Brick Duplex with
For Sale
$375,000
Pending
1001 Springhill Road, Barling, AR 72923
Two residential units offer three-bedroom, two-bath layouts with fenced outdoor space and full kitchen appliances.
Property Size2,572 SF
Days on Market340
Property Features for 1001 Springhill Road
General Information
Standard status
Pending
Size
2,572 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$2,678
Amenities
covered entryway
fenced backyard
granite countertops
wood look laminate flooring
fridge
tray ceilings
walk-in closet
Central Air, Ceiling Fan(s)
Plumbed
3
Ceramic Tile, Laminate
Walk-in Closets, Window Blinds, Washer Hook Ups
Dishwasher, Electric Appliances, Disposal, Microwave, Range, Refrigerator, Electric Dryer
Alarm -Smoke/Fire
Shingle, Composition Shingle
Privacy Fence, Brick Wall, Wood
Deck
Deck. Fenced Yard.
2 Carports, Garage.
Brick, Vinyl
Level
100x175x100x175
Playground, Park. Curbs Walk, Paved Road, Community Maintenance, Level.
Building Details
Year Built
2015
Construction
brick
Listing Agency:
The Heritage Group Real Estate Co.-Van Buren
(479) 806-5955
Listed By:
The Cluck Graham Team · License #SA00078901
(479) 462-5003
Source:
Xome
Added: Sep 27, 2025
Changed: Aug 30
Last Checked: Aug 31 at 3:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Heritage Group Real Estate Co.-Van Buren
Investment Insights
Based on property information with market context.
Built in 2015, this duplex contains 2,572 square feet with a three-bedroom, two-bath layout in each unit. Both residences feature brick exteriors, covered entries, fenced backyards, and a two-car garage. Interior finishes include granite countertops, wood-look laminate flooring, ceramic tile, tray ceilings in the primary bedrooms, and walk-in closets. Kitchens are equipped with refrigerators and other electric appliances, including dishwashers, disposals, microwaves, ranges, and electric dryers. Washer hookups, central air, ceiling fans, window blinds, and smoke/fire alarms are also provided.
The property is located on Springhill Road in Barling, near a city park, medical college, interstate access, schools, and shopping. The surrounding setting includes paved roads, curbs, sidewalks, a playground, and level terrain. Exterior amenities include decks and privacy fencing, with both garage and carport parking identified in the property details.
The property is located on Springhill Road in Barling, near a city park, medical college, interstate access, schools, and shopping. The surrounding setting includes paved roads, curbs, sidewalks, a playground, and level terrain. Exterior amenities include decks and privacy fencing, with both garage and carport parking identified in the property details.
Key Highlights
- Duplex totaling 2,572 SF with two three‑bedroom, two‑bath units
- Built in 2015
- Each unit includes a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,057
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$341,140
$341.1K
Cap Rate 7%
$243,671
$243.7K
Cap Rate 9%
$189,522
$189.5K
Market Conditions
NOI Build-Up for 2,572 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.2K $10.20/SF
− Vacancy
−$1.9K −$0.73/SF
EGI
$24.4K $9.47/SF
− OpEx
−$7.3K −$2.84/SF
NOI
$17.1K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$341,140
Cap Rate 7%
$243,671
Cap Rate 9%
$189,522
Alternative Uses
Best Use
Multifamily LT 5
$243.7K
$213.2K – $284.3K
NOI $17,057 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$217.6K
$190.4K – $253.9K
NOI $15,231 @ 7.0% cap · market cap 4.06%
Theoretical Best
Healthcare Medical
$547.2K
$478.8K – $638.4K
NOI $38,305 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Explore this area
Business Placement
Demographics for 72923, AR
4,811
Population
2,608
Households
1.8
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
16.4 sq mi
ZIP Area
293
Density / Sq Mi
$52,210
Median Household Income
$36,122
Median Earnings
$893
Median Rent
$125,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom, two-bath layouts with fenced outdoor space and full kitchen appliances.
Where is this duplex located?
The property is located at 1001 Springhill Road Barling, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex totaling 2,572 SF with two three‑bedroom, two‑bath units; Built in 2015; Each unit includes a two‑car garage
