TL;DR: To buy the HWY 49 Storage Facility in Springdale, Arkansas, start by calling listing agent Cameron Torabi of Mason Capital Group at 479-925-3333. The 7.92-acre parcel at 3936 S 48th Street is priced at $2,500,000. Review the approved mini-storage plans, verify zoning with the city, then submit a written offer. Per the listing, the plans and development rights convey at closing.
How do I make an offer on the HWY 49 Storage Facility?
You make an offer by working through a short sequence that starts with a call to the listing agent and ends with a signed purchase contract.
The sequence below fits this listing, a commercial land parcel with an approved plan set. Your attorney should confirm every contract term.
- Call Cameron Torabi at 479-925-3333 to confirm the site is available and to request the financial details and the full approved plan set the listing offers.
- Schedule a site visit at 3936 S 48th Street, the corner parcel next to the I-49 on/off ramp at Don Tyson Parkway.
- Read the approved mini-storage plans and decide whether they fit your program.
- Confirm zoning and permitted uses with the City of Springdale planning department, because the listing does not state a zoning classification.
- Decide whether to ask for the 5 adjacent acres that the listing says are available for negotiation.
- Submit a written offer through the listing agent, then complete due diligence under the contract timeline.
- Close, at which point the listing says the plans and development rights convey to you.
What does the seller convey at closing?
According to the listing, the seller conveys the 7.92-acre parcel together with the approved plans and the development rights tied to them.
The listing describes the seller as having finalized approval for a mini-storage facility. That is the feature that separates this site from a plain land purchase, so it deserves the closest reading in your contract.
Ask your attorney to confirm in writing how the approvals transfer, whether any conditions or deadlines attach to them and what the seller will deliver at closing. The listing does not answer those questions, and a buyer should not assume them.
What due diligence should I do on a commercial land purchase in Springdale?
Start with zoning, because the listing does not state a classification; zoning is to be confirmed with the City of Springdale planning department.
Then work through the rest of the file in this order:
- Zoning and permitted uses, confirmed with the planning department rather than assumed from the approval.
- The approval itself: its scope, its conditions and any expiration terms.
- A current survey that confirms the acreage and the dual street frontage.
- Title, access and any easements.
- Utilities, drainage and flood status, none of which the listing describes.
- Property taxes, which the listing does not state.
- Your own market study, since the listing's storage-demand reasoning is general and names no source, so it is not a feasibility report.
The traffic figure of approximately 102,000 vehicles per day is given per the listing. Ask for its source and year before you lean on it.
How is a purchase like this financed, and how long does closing take?
The listing states neither financing terms nor a closing timeline, so both are items to settle with your lender and in the purchase contract.
A $2,500,000 land purchase with a separate construction phase usually involves a conversation with a lender early. Bring the approved plan set to that conversation, because the lender will want to see what you intend to build.
Ask your attorney and tax advisor about the structure of the purchase. Mason Capital Group does not give legal or tax advice.
How does the listing agent help a buyer through the process?
The listing agent coordinates the information, the site visit and the offer, and keeps the transaction moving to closing.
The listing agent here is Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust. Mason Capital Group serves Northwest Arkansas with brokerage, development, property management and investment advisory under one roof, so a buyer who plans to build can talk about the development path in the same conversation as the purchase. Read more about Cameron Torabi and the firm's background.
The record behind that advice is $2.4B+ in cumulative transaction activity (estimated combined personal, team and affiliated-brokerage activity over 30+ years; not independently verified; not indicative of current assets under management or future results), and 30+ years of Northwest Arkansas real estate expertise. Commercial and land listings also syndicate through the CoStar network (LoopNet, Land.com and affiliated marketplaces), Crexi and full MLS syndication, which is one way buyers find a site like this one in Springdale.
Frequently asked questions
How do I make an offer on commercial land in Springdale, Arkansas?
You make an offer in writing through the listing agent after you have toured the site, reviewed the plans and checked zoning. For the HWY 49 Storage Facility, call Cameron Torabi at 479-925-3333 first, then have your attorney review the purchase contract before you sign.
What should I check before buying a mini-storage site?
Check zoning, the scope and conditions of the approval, the survey, title, utilities, flood status, taxes and your own demand study. The listing states no zoning classification, and zoning is to be confirmed with the City of Springdale planning department, so begin there and keep every answer in writing.
How long does closing take on the HWY 49 Storage Facility?
The listing does not give a closing timeline, so the length is set in the purchase contract. Ask the listing agent what the seller prefers, then agree a diligence period that gives your attorney, lender and surveyor enough time to finish their work.
Who should I call to buy commercial land in Springdale, AR?
Call Cameron Torabi at Mason Capital Group, 479-925-3333. The firm's brokerage service works with buyers as well as sellers of commercial property and land across Northwest Arkansas. On the HWY 49 Storage Facility the firm is the listing brokerage, so ask at the outset how representation works on this purchase.
Do the approved plans really come with the property?
Per the listing, the plans and development rights convey at closing. Confirm that in your contract, ask for the full plan set before you make an offer, and have your attorney check how the approval transfers and whether any conditions attach.
How do I schedule a site visit for the HWY 49 Storage Facility?
Call 479-925-3333 and ask for Cameron Torabi, the listing agent. The listing invites buyers to schedule a site visit and to request financial details and the approved plan set. The parcel is a corner site beside the I-49 on/off ramp at Don Tyson Parkway.
Is financing available for this site?
The listing does not state financing terms or seller financing. Ask the listing agent whether the seller has a preference, and speak with your own lender about a land and construction loan, bringing the approved plan set so the lender sees the planned facility.
To see the site, request the financial details or receive the approved plan set, call 479-925-3333 or contact Mason Capital Group through the website, and browse other featured listings while you plan your visit.
About the author: Cameron Torabi, Principal Broker — Mason Capital Group. 30+ years of Northwest Arkansas real estate expertise; $2.4B+ in cumulative transaction activity.
Estimated figure reflecting combined personal, team, and affiliated-brokerage transaction and development activity across Northwest Arkansas over a 30+ year career. Based on internal estimates; not independently verified. Not indicative of current assets under management or future results.