Flex Building with Two Bay
2763 E Robinson Ave Springdale, AR 72764
2763 E Robinson Ave, Springdale, AR, 72764
$1,200,000
For Sale
$1,200,000
Flex building with 2 oversized bay doors, 16' minimum wall height, and about 35–40 parking spaces.
Property Size7,200 SF
Price / SF$166.67
Days on Market71
Property Features for 2763 E Robinson Ave
General Information
- Standard status
- Active
- Size
- 7,200 SF
Listing agency
Focus Commercial Real Estate
(479) 466-8499
Listed by
Palmer Hays · License #AR00088334
(479) 466-8499
Source
Exprealty
Added: May 13 Updated: Jul 21 at 3:11PM Checked: Jul 21 at 3:11PM
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 Focus Commercial Real Estate
Investment Insights
Based on property information with market context.
This approximately 7,200 SF flex building includes about 1,500 SF of office space and warehouse/flex areas. Office improvements feature a reception area, breakroom, three private offices, and two restrooms. The building is equipped with two oversized bay doors sized 24' x 14', along with 16' minimum wall height and 19' peak height.
On-site parking is approximately 35–40 spaces, and the property is described as being along the Highway 412 corridor, about 5.2 miles from Interstate 49. An existing income-producing tenant, Twice the Ice, is located within the parking lot area, and the lease is stated to convey with the sale on a month-to-month basis, generating $600 per month.
On-site parking is approximately 35–40 spaces, and the property is described as being along the Highway 412 corridor, about 5.2 miles from Interstate 49. An existing income-producing tenant, Twice the Ice, is located within the parking lot area, and the lease is stated to convey with the sale on a month-to-month basis, generating $600 per month.
Key Highlights
- ±7,200 SF flex building with office space of ±1,500 SF plus reception, breakroom, three private offices, and two restrooms
- 2 oversized bay doors measuring 24' x 14' each
- Warehouse clear heights: 16' minimum wall height and 19' peak height
Local Financial Insights For Office B
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 | $155.5k | $21.60 |
| − Vacancy | −$10.6k | −$1.47 |
| EGI | $144.9k | $20.13 |
| − OpEx | −$36.2k | −$5.03 |
| NOI | $108.7k | $15.10 |
7,200 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,708 @ 7.0% cap · market cap 9.06%
Second Best
Warehouse
$629.8K
$551.1K – $734.8K
NOI $44,088 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,282 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Aarons Hail Repair ...
Auto Repair Shop
Oxotic Nwa Supercar ...
Travel Agency
Carbon & Chrome
Car Dealership
Dent Source LLC
Auto Repair Shop
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FAQs
What type of property is this?
Flex space - Flex building with 2 oversized bay doors, 16' minimum wall height, and about 35–40 parking spaces.
Where is this flex space located?
The property is located at 2763 E Robinson Ave Springdale, AR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: ±7,200 SF flex building with office space of ±1,500 SF plus reception, breakroom, three private offices, and two restrooms; 2 oversized bay doors measuring 24' x 14' each; Warehouse clear heights: 16' minimum wall height and 19' peak height
