
    • $94,900

      Land For Sale

      Land available for purchase.
      1117 Fern Ridge Rd, Sherwood, AR 72120
      View Details
    • Contact for pricing

      Land Lots for Sale

      Multiple land lots available, ranging from 1.21 to 5.02 acres.
      AR-107 Dr, Sherwood, AR 72120
      View Details
    • Contact for pricing

      Undeveloped Land on East Keihl

      10 acres of undeveloped land in Sherwood, Arkansas.
      409 East Kiehl Ave, Sherwood, AR 72120
      View Details
    • $113,900

      Land For Sale

      Land available on Fern Ridge Road, Sherwood, Arkansas.
      1046 Fern Ridge Rd, Sherwood, AR 72120
      View Details
    • $125,000
      8.16 Acres

      Land Near Sherwood Park

      8.16 acres of land near Sherwood Park.
      +/- 8.16 Acres Windchime Ave, Sherwood, AR 72120
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available Off Highway 105

      Land for rent located off Highway 105 in Sherwood.
      12772 Ar-107, Sherwood, AR 72120
      View Details
    • Contact for pricing

      Land For Rent in Sherwood

      Two acres of land available on Highway 107.
      8611 Highway 107, Sherwood, AR 72120
      View Details
    • Contact for pricing

      Sherwood Business District Office Space

      Office building in Sherwood Business District with easy highway access.
      100 Shadow Oaks Dr, Sherwood, AR 72120
      View Details
    • $11 SF/Yr

      Highway 107 Retail Space

      Retail space for lease on Highway 107 in Sherwood.
      8611 Highway 107, Sherwood, AR 72120
      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.
    Kiehl Ave
    Sherwood, AR 72120
    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
    Kiehl Ave, Sherwood, AR, 72120
    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!