Flex Space with Office and
801 Turner St Springdale, AR 72764
801 Turner St, Springdale, AR, 72764
$899,900
For Sale
$899,900
Configurable flex property with dedicated office and shop/warehouse, including 2022 roof, gutters, and two HVAC replacements.
Property Size4,406 SF
Price / SF$204.24
Days on Market60
Property Features for 801 Turner St
General Information
- Standard status
- Active
- Size
- 4,406 SF
Listing agency
Weichert REALTORS - The Griffin Company Springdale
(479) 231-8083
Listed by
Joel Hernandez · License #SA00086000
(479) 231-8083
Source
Exprealty
Added: May 24 Updated: Jul 22 at 1:42AM Checked: Jul 22 at 6:47AM
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 Weichert REALTORS - The Griffin Company Springdale
Investment Insights
Based on property information with market context.
This flex property is set up for multiple configurations, including use as one large commercial hub or segmented into two to three independent units. The layout includes dedicated office space along with a separate shop/warehouse component, creating flexibility for an owner-occupant or for leasing part of the property to others. Major upgrades completed in 2022 include a new roof and gutters, along with replacement of two HVAC systems.
Located at 801 Turner St, near downtown Springdale, the property is supported by the City of Springdale’s C1 Neighborhood Commercial zoning. The offering is described as providing move-in-ready use options, with the flexibility to operate from one portion while leasing additional units.
Located at 801 Turner St, near downtown Springdale, the property is supported by the City of Springdale’s C1 Neighborhood Commercial zoning. The offering is described as providing move-in-ready use options, with the flexibility to operate from one portion while leasing additional units.
Key Highlights
- Major 2022 upgrades include a new roof, gutters, and two HVAC systems
- Flexible layout configurable as one commercial hub or divided into two to three independent units
- Includes dedicated office space plus a separate shop/warehouse area
Local 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 | $95.2k | $21.60 |
| − Vacancy | −$6.5k | −$1.47 |
| EGI | $88.7k | $20.13 |
| − OpEx | −$22.2k | −$5.03 |
| NOI | $66.5k | $15.10 |
4,406 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$950.3K
$831.6K – $1.11M
NOI $66,524 @ 7.0% cap · market cap 7.39%
Second Best
Warehouse
$385.4K
$337.2K – $449.7K
NOI $26,979 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,785 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Venceremos
Charitable Organization
HUMBERTO HAIR STUDIO
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Crossroads Metro Grill — 992 E Emma Ave, Springdale, AR 72764
- The Pasta Dream — 1301 E Robinson Ave Suite B12, Springdale, AR 72764
- iBarratend — 1321 W Sunset Ave suite a, Springdale, AR 72764, United States
FAQs
What type of property is this?
Flex space - Configurable flex property with dedicated office and shop/warehouse, including 2022 roof, gutters, and two HVAC replacements.
Where is this flex space located?
The property is located at 801 Turner St Springdale, AR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Major 2022 upgrades include a new roof, gutters, and two HVAC systems; Flexible layout configurable as one commercial hub or divided into two to three independent units; Includes dedicated office space plus a separate shop/warehouse area
