This exceptional commercial parcel offers a rare opportunity for investors and businesses seeking a highly visible, easily accessible location. Ideally situated just off a major highway, the property provides outstanding connectivity to surrounding communities, regional traffic, and key amenities.
With a central location and ample frontage, this site is ready for immediate development to suit a wide range of business needs. The current owner has already invested over $200,000 in approved plans for a flex, office, and retail complex offering up to 40,000 square feet, giving buyers a head start on turning vision into reality.
All essential utilities are available, and the flat, build-ready terrain makes development efficient and cost-effective. High daily traffic counts and strong regional growth ensure long-term value for the right business or investor.
Don’t miss this opportunity to secure a versatile commercial property in a prime, high-demand location—complete with plans already in place to maximize potential.
Lot/land
Price cut: $28K (5/6)
$1,650,000
718 N 40th St, Springdale, AR 72762
--beds
--baths
4.44Acres
Unimproved Land
Built in ----
4.44 Acres Lot
$256,300 Zestimate®
$--/sqft
$-- HOA
What's special
Ample frontageCentral locationFlat build-ready terrain
- 245 days |
- 12 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Aaron Anderson 479-544-9575,
McMullen Realty Group 479-544-9575
Source: ArkansasOne MLS,MLS#: 1322173
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: None
Lot
- Size: 4.44 Acres
- Features: Central Business District, Cleared, City Lot, Interior Lot, Not In Subdivision, None, Level
- Topography: Level
Details
- Additional parcels included: 81529800040, 81529800030
- Parcel number: 81529800060
- Special conditions: None
- Wooded area: 0
Utilities & green energy
- Sewer: Not Connected (nearby), Public Sewer
- Water: Not Connected (nearby), Public
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Springdale Outlots
Location
- Region: Springdale
Financial & listing details
- Tax assessed value: $179,600
- Annual tax amount: $5,871
- Date on market: 9/20/2025
- Cumulative days on market: 246 days
- Electric utility on property: Yes
Estimated market value
$256,300
$213,000 - $305,000
$1,160/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $1,650,000-1.7% |
Source: | ||
| 9/21/2025 | Listed for sale | $1,677,997+858.9% |
Source: | ||
| 1/14/2020 | Listing removed | $175,000 |
Source: Keller Williams Realty Fayetteville #1136429 Report a problem | ||
| 1/3/2020 | Pending sale | $175,000 |
Source: Keller Williams Realty Fayetteville #1136429 Report a problem | ||
| 1/3/2020 | Listed for sale | $175,000+243.1% |
Source: Keller Williams Realty Fayetteville #1136429 Report a problem | ||
| 4/20/2004 | Sold | $51,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,499 +8.5% | $28,938 +8.3% |
| 2024 | $1,381 +9.1% | $26,712 +9.1% |
| 2023 | $1,266 +7.9% | $24,486 +10% |
| 2022 | $1,173 | $22,260 |
| 2021 | $1,173 | $22,260 |
| 2020 | -- | $22,260 +47.6% |
| 2019 | $457 +2.9% | $15,080 |
| 2018 | $445 +1.7% | $15,080 |
| 2017 | $437 | $15,080 |
| 2016 | $437 | $15,080 |
| 2015 | $437 | $15,080 -17.9% |
| 2014 | $437 -28.2% | $18,370 |
| 2013 | $609 | $18,370 |
| 2012 | $609 | $18,370 |
| 2011 | -- | $18,370 |
| 2010 | -- | $18,370 -4.8% |
| 2009 | $980 +8.2% | $19,301 +8.2% |
| 2008 | $906 +18.9% | $17,834 +21.6% |
| 2007 | $762 | $14,670 |
| 2006 | -- | -- |
| 2005 | -- | $14,670 -41.6% |
| 2004 | -- | $25,140 |
| 2003 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 72762
Nearby schools
GreatSchools rating
- 6/10Thurman G. Smith Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Central Junior High SchoolGrades: 8-9Distance: 0.8 mi
- 6/10Har-Ber High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: Springdale
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arkansas
- Washington County
- Springdale
- 72762
- 718 N 40th St





