Functional Warehouse with Outdoor
For Sale
$750,000
287 W County Line Road, Springdale, AR 72764
COMMERCIAL - Springdale, AR
Property Size8,550 SF
Lot Size1.00 Acre
Price / SF$87.72
Days on Market90
Property Features for 287 W County Line Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
71B to County Line Rd to Property
Standard status
Active
APN
815-29584-000
Size
8,550 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
1.00
Tax Annual Amount
2339
Legal Description
1.00
Building Details
Year built
1978
Listing Agency:
Landmark Real Estate and Investment LLC
(479) 935-4050
Listed By:
Aaron Hawes · License #EB00075426
(479) 879-2895
Added: May 22
Changed: Aug 19
Last Checked: Aug 19 at 10:06AM
MLS# 1348308
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 warehouse property contains approximately 8,550 square feet within a 1978-built facility. The layout includes office space, restrooms, and two large overhead doors, supporting warehouse operations and truck access. The building is situated on a 1.00-acre lot with room for outdoor storage, fleet parking, or future expansion.
The property is located at 287 W County Line Road in Springdale, Arkansas. It is currently occupied under a month-to-month lease, providing an existing occupancy arrangement for an owner-user or investor evaluating the asset.
The property is located at 287 W County Line Road in Springdale, Arkansas. It is currently occupied under a month-to-month lease, providing an existing occupancy arrangement for an owner-user or investor evaluating the asset.
Key Highlights
- Approximately 8,550 square feet of warehouse space
- 1.00‑acre lot with outdoor storage and fleet parking capacity
- Two large overhead doors
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
6.98%
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 6.98%
Second Best
Industrial
$714.1K
$624.8K – $833.1K
NOI $49,987 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,647 @ 7.0% cap · market cap 21.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
292
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with dedicated office areas, restrooms, and overhead loading access on a one-acre site.
Where is this warehouse located?
The property is located at 287 W County Line Road Springdale, AR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 8,550 square feet of warehouse space; 1.00‑acre lot with outdoor storage and fleet parking capacity; Two large overhead doors
