Two-Office
For Sale
$440,000
2021 W Huntsville Avenue, Springdale, AR 72762
CommercialSale, Springdale, AR
Property Size1,920 SF
Lot Size0.49 Acres
Price / SF$229.17
Days on Market237
Property Features for 2021 W Huntsville Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Appliances
ElectricWaterHeater
Lot features
City Lot
Directions
From I-49 take exit 73, turn right onto White Rd , continue onto W Huntsville Ave , destination will be on the right (behind donut shop)
Standard status
Active
APN
815-29827-000
Size
1,920 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Description
PT NE SE .2541 A. PT NE SE . 235 A.
Legal Description
PT NE SE .2541 A. PT NE SE . 235 A.
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Metal
Listing Agency:
Montgomery Whiteley Realty
(870) 423-2950
Listed By:
Sherry L Mathews · License #SA00083593
(870) 350-6167
Added: Feb 21
Changed: Oct 12
Last Checked: Oct 16 at 1:06PM
MLS# 1336837
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.
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Investment Insights
Based on property information with market context.
The 1,920-square-foot brick building has been configured as two office areas with a shared kitchenette, two restrooms, and an additional room. Fresh paint and carpet have been completed, and the metal roof was replaced in 10/2024. The property occupies a 0.489-acre lot with a parking lot.
The building is near I-49, restaurants, gas stations, and Walmart. Its most recent use was as a church; earlier use included two small offices.
The building is near I-49, restaurants, gas stations, and Walmart. Its most recent use was as a church; earlier use included two small offices.
Key Highlights
- 1,920‑square‑foot building configured as two office areas
- Shared kitchenette, two restrooms, and an additional room
- Fresh paint and carpet completed
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
248
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Interior configuration includes a shared kitchenette, two restrooms, and an additional room alongside the office areas.
Where is this office units 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 building configured as two office areas; Shared kitchenette, two restrooms, and an additional room; Fresh paint and carpet completed
