2001 Kiehl AveSherwood, AR 72120

  • Retail properties
  • 16,799 SF
For Sale
$220,000 View listing

Property Details for 2001 Kiehl Ave

Year built
1986
Lot size
1.71 AC
Property size (Sq ft)
16,799 SF
Property type
Retail properties
Property subtype
Strip malls
APN
23S-011-04-001-00
APU
23S0110400100

Description

This exceptional 1.26-acre lot presents a unique opportunity for development in the desirable Sherwood, Arkansas area. Located at 2001 Kiehl, this property offers significant potential for a variety of uses, subject to local zoning regulations. The expansive acreage provides ample space for a single-family residence, a multi-family development, or a commercial venture. Its strategic location within Sherwood ensures convenient access to local amenities, transportation routes, and a thriving community. The property's size and location make it an attractive investment for both builders and developers seeking a prime piece of land in a growing market. Detailed site analysis and due diligence are recommended to fully assess the development potential and to confirm compliance with all applicable building codes and regulations. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price for this remarkable opportunity is $220,000. Further information regarding utilities and access is available upon request. Don't miss out on this chance to acquire a significant piece of land in a highly sought-after location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,925,183
    6.5%
    $3,623,246
    7%
    $3,364,442
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,028,114
    Geo Method
    $3,028,114
  • Alternative Use

    Use
    Valuation
    Residential
    $3,056,343
    Hospitality
    $2,799,594
    Educational
    $2,329,229
    Medical
    $2,409,335
    Retail
    $3,623,246
2001 Kiehl Ave, Sherwood, Arkansas
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Location Insight

City
Sherwood
County
Pulaski
State
Arkansas
Latitude
34.8331
Longitude
-92.2114
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,672
$109,316
$210,684
$320,000
-
$546,580
$1,053,420
$1,600,000

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