Live-Work Flex Property with
5039 Primrose Rd Springdale, AR 72764
For Sale
$619,500
Property combines a 3-bedroom home with a finished shop area suitable for showroom, office, or light industrial use.
Property Size1,888 SF
Lot Size1.00 Acre
Price / SF$328.13
Days on Market12
Property Features for 5039 Primrose Rd
General Information
- Standard status
- Active
- Size
- 1,888 SF
- Lot size
- 1.00 Acre
- Property subtype
- Other
Building Details
- Year Built
- 1983
Listing Agency:
Coldwell Banker Harris McHaney & Faucette
(479) 521-6106
Listed By:
Misty Barnes · License #SA00056713
Source:
Commercialcafe
Added: Jul 13
Changed: Jul 23
Last Checked: Jul 23 at 6:19PM
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
Investment Insights
Based on property information with market context.
This live-work flex property includes a well-maintained 3-bedroom, 2.5-bath residence and an approximately 1,888 SF shop. The shop features finished space that can support uses such as showroom, office, or light industrial, along with ample storage. The home may also function as office space, provide rental income, or serve as on-site living, depending on how the space is configured for business operations.
The property is positioned in a Springdale corridor near the proposed Springdale East 412 Bypass and close to future Primrose Road improvements, supporting improved accessibility over time. It also offers easy access to major regional roadways, providing practical connectivity for day-to-day operations.
The site sits on just over one level acre and is designed for flexibility, with both residential and commercial-ready components under one ownership.
The property is positioned in a Springdale corridor near the proposed Springdale East 412 Bypass and close to future Primrose Road improvements, supporting improved accessibility over time. It also offers easy access to major regional roadways, providing practical connectivity for day-to-day operations.
The site sits on just over one level acre and is designed for flexibility, with both residential and commercial-ready components under one ownership.
Key Highlights
- Year built 1983: 3‑bedroom, 2.5‑bath home that can also be used as office space, rental, or on‑site living
- 1,888 SF shop with finished space for showroom, office, or light industrial use, plus ample storage
- Just over 1 acre lot with room to expand
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $21.60 |
| − Vacancy | −$2.8k | −$1.47 |
| EGI | $38.0k | $20.13 |
| − OpEx | −$9.5k | −$5.03 |
| NOI | $28.5k | $15.10 |
1,888 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$407.2K
$356.3K – $475.1K
NOI $28,506 @ 7.0% cap · market cap 4.60%
Second Best
Retail
$317.4K
$277.7K – $370.3K
NOI $22,219 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$506.8K
$443.4K – $591.2K
NOI $35,474 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Accent Blinds and Shutters
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - Property combines a 3-bedroom home with a finished shop area suitable for showroom, office, or light industrial use.
Where is this flex space located?
The property is located at 5039 Primrose Rd Springdale, AR.
What is the asking price?
The asking price for this property is $619,500.
What are key features of this property?
This property features: Year built 1983: 3‑bedroom, 2.5‑bath home that can also be used as office space, rental, or on‑site living; 1,888 SF shop with finished space for showroom, office, or light industrial use, plus ample storage; Just over 1 acre lot with room to expand
