Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2988 W Huntsville Ave Springdale, AR 72762

    Sponsored
    For Sale
    $1,090,000

    Retail - Springdale, AR

    Type:Retail
    Property size:
    4,320 SF
    Lot size:
    0.46 Acres
    Days on Market:
    289
    Last Refresh:
    Feb 5 at 7:06 pm

    Property Features for 2988 W Huntsville Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    815-33994-000
    Size
    4,320 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2006
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Joseph

    Weichert Realtors, the Griffin Company (479) 268-5500

    Listing agent Tom Joseph (479) 756-1003

    Listing date Apr 23, 2025

    MLS# 1305598 Listing URL

    Copyright © 2026 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Springdale Retail/Office Building For Sale

    This well-maintained building, located approximately 1.5 miles east of I-49 along the North side of Huntsville Rd., offers a newer finish out across its three suites. Situated just West of Central Junior High, the property benefits from solid traffic and convenient regional access, making it ideal for service-oriented tenants or an owner-occupant. The low-maintenance building features a metal roof, glass front, and a large concrete parking area in front. The property is currently used as office and retail space. Owner financing is available with terms that include 25% down, 3-5 years interest only with 20 year amortization at 6% interest; terms may be flexible. Current tenants are on a month-to-month basis. The building has a size of 4,320 square feet and is situated on a 0.46-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lucas Capital Group Financial Advisor Enhanced Healthcare of the Ozarks Medical Clinic John L. Keller, ... Alternative Medicine Practice Keller Chiropractic Clinic Alternative Medicine Practice Leah Carrington Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.163675
    Latitude
    36.189682

    Nearby Similar for Sale

    • New
      $299,762
      996 SF

      Downtown Springdale Office/Retail Opportunity

      Versatile office or retail space in historic downtown Springdale.
      311 S Main St, Springdale, AR 72764
      View Details
    • $665,000
      4,096 SF

      Remodeled Fourplex in East Springdale

      Recently remodeled fourplex with updated features, ideal for investment.
      1407 A B C D Oriole St, Springdale, AR 72764
      View Details
    • $585,000
      2,672 SF

      Multi-Unit House on 4.5 Acres

      Property with rental income potential on 4.5 acres.
      12214 Kenneth Price Rd, Springdale, AR 72762
      View Details
    • $235,000
      1,717 SF

      Springdale Commercial Investment Opportunity

      Commercial space or duplex remodel opportunity in a desirable Springdale location.
      1100 E Huntsville Ave, Springdale, AR 72764
      View Details
    • $2,450,000
      7,200 SF

      Medical/Dental Clinic in Springdale, AR

      Two-level medical clinic with expansion potential on a 1.61-acre lot.
      513 N Shiloh St, Springdale, AR 72764
      View Details
    • $2,225,000
      20,220 SF

      Springdale Warehouse Investment Opportunity

      Versatile industrial property with multiple buildings in prime location.
      2101 Arkhola Dr, Springdale, AR 72764
      View Details
    • $2,225,000
      20,220 SF

      Springdale Commercial Investment Opportunity

      Multiple buildings suitable for industrial, storage, manufacturing, or commercial operations.
      2101 Arkhola Dr, Springdale, AR 72764
      View Details
    • Contact for pricing
      130 SF

      Springdale Office Space For Sale

      Office space for sale in Springdale, near I-49.
      6801 Isaac's Orch Rd, Springdale, AR 72762
      View Details
    • Contact for pricing
      2,204 SF

      Springdale Office Space Available

      Professional office space in Springdale Business Park, convenient location.
      3291 S Thompson St, Springdale, AR 72764
      View Details
    • New
      $199,900
      1,236 SF

      Springdale Office with Open Area

      Office space in Springdale with open area and multiple rooms.
      709 W Meadow Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      2,000 SF

      Springdale Warehouse with Fenced Yard

      2,000 SF warehouse with fenced yard near Hwy 412.
      2757 E Robinson Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      2,000 SF

      Springdale Office/Retail Space Available

      Prime 2,000 SF office/retail space in Springdale, Arkansas.
      7321 Sunset Ave, Springdale, AR 72762
      View Details

    FAQs

    What type of property is this?
    Retail space - Well-maintained retail/office building with flexible owner financing options.
    Where is this retail space located?
    The property is located at 2988 W Huntsville Ave Springdale, AR.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - Rare non-recourse loan available with owner financing; - Well-located office building, approximately 1.5 miles east of I-49; - Low maintenance building with metal roof and large concrete parking area
    (479) 756-1003
    Request Owner's contact information
    2988 W Huntsville Ave Springdale, AR 72762
    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.
    2988 W Huntsville Ave
    Springdale, AR 72762
    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
    2988 W Huntsville Ave Springdale, AR 72762
    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

    We can help!
    Listing Contact
    Tom Joseph
    (479) 756-1003
    Learn more
    Google sign-in failed. Please try again or use another login method.