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Warehouse Property With Five Buildings

1805 S Pleasant Street, Springdale, AR 72764

For Sale
$3,000,000

Industrial site with multiple standalone structures and existing tenant occupancy in Springdale.

Property Size30,526 SF
Lot Size4.15 Acres
Price / SF$98.28
Days on Market110

Property Features for 1805 S Pleasant Street

General Information

Standard status Active
Size 30,526 SF
Lot size 4.15 Acres

Building Details

Buildings 5
Listing Agency: NWA Real Estate
Listed By: James Mason
Source: Connectrealtynwa
Added: Jul 20 Changed: Oct 25 Last Checked: Nov 6 at 8:53AM

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 NWA Real Estate

Rey
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Investment Insights

Based on property information with market context.

The property comprises 30,526 square feet across five freestanding warehouse buildings on 4.15 acres. The buildings provide a substantial industrial footprint, with some structures occupied by established tenants.

Located at 1805 S Pleasant Street in Springdale, Arkansas, the site is positioned within the Springdale Business District. Its multiple-building configuration supports a range of warehouse and industrial operations while retaining separate structures across the acreage.

Key Highlights

  • 30,526 square feet of warehouse space
  • Five freestanding warehouse buildings
  • 4.15‑acre industrial property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$186,919
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,738,380 $3.7M
Cap Rate 7%
$2,670,271 $2.7M
Cap Rate 9%
$2,076,878 $2.1M
Market Conditions
NOI Build-Up for 30,526 SF
Gross rent
$245.4K $8.04/SF
− Vacancy
−$25.5K −$0.84/SF
EGI
$219.9K $7.20/SF
− OpEx
−$33.0K −$1.08/SF
NOI
$186.9K $6.12/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,738,380
Cap Rate 7%
$2,670,271
Cap Rate 9%
$2,076,878

Alternative Uses

Best Use
Warehouse
$2.67M
$2.34M – $3.12M (±1% cap)
NOI $186,919 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.19M
$7.17M – $9.56M (±1% cap)
NOI $573,557 @ 7.0% cap · market cap 19.12%
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
Open Analytics

Current Use

Simon Groundworks: Utility ... Electric Utility Company Light It Up ... Home Decor Store EverGreen Lawns & Pest ... Landscaping Skelton Bros Inc Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Grocery & Convenience Store Electrical Service Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72764, AR

60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Springdale, AR

$260 Jul
$238 Aug
$177 Sep
$173 Oct

Properties on Market for Warehouses in Springdale

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • American Self-Storage — 3011 American St, Springdale, AR 72764
  • Record Nations — 1900 S Pleasant St A, Springdale, AR 72764
  • Superior Storage - Pleasant 2 — 1742 S Pleasant St, Springdale, AR 72764
  • Superior Storage - Pleasant 1 — 1786 S Pleasant St, Springdale, AR 72764
  • George's feedmill — 300-348 W Robinson Ave, Springdale, AR 72764

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial site with multiple standalone structures and existing tenant occupancy in Springdale.
Where is this warehouse located?
The property is located at 1805 S Pleasant Street Springdale, AR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 30,526 square feet of warehouse space; Five freestanding warehouse buildings; 4.15‑acre industrial property
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