Highway Frontage Commercial
2103 S Thompson Street Springdale, AR 72764
2103 S Thompson Street, Springdale, AR, 72764
$775,000
For Sale
$775,000
Commercial property with highway frontage in high-traffic area.
Property Size3,072 SF
Lot Size0.68 Acres
Price / SF$252.28
Days on Market487
Property Features for 2103 S Thompson Street
General Information
- Standard status
- Active
- Size
- 3,072 SF
- Lot size
- 0.68 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing Agency
Collier & Associates
(501) 207-2565
Listed by
Grace Bradford · License #SA00095941
(501) 207-2565
Source
Exitrealty
Added: Mar 20, 2025 Checked: Jul 17 at 10:28 pm
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 Collier & Associates
Investment Insights
Based on property information with market context.
This commercial property features a 3,380 sq. ft. building on a 0.68-acre lot with 123 feet of highway frontage and C2 zoning. It includes 14’ ceilings, a large backroom, a drive-thru door/window, an office space, and two restrooms (one full, one half). The property has two access points and 16 front parking spaces. A back green space allows for potential expansion or additional parking. Located in a high-traffic area near Walmart, Dollar General, Aldi, Walgreens, and other businesses. The property's acreage may be subdivided, with a portion sold to the neighboring business. Contact the city for zoning approvals, variances, or CUPs.
Key Highlights
- Highway frontage (123 feet) in a high‑traffic location.
- C2 zoning suitable for commercial use.
- 3,380 sq. ft. building with 14’ ceilings.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.3k | $18.00 |
| − Vacancy | −$3.6k | −$1.19 |
| EGI | $51.6k | $16.81 |
| − OpEx | −$15.5k | −$5.04 |
| NOI | $36.2k | $11.77 |
3,072 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$516.5K
$451.9K – $602.6K
NOI $36,153 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$824.6K
$721.5K – $962.0K
NOI $57,720 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Commercial property with highway frontage in high-traffic area.
Where is this storefront property located?
The property is located at 2103 S Thompson Street Springdale, AR.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Highway frontage (123 feet) in a high‑traffic location.; C2 zoning suitable for commercial use.; **3,380 sq. ft. building with 14’ ceilings.**
