Automotive Property with
For Sale
$620,000
2305 Thompson Street, Springdale, AR 72764
Flat commercial site with a functional building, vehicle parking, and outdoor storage.
Property Size3,000 SF
Price / SF$206.67
Days on Market51
Property Features for 2305 Thompson Street
General Information
Standard status
Active
Size
3,000 SF
Site & Location
Traffic Count
26,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Land
Topography
flat
Entitled
Yes
Amenities
outside storage
Building Details
Buildings
1
Listing Agency:
Collier & Associates - Farmington Branch
(479) 274-0977
Listed By:
Amanda Wells · License #EB-76048D1
(479) 799-1638
Source:
Connectrealtynwa
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 8:56AM
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 - Farmington Branch
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 2305 Thompson Street, this automotive-oriented property includes a 3,000 SF building on a flat commercial lot. The site provides multi-car parking and outdoor storage, with an automotive sales business currently operating from the property. The building was previously used for a flea market.
The property fronts Highway 71, across from Tyson offices and Walmart, and sits less than a mile from the Highway 412 intersection. Highway 71 carries more than 26000 cars per day in front of the building. The city has approved a multi-unit building opportunity, while any buyer must determine whether the desired use receives the necessary approval.
The property fronts Highway 71, across from Tyson offices and Walmart, and sits less than a mile from the Highway 412 intersection. Highway 71 carries more than 26000 cars per day in front of the building. The city has approved a multi-unit building opportunity, while any buyer must determine whether the desired use receives the necessary approval.
Key Highlights
- 3,000 SF building on a large, flat lot
- Multi‑car parking and outdoor storage
- Fronts Highway 71 with more than 26000 cars per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,305
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,100
$706.1K
Cap Rate 7%
$504,357
$504.4K
Cap Rate 9%
$392,278
$392.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$3.6K −$1.19/SF
EGI
$50.4K $16.81/SF
− OpEx
−$15.1K −$5.04/SF
NOI
$35.3K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,100
Cap Rate 7%
$504,357
Cap Rate 9%
$392,278
Alternative Uses
Best Use
Retail
$504.4K
$441.3K – $588.4K
NOI $35,305 @ 7.0% cap · market cap 5.69%
Second Best
Industrial
$250.6K
$219.2K – $292.3K
NOI $17,539 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$805.2K
$704.6K – $939.5K
NOI $56,367 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
165k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Shops & Services 25%
Groceries 10%
Dining 9%
Walmart
Superstores
92,138 visits/mo
0.4 miles
Dollar Tree
Shops & Services
21,226 visits/mo
0.3 miles
Aldi
Groceries
16,693 visits/mo
0.3 miles
Arvest Bank
Shops & Services
13,992 visits/mo
0.3 miles
Wendy's
Dining
12,896 visits/mo
0.4 miles
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 Retail in South region
Similar Off Market Nearby
- U-Haul Trailer Hitch Super Center of Springdale — 804 Twin City Ave, Springdale, AR 72764
- U-Haul Neighborhood Dealer — 3011 American St, Springdale, AR 72764
- Trailer Rental at U-Haul — 806 Twin City Ave, Springdale, AR 72764
- Truck Rental at U-Haul — 806 Twin City Ave, Springdale, AR 72764
- U-Haul Moving & Storage of Springdale — 806 Twin City Ave, Springdale, AR 72764
Frequently Asked Questions
What type of property is this?
Automotive property - Flat commercial site with a functional building, vehicle parking, and outdoor storage.
Where is this automotive property located?
The property is located at 2305 Thompson Street Springdale, AR.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 3,000 SF building on a large, flat lot; Multi‑car parking and outdoor storage; Fronts Highway 71 with more than 26000 cars per day
