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Retail Space with Patio

321 & 323 E Emma Avenue, Springdale, AR 72764

For Sale
Contact for pricing

A loading dock and patio support a range of potential retail or food-service layouts.

Property Size6,194 SF
Price / SF$0.00
Days on Market171

Property Features for 321 & 323 E Emma Avenue

General Information

Standard status Active
Size 6,194 SF
Property subtype Retail

Amenities

loading dock
large patio space
Listing Agency: CBRE, Inc-Fayetteville
Listed By: Zachary White · License #AB00089777
Source: Hangerpropertygroup
Added: May 21 Changed: Nov 6 Last Checked: Nov 6 at 7:49AM

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 CBRE, Inc-Fayetteville

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Investment Insights

Based on property information with market context.

This 6,194-square-foot retail space at 321 & 323 E Emma Avenue includes a loading dock, a patio, and an existing tasting-room configuration. The interior setup and outdoor area offer distinct components for a retail or food-service operation.

The property is in downtown Springdale, Arkansas.

Key Highlights

  • 6,194 SF retail space
  • Loading dock on site
  • Large patio area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,893
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,860 $1.5M
Cap Rate 7%
$1,041,329 $1.0M
Cap Rate 9%
$809,922 $809.9K
Market Conditions
NOI Build-Up for 6,194 SF
Gross rent
$111.5K $18.00/SF
− Vacancy
−$7.4K −$1.19/SF
EGI
$104.1K $16.81/SF
− OpEx
−$31.2K −$5.04/SF
NOI
$72.9K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,860
Cap Rate 7%
$1,041,329
Cap Rate 9%
$809,922

Alternative Uses

Best Use
Retail
$1.04M
$911.2K – $1.21M (±1% cap)
NOI $72,893 @ 7.0% cap · market cap 428,782.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,380 @ 7.0% cap · market cap 684,588.24%
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

Black Apple Hard ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Garden Center Big Box & Wholesale Store Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,309
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 33%
McDonald's Dining
32,685 visits/mo 0.4 miles
Kum & Go Shops & Services
22,134 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
13,552 visits/mo 0.4 miles
Arvest Bank Shops & Services
11,468 visits/mo 0.1 miles
Taco Bell Dining
10,648 visits/mo 0.4 miles

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

Average Price Trend$/SF for Retail space in Washington County, AR

$223 Jul
$264 Aug
$259 Sep
$279 Oct

Properties on Market for Retail space in Washington County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A loading dock and patio support a range of potential retail or food-service layouts.
Where is this retail space located?
The property is located at 321 & 323 E Emma Avenue Springdale, AR.
What are key features of this property?
This property features: 6,194 SF retail space; Loading dock on site; Large patio area
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Includes: Price & PSF · Cap rate · Location · Zoning

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