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Flex Space with Shop and Office
New
For Sale
$625,000

107 W Apple Blossom Avenue, Springdale, AR 72745

CommercialSale, Springdale, AR

Property Size2,160 SF
Lot Size2.16 Acres
Price / SF$289.35
Days on Market1

Property Features for 107 W Apple Blossom Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Exterior features Storage
Appliances ElectricWaterHeater
Lot features Corner Lot
Directions From 71B Turn West on Apple Blossom property is on left
Standard status Active
APN 21-00117-000
Size 2,160 SF
Lot size 2.16 Acres

Taxes and HOA fees

Tax Description PT NE NE W924' NE/C NE NE POB THENCE W313.50' S300' E313.50' N300'
Tax Annual Amount 2689
Legal Description PT NE NE W924' NE/C NE NE POB THENCE W313.50' S300' E313.50' N300'

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1978
Flooring type Carpet
Building materials MetalSiding
Roof type Metal
Additional Structures Storage
Listing Agency: Keller Williams Market Pro Realty Branch Office · Keller Williams Realty
Listed By: Harris Group
Added: Oct 12 Last Checked: Oct 12 at 11:06PM
MLS# 1364919

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.

The 2,160-square-foot flex building has a Quonset-style form, metal siding, and a metal roof. Its interior includes shop space and a heated office. The property was built in 1978 and has central heating and air conditioning.

The 2.16-acre parcel is level, cleared, and positioned at the corner of Apple Blossom Avenue and Walden Street. Highway access includes I-49, Highway 71B, and Highway 265.

Key Highlights

  • 2,160‑square‑foot Quonset‑style flex building with shop and heated office
  • 2.16‑acre cleared, level corner parcel
  • Frontage on Apple Blossom Avenue and Walden Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,889
Cap Rate
3.50%
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 (±1% cap)
NOI $21,889 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$116.1K
$101.6K – $135.5K (±1% cap)
NOI $8,129 @ 7.0% cap · market cap 1.30%
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K (±1% cap)
NOI $41,551 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - A metal-sided building pairs work space with a heated office on a cleared corner parcel.
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 $625,000.
What are key features of this property?
This property features: 2,160‑square‑foot Quonset‑style flex building with shop and heated office; 2.16‑acre cleared, level corner parcel; Frontage on Apple Blossom Avenue and Walden Street
More about this property
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