Add Listing
    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

    697 Highway 264 W Springdale, AR 72764

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    Dealership - Springdale, AR

    Property size:
    416 SF
    Lot size:
    0.40 Acres
    Days on Market:
    37
    Last Refresh:
    Mar 19 at 8:06 am

    Property Features for 697 Highway 264 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    416 SF
    Lot size
    0.40 Acres

    Building Details

    Year built
    1996
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Gene Housley

    Highlands Realty (479) 677-3348

    Listing agent Gene Housley (479) 530-2430

    Listing date Feb 10, 2026

    MLS# 1333557 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Springdale Car Lot Opportunity

    This property, located in Springdale, Arkansas, is currently zoned for use as a car lot, but offers the potential for rezoning depending on the tenant. The property features a newly remodeled interior and exterior. The building provides 416 square feet of space and includes two offices and one bathroom. One of the offices is furnished with new office furniture, which is included with the property. Additionally, there is a storage shed located in the back of the 0.4-acre lot. The office space is move-in ready.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Food Market HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.121255
    Latitude
    36.225451

    Nearby Similar for Sale

    • New
      $619,500
      2,575 SF

      Springdale Mixed-Use Opportunity

      Mixed-use property with commercial and residential potential in Springdale.
      5039 Primrose Rd, Springdale, AR 72764
      View Details
    • $620,000
      3,000 SF

      Highway 71 Commercial Opportunity

      High-visibility location with multi-use potential on Highway 71.
      2305 Thompson St, Springdale, AR 72764
      View Details
    • Contact for pricing
      7,373 SF

      Upscale Retail Development in Springdale

      New retail spaces available in mixed-use development near Highway 412.
      5761 W Sunset Ave, Springdale, AR 72762
      View Details
    • Contact for pricing
      12,722 SF

      Retail Space in Growing Area

      New retail space in a rapidly expanding Springdale submarket.
      1311 S 48Th St, Springdale, AR 72762
      View Details
    • Contact for pricing
      13,651 SF

      Retail Space in Springdale, AR

      Upscale mixed-use development with retail, restaurant, office, and entertainment.
      5653 Gateway Ave, Springdale, AR 72762
      View Details
    • $2,250,000
      7,200 SF

      Springdale Medical/Dental Clinic For Sale

      Two-level medical clinic near Razorback Greenway and downtown Springdale.
      513 N Shiloh St, Springdale, AR 72764
      View Details
    • $440,000
      1,920 SF

      Springdale Church Near I-49

      Well-kept church near I-49, suitable for daycare or office.
      2021 Huntsville Ave, Springdale, AR 72762
      View Details
    • Contact for pricing
      4,387 SF

      Prime Office/Retail Space Available

      Corner unit with TI allowance in high-traffic area.
      7321 Sunset Ave, Springdale, AR 72762
      View Details
    • Contact for pricing
      4,877 SF

      Retail Space in Springdale, AR

      New retail space with high visibility and drive-thru opportunity.
      Elm Springs Rd, Springdale, AR 72762
      View Details
    • Contact for pricing
      6,120 SF

      New Flex Warehouse Space

      New flex warehouse space in Springdale, customizable to tenant needs.
      2303 Worth Ln, Springdale, AR 72764
      View Details
    • $1,125,000
      3,575 SF

      Turnkey Restaurant with Outdoor Dining

      Well-equipped restaurant in prime location with outdoor dining.
      414 Holcomb St, Springdale, AR 72764
      View Details
    • Contact for pricing
      2,091 SF

      Springdale Office Building For Sale

      Professional office space in Springdale with high visibility.
      1801 W Huntsville Ave, Springdale, AR 72762
      View Details

    FAQs

    What type of property is this?
    Car wash - Remodeled car lot with offices and storage in Springdale.
    Where is this car wash located?
    The property is located at 697 Highway 264 W Springdale, AR.
    What is the asking price?
    The asking price for this property is $2,800.
    What are key features of this property?
    This property features: - Newly Remodeled Interior and Exterior; - Zoned for Car Lot (Potential Business Opportunity); - Two Offices, One **Furnished with New Furniture**
    (479) 677-3348
    Request Owner's contact information
    697 Highway 264 W Springdale, AR 72764
    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.
    697 Highway 264 W
    Springdale, AR 72764
    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
    697 Highway 264 W Springdale, AR 72764
    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
    Gene Housley
    (479) 677-3348 (479) 530-2430
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!