Unlock the potential of this 9.89-acre prime development tract perfectly situated off Wallis Road in the heart of Cave Springs. Located directly across from the prestigious Shadow Valley community, this gently rolling, partially wooded acreage offers a high-end suburban canvas for builders and investors alike. The property sits within the sought-after Bentonville School District, ensuring long-term value and high demand for future residential projects. With paved road frontage and a strategic location near the Hwy 112 corridor, you are minutes away from the shopping, dining, and employment hubs of Northwest Arkansas. This is a rare opportunity to secure a significant footprint in one of the region’s most rapidly appreciating areas. Secure your stake in the future of Cave Springs today.
Lot/land
$1,250,000
W Wallis Rd, Cave Springs, AR 72718
--beds
--baths
9.89Acres
Unimproved Land
Built in ----
9.89 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Paved road frontage
- 166 days |
- 127 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 07:46am
Listed by:
Hugh Lumpkin 479-756-1003,
The Griffin Company Commercial Division-Springdale 479-268-5500
Source: ArkansasOne MLS,MLS#: 1324315
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Partial
Lot
- Size: 9.89 Acres
- Features: Near Golf Course, Rolling Slope, Split Possible
- Topography: Rolling
Details
- Additional parcels included: 0510092004, 0510092009, 0510092002, 0510092014, 05100920015
- Parcel number: 0510092006
- Special conditions: None
- Wooded area: 8
Utilities & green energy
- Water: Well Needed
Community & HOA
Community
- Features: Suburban
- Subdivision: Cave Spgs
Location
- Region: Cave Springs
Financial & listing details
- Tax assessed value: $85,000
- Annual tax amount: $286
- Date on market: 10/3/2025
- Cumulative days on market: 166 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Listed for sale | $1,250,000 |
Source: | ||
| 6/28/2025 | Listing removed | $1,250,000 |
Source: | ||
| 1/7/2025 | Listed for sale | $1,250,000 |
Source: | ||
| 9/30/2024 | Listing removed | $1,250,000 |
Source: | ||
| 6/7/2024 | Listing removed | -- |
Source: | ||
| 12/29/2023 | Listed for sale | $1,250,000-2.5% |
Source: | ||
| 10/27/2023 | Listing removed | -- |
Source: | ||
| 6/14/2022 | Listed for sale | $1,282,000+158367.2% |
Source: | ||
| 10/23/2012 | Sold | $809+59.6% |
Source: Public Record Report a problem | ||
| 3/17/2005 | Sold | $507 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $286 +7.1% | $17,000 +107.3% |
| 2023 | $267 +8.3% | $8,200 |
| 2022 | $246 +9.2% | $8,200 |
| 2021 | $226 +8.8% | $8,200 +141.2% |
| 2020 | $207 -4.3% | $3,400 |
| 2019 | $217 +4.5% | $3,400 |
| 2018 | $207 | $3,400 |
| 2017 | $207 -0.2% | $3,400 |
| 2016 | $208 | $3,400 |
| 2015 | $208 +3.5% | $3,400 |
| 2014 | $201 +5.4% | $3,400 |
| 2013 | $190 | $3,400 |
| 2012 | -- | $3,400 -50% |
| 2010 | -- | $6,800 |
| 2009 | -- | $6,800 |
| 2008 | -- | $6,800 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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.
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Neighborhood: 72718
Nearby schools
GreatSchools rating
- 8/10Evening Star Elementary SchoolGrades: K-4Distance: 1.4 mi
- 9/10J. William Fulbright Junior High SchoolGrades: 7-8Distance: 3 mi
- 8/10Bentonville High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- District: Bentonville
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 72718
- Arkansas
- Benton County
- Cave Springs
- 72718
- W Wallis Rd



