Mixed-Use Property with
For Sale
$499,999
Pending
1224 Huntsville Avenue, Springdale, AR 72764
CommercialSale, Springdale, AR
Property Size4,609 SF
Lot Size0.82 Acres
Days on Market1269
Property Features for 1224 Huntsville Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi Family
Parking
10
Security features
Security
Exterior features
Storage
Appliances
GasWaterHeater
Lot features
Central Business District, City Lot
Directions
Located between Highway 71B and I-49- Huntsville road by Springdale High School
Standard status
Pending
APN
815-28061-000
Size
4,609 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Description
A PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION THIRTY-FIVE,
Tax Annual Amount
2734
Legal Description
A PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION THIRTY-FIVE,
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1949
Floors in Building
2
Flooring type
Wood
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Keller Williams Market Pro Realty · Keller Williams Realty
(479) 718-2800
Listed By:
Mel Reed · License #EB00055975
(479) 957-3307
Added: Apr 19, 2023
Changed: Aug 19
Last Checked: Oct 8 at 4:06AM
MLS# 1244011
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines a 1949 main residence with a separate rear building on 0.82 acres. The 4,609-square-foot property includes a three-bedroom main house with hardwood flooring, a deck, and an outdoor kitchen on the patio. Central heating and cooling, a gas water heater, shingle roofing, public water, and public sewer are also present.
Located at 1224 Huntsville Avenue in Springdale, the property carries commercial, multifamily, and residential zoning. The rear building includes storage and is identified for potential light manufacturing, office, pet grooming, medical office, counseling, retail, multifamily, and other uses.
Located at 1224 Huntsville Avenue in Springdale, the property carries commercial, multifamily, and residential zoning. The rear building includes storage and is identified for potential light manufacturing, office, pet grooming, medical office, counseling, retail, multifamily, and other uses.
Key Highlights
- 0.82‑acre mixed‑use property in Springdale
- 4,609 square feet with a 1949 main house and separate rear building
- Three‑bedroom main residence with hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,079
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,580
$641.6K
Cap Rate 7%
$458,271
$458.3K
Cap Rate 9%
$356,433
$356.4K
Market Conditions
NOI Build-Up for 4,609 SF
Gross rent
$55.3K $12.00/SF
− Vacancy
−$4.0K −$0.86/SF
EGI
$51.3K $11.14/SF
− OpEx
−$19.2K −$4.18/SF
NOI
$32.1K $6.96/SF
Area
Washington County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,580
Cap Rate 7%
$458,271
Cap Rate 9%
$356,433
Alternative Uses
Best Use
Office B
$994.1K
$869.9K – $1.16M
NOI $69,589 @ 7.0% cap · market cap 13.92%
Second Best
Mixed Use
$458.3K
$401.0K – $534.7K
NOI $32,079 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,599 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 72764, AR
60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial, multifamily, and residential zoning complements a main home and separate rear building.
Where is this mixed-use property located?
The property is located at 1224 Huntsville Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 0.82‑acre mixed‑use property in Springdale; 4,609 square feet with a 1949 main house and separate rear building; Three‑bedroom main residence with hardwood floors
