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Multi-Building Flex Space
For Sale
$2,000,000

2101 Arkhola Drive, Springdale, AR 72764

CommercialSale, Springdale, AR

Property Size20,220 SF
Lot Size1.49 Acres
Price / SF$98.91
Days on Market302

Property Features for 2101 Arkhola Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Parking features Parking Lot
Appliances GasWaterHeater
Lot features City Lot, Industrial Park
Directions From Don Tyson Pkwy, turn left on S Thompson St. Go right on 412/W Robinson Ave. Turn right on S Arkola Dr. Turn left and the property will be on your left.
Standard status Active
APN 815-29278-000
Size 20,220 SF
Lot size 1.49 Acres

Taxes and HOA fees

Tax Description Pt Nw1/4,Nw1/4, S12-T17-R30
Tax Annual Amount 7433
Legal Description Pt Nw1/4,Nw1/4, S12-T17-R30

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Ductless (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1965
Flooring type Tile
Building materials Block, MetalSiding, Concrete
Roof type Asphalt, Shingle, Metal
Listing Agency: Engel & Volkers Springdale
Listed By: Leigh Verucchi · License #SA00092172
Added: Dec 8, 2025 Changed: Sep 15 Last Checked: Oct 6 at 2:06PM
MLS# 1330007

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.

Investment Insights

Based on property information with market context.

This I-2-zoned flex property includes three separate buildings totaling 20,220 square feet on 1.49 acres. The improvements provide a combination of office, warehouse, and manufacturing space, including a 7,839-square-foot office/warehouse building, an approximately 11,301-square-foot Morton warehouse/manufacturing building with partial heating, and a 1,080-square-foot warehouse/office building.

Located at 2101 Arkhola Drive in Springdale, the property is near George's Inc., Downtown Springdale, and Hwy 71B. Site features include a parking lot, public water, public sewer, natural gas and ductless heating, electric cooling, and a mix of block, metal siding, and concrete construction. The main building was constructed in 1965.

Key Highlights

  • Three‑building flex property totaling 20,220 square feet on 1.49 acres
  • 7,839‑square‑foot office/warehouse building
  • Approximately 11,301‑square‑foot Morton warehouse/manufacturing building with partial heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$123,812
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,476,240 $2.5M
Cap Rate 7%
$1,768,743 $1.8M
Cap Rate 9%
$1,375,689 $1.4M
Market Conditions
NOI Build-Up for 20,220 SF
Gross rent
$162.6K $8.04/SF
− Vacancy
−$16.9K −$0.84/SF
EGI
$145.7K $7.20/SF
− OpEx
−$21.8K −$1.08/SF
NOI
$123.8K $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%
$2,476,240
Cap Rate 7%
$1,768,743
Cap Rate 9%
$1,375,689

Alternative Uses

Best Use
Warehouse
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,812 @ 7.0% cap · market cap 6.19%
Second Best
Industrial
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,214 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$5.43M
$4.75M – $6.33M (±1% cap)
NOI $379,916 @ 7.0% cap · market cap 19.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
Balanced
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

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
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Similar Off Market Nearby

  • Tim's Chicken Wings and Things — 835 71 Plaza Ct, Springdale, AR 72764
  • iBarratend — 1321 W Sunset Ave suite a, Springdale, AR 72764, United States

Frequently Asked Questions

What type of property is this?
Flex space - I-2-zoned property combining office, warehouse, and manufacturing areas across multiple buildings.
Where is this flex space located?
The property is located at 2101 Arkhola Drive Springdale, AR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Three‑building flex property totaling 20,220 square feet on 1.49 acres; 7,839‑square‑foot office/warehouse building; Approximately 11,301‑square‑foot Morton warehouse/manufacturing building with partial heating
More about this property
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