Church Building with Office
For Sale
$440,000
2021 W Huntsville Avenue, Springdale, AR 72762
Well-maintained commercial building with shared kitchenette, two restrooms, and a separate additional room.
Property Size1,920 SF
Price / SF$229.17
Days on Market75
Property Features for 2021 W Huntsville Avenue
General Information
Standard status
Active
Size
1,920 SF
Additional Details
Highway Access
Yes
Office Units
2
Listing Agency:
Montgomery Whiteley Realty
(870) 423-2950
Listed By:
Sherry L Mathews · License #SA00083593
(870) 350-6167
Source:
Connectrealtynwa
Added: Jul 31
Changed: Oct 13
Last Checked: Oct 12 at 7:58PM
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 Montgomery Whiteley Realty
Investment Insights
Based on property information with market context.
This 1,920-square-foot church property is currently used for religious services and is configured with two small office areas, a shared kitchenette, two restrooms, and an additional room. Recent improvements include new paint, carpet, flooring, and a roof installed in 10/2024. The building is offered as-is.
The property is located near I-49, restaurants, gas stations, and Walmart, with on-site parking available. Its existing office-style arrangement and support spaces provide a practical layout for continued religious use or other commercial applications supported by the property’s configuration.
The property is located near I-49, restaurants, gas stations, and Walmart, with on-site parking available. Its existing office-style arrangement and support spaces provide a practical layout for continued religious use or other commercial applications supported by the property’s configuration.
Key Highlights
- 1,920‑square‑foot church property
- Two small offices with shared kitchenette
- Two restrooms and an additional room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,989
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,780
$579.8K
Cap Rate 7%
$414,129
$414.1K
Cap Rate 9%
$322,100
$322.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$41.5K $21.60/SF
− Vacancy
−$2.8K −$1.47/SF
EGI
$38.7K $20.13/SF
− OpEx
−$9.7K −$5.03/SF
NOI
$29.0K $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%
$579,780
Cap Rate 7%
$414,129
Cap Rate 9%
$322,100
Alternative Uses
Best Use
Office B
$414.1K
$362.4K – $483.2K
NOI $28,989 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.4K
$450.9K – $601.3K
NOI $36,075 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Well-maintained commercial building with shared kitchenette, two restrooms, and a separate additional room.
Where is this church & religious facility located?
The property is located at 2021 W Huntsville Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,920‑square‑foot church property; Two small offices with shared kitchenette; Two restrooms and an additional room
