Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2303 Worth Ln, Unit A B C & D Springdale, AR 72764

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr ($9,590 /Mo)

    Newly constructed flex warehouse space in Springdale for rent.

    Property size:
    8,220 SF
    Lot size:
    8,220 SF

    Property Features for 2303 Worth Ln

    General Information

    Standard status
    Active
    Size
    8,220 SF

    Building Details

    Year built
    2023

    We can help!

    Listing Contact
    David Dallas
    Source: Exitrealty

    Listing Agency: Dallas Real Estate Services Listing Agent: David Dallas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Flex Warehouse Space Available

    This newly constructed flex warehouse space is located in Springdale. The property features two grade-level 12' roll-up doors per bay, with 18' sidewalls and a peak height of approximately 21'. Tenants have the option to design office space and restrooms to suit their needs, with a basic Tenant Improvement Allowance included in the base rent. Additional build-out costs are negotiable, depending on the level of finish and lease term, and would be added to the base rent. The building has 4 total bays available, with sizes of 1,920 square feet and 2,100 square feet. These bays can be divided or combined in several combinations, depending on availability at the time of lease. The property is suitable for various commercial real estate purposes, including flex space, industrial use, warehousing, and office units.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    The Pasta Dream

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.116962
    Latitude
    36.16423

    Nearby Similar for Lease

    • $12 SF/Yr
      5,700 SF

      Adaptable Flex Space Available

      Versatile 5,700 SF flex/industrial space in Springdale, AR.
      1820 Ford Ave, Springdale, AR 72764
      View Details
    • $13 SF/Yr

      Retail Space on Sunset Avenue

      Retail space for lease with high visibility and ample parking.
      1772 W Sunset Ave, Springdale, AR 72762
      View Details
    • $18 SF/Yr

      New Retail, Office, Restaurant Space

      New commercial spaces for lease in rapidly developing Springdale corridor.
      2588 E Robinson Ave, Springdale, AR 72764
      View Details
    • $32 SF/Yr

      New Retail/Drive-Thru Corridor

      New construction retail/drive-thru corridor in Har-Ber Meadows.
      6522 W Sunset Ave, Springdale, AR 72762
      View Details
    • $13 SF/Yr

      Retail Space in Springdale

      Retail space with high visibility and easy highway access.
      1880 South Pleasant St, Springdale, AR 72764
      View Details
    • Contact for pricing

      Springdale Flex Space For Rent

      Flex space ideal for retail, office, storage, or fitness.
      3142 W Sunset Ave, Springdale, AR 72762
      View Details
    • $28 SF/Yr
      7,564 SF

      Retail Center with Drive-Thru Opportunities

      Planned retail center with highway frontage and drive-thru.
      895 East Henri De Tonti Blvd, Springdale, AR 72762
      View Details
    • $25 SF/Yr

      Turn-Key Bank Space with Drive-Thru

      Class A office/bank space with drive-thru, easy I-49 access.
      4100 Corporate Center Dr, Springdale, AR 72762
      View Details
    • $12 SF/Yr

      Retail Space on HWY 71B

      Retail property with frontage on HWY 71B and ample parking.
      812 N Thompson St, Springdale, AR 72764
      View Details
    • $22 SF/Yr
      20,962 SF

      Retail Space on Highway 412

      Retail space with highway frontage in rapidly growing Tontitown, Arkansas.
      516 W Henri De Tonti Blvd, Springdale, AR 72762
      View Details
    • $39 SF/Yr
      2,980 SF

      Retail Space on Sunset Avenue

      Retail space available for lease in Springdale, Arkansas.
      7420 W Sunset Ave, Springdale, AR 72762
      View Details
    • $16 SF/Yr

      New Flex Warehouse Building

      New flex warehouse with excellent visibility and access for rent.
      682 White Rd, Springdale, AR 72762
      View Details

    FAQs

    What type of property is this?
    Flex space - Newly constructed flex warehouse space in Springdale for rent.
    Where is this flex space located?
    The property is located at 2303 Worth Ln, Unit A B C & D Springdale, AR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Newly constructed flex warehouse space.; - Design your ideal office space and/or restroom(s).; - Tenant Improvement Allowance included in base rent.
    (479) 251-0300
    Request Owner's contact information
    2303 Worth Ln, Unit A B C & D 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.
    2303 Worth Ln, Unit A B C & D
    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
    2303 Worth Ln, Unit A B C & D 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
    David Dallas
    Real Estate License ID: PB00042452
    (479) 251-0300 (479) 871-2345
    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!