5402 Elm Springs RdSpringdale, AR 72762

Property Details for 5402 Elm Springs Rd

Lot size

18.00 AC

Property type

Land

Property subtype

Farms

Description

This exceptional 18-acre parcel presents a rare investment opportunity in Springdale, Arkansas. Located less than half a mile from Interstate 49 and directly across Oak Grove Road from a Walmart Supercenter, this property boasts unparalleled visibility and accessibility. With frontage on both Elm Springs Road and Oak Grove Road, it benefits from a high traffic count of 15,000 vehicles per day (according to ARDOT 2022 data). The level land is ready for development, featuring utilities readily available at the street. The property's A-1 zoning allows for a variety of uses, making it ideal for retail, medical facilities, luxury apartments, restaurants, or other commercial ventures. The seller is willing to consider dividing the property, offering flexibility for various development scenarios. Additional acreage is available at 5382 Elm Springs Road. This location is in a rapidly growing area, with new multifamily developments and hundreds of new homes under construction nearby. The City of Springdale's plans to extend Gene George Boulevard further enhance the property's long-term potential. The property includes APNs: 815-29801-070, 815-29801-080, and 815-29801-020. The asking price is $12,950,000, with a land value of $16.52 per square foot. This is a truly exceptional opportunity to capitalize on the thriving Northwest Arkansas market.

Location Insight

City

Springdale

County

Washington

State

Arkansas

Latitude

36.1935

Longitude

-94.1905

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