Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Springdale Warehouse with Office Space Title is generated by Realmo AI

    1010 Backus Avenue, Springdale, AR 72764

    View on Map
    Claim this Listing
    For Lease
    $10 SF/Yr $10,053/Mo (calc)

    COMMERCIAL - Springdale, AR

    Property size:
    12,064 SF
    Lot size:
    0.66 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    254
    Last Refresh:
    May 22 at 11:06 am

    Property Features for 1010 Backus Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    12,064 SF
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3732
    Expense value
    9550
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    2010

    We can help!

    Listing Contact
    Palmer Hays

    Listing agent Palmer Hays License #SA00088334

    Listing office Focus Commercial Real Estate 5212 W Walsh Ln Ste 201, Bentonville, AR

    Listing date Sep 11, 2025

    MLS# 1321990

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Flexible loading with 1 grade‑level and 2 dock‑high doors.
    • Modified gross lease simplifies occupancy by eliminating NNN pass‑through costs.
    • Includes approximately 2,000‑3,000 sf of built‑out office space.
    • Total building size of 12,064 sf.
    • Built in 2010.
    • Asking rent of $9.50 psf.

    Overview

    This +/-12,064 square foot warehouse in Springdale, AR, includes approximately 2,000 to 3,000 square feet of built-out office space. The property is situated on a 0.659-acre lot. It features one grade-level bay door and two dock-high doors, offering flexible loading and distribution options. The space is offered on a modified gross lease structure. The property is located at 1010 Backus Avenue, Springdale, AR 72764. The building has a total area of 12,064 square feet. The asking rent is $9.50 per square foot. The property is likely to be available towards the end of October 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hope Distributors Charitable Organization Hope warehouse Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Gray Box Storage — 1806 Lowell Rd, Springdale, AR 72764
    • Pinnacle Carriers — Springdale, AR 72766

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.140994
    Latitude
    36.196254

    Nearby Similar for Lease

    • $14 SF/Yr
      7,000 SF

      Springdale Office/Flex Building For Lease

      7,000 SF office/flex building with Robinson Avenue frontage.
      2081 Dime Drive, Springdale, AR 72764
      View Details
    • $15 SF/Yr
      3,162 SF

      Springdale Retail/Office Building For Rent

      Retail/office building in downtown Springdale with drive-thru potential.
      313 W Meadow Avenue, Springdale, AR 72764
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space on Sunset Avenue

      Retail space with high visibility and ample parking.
      1772 W Sunset, Springdale, AR 72762
      View Details
    • $18 SF/Yr
      7,300 SF

      Springdale Office Suites For Rent

      Efficient office suites in downtown Springdale near major developments.
      800 E Emma Avenue, Springdale, AR 72764
      View Details
    • $18 SF/Yr
      6,194 SF

      Downtown Springdale Retail Space

      Highly visible retail space in the heart of Downtown Springdale.
      321 & 323 E Emma Avenue, Springdale, AR 72764
      View Details
    • $12 SF/Yr
      14,600 SF

      Versatile Industrial Property in Springdale

      Industrial property with office, warehouse, and outdoor storage space.
      1695 Electric Avenue, Springdale, AR 72764
      View Details
    • $23 SF/Yr
      1,806 SF

      Retail Space in Har-Ber Crossing

      Prime retail space in high-traffic Springdale location.
      7321 W Sunset Avenue, Springdale, AR 72762
      View Details
    • $15 SF/Yr
      7,650 SF

      Retail Space on Hwy 71B

      Retail space with frontage on Hwy 71B in Springdale.
      812 N Thompson Street, Springdale, AR 72764
      View Details
    • $14 SF/Yr
      6,000 SF

      Springdale Warehouse with Yard Space

      6,000 SF warehouse on 1.29 acres with yard space.
      1116 Wagon Wheel Road, Springdale, AR 72764
      View Details
    • $29 SF/Yr
      4,877 SF

      Retail Space with Drive-Thru

      New retail space with drive-thru, Springdale, AR, estimated Q4 2026.
      Elm Springs Road, Springdale, AR 72762
      View Details
    • $10 SF/Yr
      4,000 SF

      Springdale Flex Space For Rent

      Flex space in Springdale with drive-in doors and shared dock.
      444 Old Wire Road, Springdale, AR 72764
      View Details
    • $34 SF/Yr
      8,400 SF

      Retail Space in Springdale, AR

      New retail space in a vibrant, accessible downtown location.
      310 Holcomb Street, Springdale, AR 72764
      View Details

    FAQs

    What type of property is this?
    Warehouse - 12,064 SF warehouse with office space for lease.
    Where is this warehouse located?
    The property is located at 1010 Backus Avenue Springdale, AR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Flexible loading with 1 grade‑level and **2 dock‑high doors**.; Modified gross lease simplifies occupancy by eliminating NNN pass‑through costs.; Includes approximately 2,000‑3,000 sf of built‑out office space.
    (479) 466-8499
    We can help!
    Listing Contact
    Palmer Hays
    Real Estate License ID: SA00088334
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1010 Backus Avenue, Springdale, AR 72764
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!