Flex Space with Shop and
107 W Apple Blossom Avenue, Springdale, AR 72745
For Sale
$725,000
A level corner parcel fronts two streets and connects with I-49, Highway 71B, and Highway 265.
Property Size2,160 SF
Lot Size2.16 Acres
Price / SF$335.65
Days on Market27
Property Features for 107 W Apple Blossom Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Land
Topography
Land Use
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
shop space
heated office
Storage
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Keller Williams Market Pro Realty Branch Office
(479) 657-6797
Listed By:
Harris Group
(479) 295-0290
Source:
Beaverlakerealty
Added: Oct 12
Changed: Nov 6
Last Checked: Nov 6 at 6:24PM
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 Keller Williams Market Pro Realty Branch Office
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Investment Insights
Based on property information with market context.
Built in 1978, the 2,160-SF flex property has a Quonset-style structure with shop space and a heated office. The site covers approximately 2.16 acres and is level and cleared, with frontage on Apple Blossom Avenue and Walden Street.
I-49, Highway 71B, and Highway 265 provide regional connections from the property. The existing building and corner-site configuration are the principal physical features.
I-49, Highway 71B, and Highway 265 provide regional connections from the property. The existing building and corner-site configuration are the principal physical features.
Key Highlights
- 2.16‑acre level, cleared corner site
- 2,160‑SF Quonset‑style building with shop space and a heated office
- Frontage on Apple Blossom Avenue and Walden Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,889
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,780
$437.8K
Cap Rate 7%
$312,700
$312.7K
Cap Rate 9%
$243,211
$243.2K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$36.3K $16.80/SF
− Vacancy
−$2.6K −$1.21/SF
EGI
$33.7K $15.59/SF
− OpEx
−$11.8K −$5.46/SF
NOI
$21.9K $10.13/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,780
Cap Rate 7%
$312,700
Cap Rate 9%
$243,211
Alternative Uses
Best Use
Flex RnD
$312.7K
$273.6K – $364.8K
NOI $21,889 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$116.1K
$101.6K – $135.5K
NOI $8,129 @ 7.0% cap · market cap 1.12%
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K
NOI $41,551 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72745, AR
13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Springdale, AR
Properties on Market for Flex space in Springdale
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A level corner parcel fronts two streets and connects with I-49, Highway 71B, and Highway 265.
Where is this flex space located?
The property is located at 107 W Apple Blossom Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2.16‑acre level, cleared corner site; 2,160‑SF Quonset‑style building with shop space and a heated office; Frontage on Apple Blossom Avenue and Walden Street
