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

2101 S Arkola Dr, Springdale, AR 72764

Three-building I-2 site with office, warehouse, and partially heated manufacturing space.

Property Size20,220 SF
Price / SF$98.91
Days on Market318

Property Features for 2101 S Arkola Dr

General Information

Standard status Active
Size 20,220 SF
Zoning I-2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,433
Listing Agency: Engel & Volkers Springdale
Listed By: Leigh Verucchi · License #SA00092172
Source: Exprealty
Added: Dec 8, 2025 Changed: Oct 7 Last Checked: Oct 20 at 11:34PM

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 Engel & Volkers Springdale

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Investment Insights

Based on property information with market context.

This for-sale industrial flex property includes three separate buildings designed to support a mix of office, warehouse, and manufacturing use. One building is approximately 7,839 square feet of office/warehouse space. The Morton warehouse/manufacturing building is partially heated and is approximately 11,301 square feet. A smaller warehouse/office building contains approximately 1,080 square feet.

The property is zoned I-2 and offers a flexible layout across multiple structures. It is located in Springdale, in close proximity to George’s Inc., Downtown Springdale, and Hwy 71B, providing an industrial setting for storage, manufacturing, or commercial operations.

With multiple buildings and varied space types, the site can serve businesses looking for operational space, additional footprint, or an income-producing setup.

Key Highlights

  • Three‑building I‑2 zoned site with office, warehouse, and partially heated manufacturing space
  • Morton warehouse/manufacturing building: approx. 11,301 SF (partially heated)
  • Office/warehouse building: approx. 7,839 SF

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. How Realmo checks its estimates

Property Analytics

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Current Use

Felix Thomson Co Interior Design

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Dental Office Cafe & Coffee Shop Electrical Service

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

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

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 - Three-building I-2 site with office, warehouse, and partially heated manufacturing space.
Where is this flex space located?
The property is located at 2101 S Arkola Dr 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 I‑2 zoned site with office, warehouse, and partially heated manufacturing space; Morton warehouse/manufacturing building: approx. 11,301 SF (partially heated); Office/warehouse building: approx. 7,839 SF
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