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    Property profile & analytics

    2001 E Kiehl Ave Sherwood, AR 72120

    • Strip malls
    • 16,799 SF
    • 1.71 lot acres
    For Sale
    View listing
    $220,000
    Last Sale
    Jul 24, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0391530
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jewelry Concepts / (Bike/Boat/Book/etc) Store
    • Shelter Insurance - Daniel Vickers / Insurance Agency
    • Bridge to Hope Academic Therapy and Consulting Services / Training Center
    • Baptist Health Therapy Center-Sherwood / Medical Clinic
    • First National Title Company / Title Company / Escrow Service

    Property Details for 2001 E Kiehl Ave

    Year built
    1986
    Lot size
    1.71 lot acres
    Property size
    16,799 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $776,000
      Market price range: $355k - $876k

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.2114
    Latitude
    34.8331
    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

    Comparable in this City

    • Value Estimation
      $515,000
      5,000 SF

      8700 Hwy 107

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      8700 Hwy 107, Sherwood, AR 72120-2995
      View Details
    • Value Estimation by Request
      7,872 SF

      8200 Hwy 107

      SHOPPING CENTER, STRIP CENTER • 7,872 SF
      8200 Hwy 107, Sherwood, AR 72120-5205
      View Details
    • Value Estimation by Request
      6,232 SF

      3901 Kiehl Ave

      SHOPPING CENTER, STRIP CENTER • 6,232 SF
      3901 Kiehl Ave, Sherwood, AR 72120-4068
      View Details
    • Value Estimation
      $530,000
      15,920 SF

      6503 Warden Rd

      SHOPPING CENTER, STRIP CENTER • 15,920 SF
      6503 Warden Rd, Sherwood, AR 72120-5038
      View Details
    • Value Estimation
      $1,035,000
      9,821 SF

      7517 Warden Rd

      SHOPPING CENTER, STRIP CENTER • 9,821 SF
      7517 Warden Rd, Sherwood, AR 72120-5042
      View Details
    • Value Estimation
      $1,285,000
      14,250 SF

      9871 Brockington Rd

      SHOPPING CENTER, STRIP CENTER • 14,250 SF
      9871 Brockington Rd, Sherwood, AR 72120-3450
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,000 SF

      Retail Spaces in Sherwood, AR

      Retail spaces for lease in high-traffic Sherwood location.
      10303 Highway 107, Sherwood, AR 72120
      View Details
    • $385,000
      1.47 Acres

      Sherwood Commercial Land - $385K

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    • Contact for pricing
      5.55 Acres

      Sherwood Retail Land - 5.55 Acres

      Three prime outparcels for sale. High-traffic location.
      7600 Warden Rd, Sherwood, AR 72120
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    • $199,000
      200 SF

      Sherwood Auto Sales Lot

      Auto sales lot with office and highway frontage in Sherwood.
      5810 Warden Rd, Sherwood, AR 72120
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    • $688,800
      1.09 Acres

      Prime Sherwood QSR Opportunity

      High-traffic corner lot, ideal for fast food.
      203 Kiehl Ave, Sherwood, AR 72120
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    • $795,000
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      Sherwood Commercial Building with Land

      9,000 SF commercial building in Sherwood Commercial Park.
      1041 Lantrip Rd, Sherwood, AR 72120
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    Similar Nearby for Lease

    • $675,000
      7,250 SF

      Retail Space with Drive-In Doors

      Retail space with high visibility and multiple drive-in doors.
      4205 E Kiehl Ave, Sherwood, AR 72120
      View Details
    • $12 SF/Yr
      3,600 SF

      Sherwood Office Building For Sale

      3600 sq ft, single-tenant office, recently remodeled.
      137 Shadow Oaks Dr, Sherwood, AR 72120
      View Details
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    2001 E Kiehl Ave
    Sherwood, AR 72120
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    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
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