Warehouse with Overhead
For Sale
$699,900
287 W County Line Rd, Springdale, AR 72764
Office and restroom areas support day-to-day warehouse operations.
Property Size8,550 SF
Lot Size1.00 Acre
Price / SF$81.86
Days on Market48
Property Features for 287 W County Line Rd
General Information
Standard status
Active
Size
8,550 SF
Lot size
1.00 Acre
Additional Details
Gross Income
$48,000
Outdoor Storage
Yes
Warehouse Space
8,550 SF
Building Details
Year Built
1978
Listing Agency:
Landmark Real Estate and Investment LLC
Listed By:
Aaron Hawes · License #EB00075426
(479) 935-4050
Source:
Thebesthomeprice
Added: Aug 19
Changed: Oct 4
Last Checked: Oct 4 at 11:20AM
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 Landmark Real Estate and Investment LLC
Investment Insights
Based on property information with market context.
This warehouse property contains 8,550+/- sq ft of functional space, with dedicated office areas, restrooms, and 2 large overhead doors. The configuration supports warehouse operations while incorporating basic administrative and employee facilities within the property.
The improvements sit on a 1.00+/- acre lot, providing substantial outdoor area for storage, fleet parking, or additional site use. The property is currently occupied under a month-to-month lease, offering an existing tenancy structure for consideration by an owner-user or investor.
The improvements sit on a 1.00+/- acre lot, providing substantial outdoor area for storage, fleet parking, or additional site use. The property is currently occupied under a month-to-month lease, offering an existing tenancy structure for consideration by an owner-user or investor.
Key Highlights
- 8,550+/- sq ft of warehouse space
- 2 large overhead doors
- Office space and restrooms included
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
$52,354
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
7.48%
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%
$1,047,080
$1.0M
Cap Rate 7%
$747,914
$747.9K
Cap Rate 9%
$581,711
$581.7K
Market Conditions
NOI Build-Up for 8,550 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
$68.7K $8.04/SF
− Vacancy
−$7.1K −$0.84/SF
EGI
$61.6K $7.20/SF
− OpEx
−$9.2K −$1.08/SF
NOI
$52.4K $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%
$1,047,080
Cap Rate 7%
$747,914
Cap Rate 9%
$581,711
Alternative Uses
Best Use
Warehouse
$747.9K
$654.4K – $872.6K
NOI $52,354 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,647 @ 7.0% cap · market cap 22.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Well-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
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Office and restroom areas support day-to-day warehouse operations.
Where is this warehouse located?
The property is located at 287 W County Line Rd Springdale, AR.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 8,550+/- sq ft of warehouse space; 2 large overhead doors; Office space and restrooms included
