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Office Unit with Reception Area
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1916 W Sunset Ave, Springdale, AR 72762

Layout includes three offices, a generous reception area, and dedicated workspace.

Property Size1,250 SF
Price / SF$0.01
Days on Market94

Property Features for 1916 W Sunset Ave

General Information

Standard status Active
Size 1,250 SF
Property subtype Commercial

Building Details

Year Built 1976
Listing Agency: Synergy Realty Group, LLC
Listed By: Brooke Hernandez
Source: District3
Added: Jul 19 Changed: Oct 19 Last Checked: Oct 19 at 7:15AM

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 Synergy Realty Group, LLC

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Investment Insights

Based on property information with market context.

This 1,250-square-foot office unit offers a practical layout with three offices, a large reception area, and additional workspace. The property was built in 1976 and is located at 1916 W Sunset Ave in Springdale, Arkansas.

The office is positioned just off West Sunset Ave, providing a straightforward address for business operations and client access.

Key Highlights

  • 1,250‑square‑foot office unit
  • Three offices within the existing layout
  • Large reception area for visitors and front‑office functions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,873
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,460 $377.5K
Cap Rate 7%
$269,614 $269.6K
Cap Rate 9%
$209,700 $209.7K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$27.0K $21.60/SF
− Vacancy
−$1.8K −$1.47/SF
EGI
$25.2K $20.13/SF
− OpEx
−$6.3K −$5.03/SF
NOI
$18.9K $15.10/SF
Area
Washington County, AR
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,460
Cap Rate 7%
$269,614
Cap Rate 9%
$209,700

Alternative Uses

Best Use
Office B
$269.6K
$235.9K – $314.6K (±1% cap)
NOI $18,873 @ 7.0% cap · market cap 111,017.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.5K
$293.6K – $391.4K (±1% cap)
NOI $23,486 @ 7.0% cap · market cap 138,152.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

FASTSIGNS (Bike/Boat/Book/etc) Store Changes Counseling LLC Counselor

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Plumbing Service Garden Center Grocery & Convenience Store

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

771
Businesses Nearby

Demographics for 72762, AR

42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Layout includes three offices, a generous reception area, and dedicated workspace.
Where is this office unit located?
The property is located at 1916 W Sunset Ave Springdale, AR.
What are key features of this property?
This property features: 1,250‑square‑foot office unit; Three offices within the existing layout; Large reception area for visitors and front‑office functions
More about this property
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