Updated Retail Storefront with
For Sale
$535,000
800 Highland Avenue, Springdale, AR 72764
SINGLE_FAMILY - Springdale, AR
Property Size2,700 SF
Lot Size0.27 Acres
Price / SF$198.15
Days on Market145
Property Features for 800 Highland Avenue
General Information
Property type
Residential
Property subtype
Retail
Parking
13
Parking features
Parking Lot
Lot features
Corner Lot
Directions
From 71B in Springdale, turn east just past Braum's restaurant. Property will be on north (Left) side of the road.
Standard status
Active
APN
815-22538-000
Size
2,700 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
Lot 024 Block 001 R.L. Hayes Park Addition
Legal Description
Lot 024 Block 001 R.L. Hayes Park Addition
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1991
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Benjamin Anderson · License #SA00088385
(479) 530-3320
Added: Mar 23
Changed: Jun 3
Last Checked: Aug 14 at 11:06AM
MLS# 1340200
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property offers approximately 2,700 +/- square feet of fully heated and cooled space in a two-owner building designed for flexible use. The improvements are substantial and recent, including a new roof (September 2025), new interior and exterior paint, stained and sealed concrete floors, updated lighting, a new drop ceiling, and renovated bathrooms. A freshly restriped parking lot adds practicality for daily operations and tenant/customer parking.
Located at 800 Highland Avenue in Springdale, Arkansas (Washington County), the property is set on a 0.267-acre lot. With its conditioned interior and reconditioned site appearance, it presents well for an operator looking for a building that has been actively updated rather than requiring immediate capital work.
The combination of visible retail-ready finishes, updated systems and finishes, and a layout supported by a dedicated restroom package makes this asset a strong candidate for a variety of storefront and service-oriented concepts. Its “excellent potential for a variety of uses” positions it as a useful option for buyers or tenants seeking an updated commercial building with room to tailor the space to their needs.
Located at 800 Highland Avenue in Springdale, Arkansas (Washington County), the property is set on a 0.267-acre lot. With its conditioned interior and reconditioned site appearance, it presents well for an operator looking for a building that has been actively updated rather than requiring immediate capital work.
The combination of visible retail-ready finishes, updated systems and finishes, and a layout supported by a dedicated restroom package makes this asset a strong candidate for a variety of storefront and service-oriented concepts. Its “excellent potential for a variety of uses” positions it as a useful option for buyers or tenants seeking an updated commercial building with room to tailor the space to their needs.
Key Highlights
- 2,700 sq ft of fully heated and cooled commercial space
- Recent major updates including a new roof (Sept. 2025)
- Renovated bathrooms and updated lighting
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Organic Creations at Country Gardens — 209 W Emma Ave, Springdale, AR 72764
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Frequently Asked Questions
What type of property is this?
Storefront property - Move-in ready storefront with fully conditioned space, renovated interiors, and freshly restriped parking lot.
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 sq ft of fully heated and cooled commercial space; Recent major updates including a new roof (Sept. 2025); Renovated bathrooms and updated lighting
