Warehouse
517 W Morris Avenue, Springdale, AR 72764
For Sale
New
$1,690,000
A 9,600-square-foot warehouse at a Springdale address offers commercial space along W Morris Avenue.
Property Size9,600 SF
Price / SF$176.04
Days on Market5
Property Features for 517 W Morris Avenue
General Information
Standard status
Size
Building Details
Building Size
Listing Agency:
Colliers - Rogers
Listed By:
John Rowland · License #SA00076429
(501) 804-2514
Source:
Evrealestate
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 9:27AM
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 Colliers - Rogers
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property contains 9,600 square feet at 517 W Morris Avenue in Springdale, Arkansas. The address places the building on W Morris Avenue, south of the stated reference route.
The property is in Benton County. Directions place it 0.25 miles east of N Thompson St and before Memory Lane when traveling along W Morris Ave.
The property is in Benton County. Directions place it 0.25 miles east of N Thompson St and before Memory Lane when traveling along W Morris Ave.
Key Highlights
- 9,600‑square‑foot warehouse
- 517 W Morris Avenue in Springdale, AR 72764
- 0.25 miles east of N Thompson St along W Morris Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,783
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,660
$1.2M
Cap Rate 7%
$839,757
$839.8K
Cap Rate 9%
$653,144
$653.1K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$77.2K $8.04/SF
− Vacancy
−$8.0K −$0.84/SF
EGI
$69.2K $7.20/SF
− OpEx
−$10.4K −$1.08/SF
NOI
$58.8K $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 Rate 5%
$1,175,660
Cap Rate 7%
$839,757
Cap Rate 9%
$653,144
Alternative Uses
Best Use
Warehouse
$839.8K
$734.8K – $979.7K
NOI $58,783 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.25M – $3.01M
NOI $180,376 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
178
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
$226,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Springdale, AR
Properties on Market for Warehouses in Springdale
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Wobbe Lane Storage — 598 E Randall Wobbe Ln Suite A, Springdale, AR 72764
- Secure Space Storage - Springdale — 2672 N Thompson St, Springdale, AR 72764
- COWs of NW Arkansas — 153 W County Line Rd, Springdale, AR 72764
- County Line Storage — 3068B N Thompson St, Springdale, AR 72764
- Lakeside Self-Storage — 645 W State Hwy 264, Springdale, AR 72764
Frequently Asked Questions
What type of property is this?
Warehouse - A 9,600-square-foot warehouse at a Springdale address offers commercial space along W Morris Avenue.
Where is this warehouse located?
The property is located at 517 W Morris Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 9,600‑square‑foot warehouse; 517 W Morris Avenue in Springdale, AR 72764; 0.25 miles east of N Thompson St along W Morris Ave
