Nine-Office
For Sale
Contact for pricing
2988 W Huntsville Avenue #A, Springdale, AR 72762
Nine private offices provide a flexible layout for professional businesses.
Property Size1,950 SF
Price / SF$0.01
Days on Market97
Property Features for 2988 W Huntsville Avenue #A
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Office
Building Details
Year Built
2006
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
Listed By:
Stephen Mansfield · License #EB00052807
(479) 871-2664
Source:
Hangerpropertygroup
Added: Jul 30
Changed: Nov 1
Last Checked: Nov 3 at 7:27AM
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 Coldwell Banker Harris McHaney & Faucette-Rogers
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.
Built in 2006, this 1,950-square-foot office suite includes nine private offices, a private restroom, a laundry room with washer and dryer hookups, and a separate room with a shower. Office dimensions range from 8 by 9 feet to 10 by 18 feet; the largest can also serve as a conference or training room. The interior has been freshly painted.
Located at 2988 W Huntsville Avenue in Springdale, the suite offers parking and access to a range of professional business uses.
Located at 2988 W Huntsville Avenue in Springdale, the suite offers parking and access to a range of professional business uses.
Key Highlights
- 1,950‑square‑foot office suite with nine private offices
- Office dimensions range from 8'x9' to 10'x18'
- Largest office can be used as a conference or training room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,442
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,840
$588.8K
Cap Rate 7%
$420,600
$420.6K
Cap Rate 9%
$327,133
$327.1K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$42.1K $21.60/SF
− Vacancy
−$2.9K −$1.47/SF
EGI
$39.3K $20.13/SF
− OpEx
−$9.8K −$5.03/SF
NOI
$29.4K $15.10/SF
Area
Washington County, AR
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,840
Cap Rate 7%
$420,600
Cap Rate 9%
$327,133
Alternative Uses
Best Use
Office B
$420.6K
$368.0K – $490.7K
NOI $29,442 @ 7.0% cap · market cap 196,280.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.4K
$458.0K – $610.7K
NOI $36,639 @ 7.0% cap · market cap 244,260.00%
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
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 72762, AR
42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Nine private offices provide a flexible layout for professional businesses.
Where is this office unit located?
The property is located at 2988 W Huntsville Avenue #A Springdale, AR.
What are key features of this property?
This property features: 1,950‑square‑foot office suite with nine private offices; Office dimensions range from 8'x9' to 10'x18'; Largest office can be used as a conference or training room
