Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 3744 S 48th Street offers 10.55 acres in Northwest Arkansas, zoned A-1 and adjacent to C-2 parcels, supporting future commercial or multifamily uses.
  • Planned access to a gravity sewer line along the western boundary supports development readiness and expands future project flexibility.
  • Benefit from outstanding visibility along South 48th Street with exposure to approximately 100,000 vehicles daily, enhancing branding potential.
  • Strong market fundamentals include 102,000+ households, $101,779 average incomes, $3.2 billion in spending, and sustained population growth.

Executive Summary

3744 S 48th Street presents a 10.55-acre development opportunity in Springdale, Arkansas, within the rapidly growing Northwest Arkansas corridor between Fayetteville and Rogers. Zoned A-1 and adjacent to C-2-zoned properties, the site is well-suited for commercial or multifamily development. Infrastructure planning further supports the development potential, with anticipated access to a gravity sewer line along the western property boundary. 3744 S 48th Street also benefits from exceptional exposure along Interstate 49 with visibility to approximately 100,000 vehicles per day.

Positioned within an established retail and residential trade area, the site is anchored by an adjacent Walmart Neighborhood Market and Casey's General Store, creating heavy traffic in the area. Additional regional demand drivers, such as the Arkansas Children's Hospital, Sam's Club, Arvest Ballpark, and a wide selection of restaurants and services, reinforce the area's continued growth and consumer activity. Located along South 48th Street and directly off Interstate 49 and Don Tyson Parkway, the site offers convenient connectivity throughout the broader Northwest Arkansas metropolitan area, placing future development within one of the state's most active and sought-after markets.

Strong demographic trends support the long-term outlook for 3744 S 48th Street. Population growth of 13.5% since 2020, with an additional 6.5% increase projected by 2030, continues to drive demand across the region. Within a 10-mile radius, more than 102,000 households generate average household incomes of $101,779 and contribute over $3.2 billion in annual consumer spending, creating a substantial foundation for future developments. In addition, the surrounding 5-mile radius is nearly evenly split between renter-occupied and owner-occupied households, creating a strong opportunity to capture demand for multifamily development.

3744 S 48th Street provides developers the opportunity to acquire a sizeable tract within a mature and expanding Northwest Arkansas market surrounded by established commercial developments.

Property Facts

Price $2,800,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 10.55 AC
No. Stories 1
Zoning A-1

1 Lot Available

Lot

Price $2,800,000
Price Per AC $265,402.84
Lot Size 10.55 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
815-30857-090
Land Assessment
$17,300
Improvements Assessment
$19,240
Total Assessment
$36,540
  • Listing ID: 27586816

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 3744 S 48th St, Springdale, AR 72762

Contact the Sale Advisor

3744 S 48th St

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}