Contacts
GREA

GREA
Property Details
- Property Type Other
- Property Size 239,580 SF
- Date Updated Apr 2, 2025
This five and half acre development opportunity in East Springdale, Arkansas offers investors and developers the chance to own a high-density site in one of the fastest-growing areas in Northwest Arkansas. The property is ideally located with easy access to major highways, and top employers like Tyson Foods, JB Hunt, Walmart making it a highly desirable location for future tenants. With strong rental demand driven by job growth and population expansion, this site presents an excellent opportunity to capitalize on a thriving market. Additionally, utilities and infrastructure are readily available, reducing development costs and expediting the construction timeline.
Priced at $850,000 ($3.50 psf) this property offers an attractive cost, ensuring a solid foundation for a profitable project. The strategic location and increasing property values in the region further enhance the investment potential, providing both strong cash flow and long-term appreciation.
Reach out to the broker for more info on lease terms and amenities
Highlights
- High-Density Development Potential With zoning approval for 120 units (MF-24), this property allows for maximum land utilization allowing strong return on investment.
- Prime Location near Downtown Springdale Located a short distance from rapidly growing downtown Springdale with easy access to major highways, employers, and amenities, making it highly desirable for future tenants.
- Strong Rental Market East Springdale has a high demand for multifamily housing, driven by job growth, a booming population, and a strong local economy.
- Affordable Price per Unit At $850,000 ($3.50 psf) for 120 units, the land cost per potential unit is just $7,100, creating an attractive cost basis for a profitable development.
- Proximity to Key Employers Close to major companies, including Tyson Foods headquarters, JB Hunt HQ, and Walmarts distribution centers, ensuring a steady tenant base.
- Infrastructure & Utilities Ready Essential infrastructure, including water, sewer, and electricity, is readily available, reducing development costs and timelines.
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Springdale, AR
- Neighborhood Kimco - Cameron Heights
- Zip Code 72764
Points of Interest
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Kum & Go
0.67 miles
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Speedway
0.98 miles
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Fuel Island
2.47 miles
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Shell
2.91 miles
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Walmart
3.05 miles
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Phillips 66
3.18 miles
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Casey's
3.20 miles
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Casey's General Store
3.37 miles
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Lowell Supercharger
4.17 miles
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ChargePoint
9.56 miles
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Wal-Mart Parking
5.81 miles
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Parking Garage
6.48 miles
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Southeast Pinnacle Hills Promenade Parking
7.64 miles
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South Pinnacle Hills Promenade Parking
7.68 miles
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East Pinnacle Hills Promenade Parking
7.71 miles
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South Curbside Pinnacle Hills Promenade Parking
7.74 miles
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Inner East Pinnacle Hills Promenade Parking
7.77 miles
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West Curbside Pinnacle Hills Promenade Parking
7.77 miles
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Southwest Pinnacle Hills Promenade Parking
7.82 miles
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East Curbside Pinnacle Hills Promenade Parking
7.82 miles
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Extended Stay America Select Suites - Springdale
2.89 miles
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Fairfield Inn & Suites
3.16 miles
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Quality Inn & Suites
3.18 miles
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Super 8 by Wyndham Springdale AR
3.36 miles
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DoubleTree
3.47 miles
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Home2 Suites
3.54 miles
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La Quinta Inn & Suites
3.59 miles
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Holiday Inn
3.65 miles
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Hampton Inn & Suites
3.70 miles
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Residence Inn
3.72 miles
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Harps
0.68 miles
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Margaritas Center
0.79 miles
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10Box Cost Plus
1.82 miles
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ALDI
2.43 miles
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Walmart Supercenter
2.47 miles
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Walmart Neighborhood Market
2.62 miles
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Aldi
3.27 miles
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Marvin's Food Store
4.02 miles
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Dillard's
4.92 miles
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Northwest Arkansas Mall
5.02 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.