Flex Space with Oversized Bay
For Sale
$1,200,000
Pending
2763 E Robinson Avenue, Springdale, AR 72764
COMMERCIAL - Springdale, AR
Property Size7,200 SF
Lot Size1.00 Acre
Days on Market111
Property Features for 2763 E Robinson Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From I-49, take Exit 72 for US-412/Robinson Ave toward Springdale. Head east on US-412 E / Robinson Ave for approximately 5.2 miles. The property, 2763 E Robinson Ave, will be on your right-hand side in Springdale.
Standard status
Pending
APN
815-30618-000
Size
7,200 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
08-17-29
Legal Description
08-17-29
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2003
Building materials
Steel
Listing Agency:
Focus Commercial Real Estate
(479) 254-7000
Listed By:
Palmer Hays · License #SA00088334
(479) 466-8499
Added: May 6
Changed: Aug 19
Last Checked: Aug 24 at 5:06AM
MLS# 1347367
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 7,200-square-foot steel flex building, constructed in 2003, combines approximately 1,500 square feet of office space with warehouse functionality. The office area includes a reception area, breakroom, three private offices, and two restrooms. Two oversized bay doors measure 24 feet by 14 feet, while the building provides a 16-foot minimum wall height and reaches a 19-foot peak height. Natural gas heating, central air, and public water are in place.
The property is located at 2763 E Robinson Avenue in Springdale, along the Highway 412 corridor and 5.2 miles from Interstate 49. Approximately 35 to 40 parking spaces serve the building. An existing Twice the Ice tenant occupies an area within the parking lot, and its month-to-month lease conveys with the sale.
The property is located at 2763 E Robinson Avenue in Springdale, along the Highway 412 corridor and 5.2 miles from Interstate 49. Approximately 35 to 40 parking spaces serve the building. An existing Twice the Ice tenant occupies an area within the parking lot, and its month-to-month lease conveys with the sale.
Key Highlights
- Approximately 7,200 SF flex building on 1 acre
- Two bay doors measuring 24' x 14'
- 16' minimum wall height and 19' peak height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,088
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,760
$881.8K
Cap Rate 7%
$629,829
$629.8K
Cap Rate 9%
$489,867
$489.9K
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$57.9K $8.04/SF
− Vacancy
−$6.0K −$0.84/SF
EGI
$51.9K $7.20/SF
− OpEx
−$7.8K −$1.08/SF
NOI
$44.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,760
Cap Rate 7%
$629,829
Cap Rate 9%
$489,867
Alternative Uses
Best Use
Warehouse
$629.8K
$551.1K – $734.8K
NOI $44,088 @ 7.0% cap · market cap 3.67%
Second Best
Industrial
$601.3K
$526.2K – $701.6K
NOI $42,094 @ 7.0% cap · market cap 3.51%
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Steel commercial building with office area, high ceilings, and substantial on-site parking.
Where is this flex space located?
The property is located at 2763 E Robinson Avenue 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: Approximately 7,200 SF flex building on 1 acre; Two bay doors measuring 24' x 14'; 16' minimum wall height and 19' peak height
