Storefront Property with Parking
For Sale
$535,000
800 Highland Avenue, Springdale, AR 72764
The property offers electrical service, on-site parking, and a commercial storefront configuration.
Property Size2,700 SF
Price / SF$198.15
Days on Market190
Property Features for 800 Highland Avenue
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
13
Amenities
Electric
Parking Lot
Building Details
Building Size
2,700 SF
Year Built
1991
Listing Agency:
Collier Properties
Listed By:
Benjamin Anderson · License #SA00088385
(479) 530-3320
Source:
Evrealestate
Added: Mar 23
Changed: Sep 21
Last Checked: Sep 26 at 11:09AM
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 Collier Properties
Investment Insights
Based on property information with market context.
This 2,700-square-foot storefront property at 800 Highland Avenue includes electrical service and a dedicated parking lot. Built in 1991, the commercial building provides a physical retail-oriented setting with on-site parking for occupants and visitors.
The property is in Springdale, Washington County, with access from 71B by turning east just past Braum’s restaurant. It sits on the north side of the road, providing a defined location along the Highland Avenue corridor.
The property is in Springdale, Washington County, with access from 71B by turning east just past Braum’s restaurant. It sits on the north side of the road, providing a defined location along the Highland Avenue corridor.
Key Highlights
- 2,700‑square‑foot storefront property
- On‑site parking lot
- Electrical service
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
$31,775
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
5.94%
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%
$635,500
$635.5K
Cap Rate 7%
$453,929
$453.9K
Cap Rate 9%
$353,056
$353.1K
Market Conditions
NOI Build-Up for 2,700 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
$48.6K $18.00/SF
− Vacancy
−$3.2K −$1.19/SF
EGI
$45.4K $16.81/SF
− OpEx
−$13.6K −$5.04/SF
NOI
$31.8K $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 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%
$635,500
Cap Rate 7%
$453,929
Cap Rate 9%
$353,056
Alternative Uses
Best Use
Retail
$453.9K
$397.2K – $529.6K
NOI $31,775 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K
NOI $50,731 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
198k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 27%
Electronics 3%
McDonald's
Dining
32,685 visits/mo
0.3 miles
Kum & Go
Shops & Services
22,134 visits/mo
0.3 miles
Braum's Ice Cream & Dairy Stores
Dining
19,485 visits/mo
0.1 miles
Springdale #4
Shops & Services
17,149 visits/mo
0.5 miles
Burger King
Dining
14,935 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
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - The property offers electrical service, on-site parking, and a commercial storefront configuration.
Where is this storefront property located?
The property is located at 800 Highland Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2,700‑square‑foot storefront property; On‑site parking lot; Electrical service
