Flex Space with
For Sale
$899,900
801 Turner Street, Springdale, AR 72764
CommercialSale, Springdale, AR
Property Size4,406 SF
Lot Size0.23 Acres
Price / SF$204.24
Days on Market138
Property Features for 801 Turner Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Lot features
Central Business District, Corner Lot, City Lot
Directions
From I49 take Hwy 412 East (W. Sunset Ave.) go for approximately 2.5 miles. Make a Left on Turner Street. Go 0.2 miles, property will be on the Right.
Standard status
Active
APN
815-22434-000
Size
4,406 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
PT LOT 12 ALL LOTS 13-14 -15
Tax Annual Amount
2938
Legal Description
PT LOT 12 ALL LOTS 13-14 -15
Building Details
Floors in Building
2
Number of units
3
Listing Agency:
Weichert REALTORS - The Griffin Company Springdale
(479) 756-1003
Listed By:
Joel Hernandez · License #SA00086000
(479) 231-8083
Added: May 23
Changed: Aug 19
Last Checked: Oct 7 at 7:06PM
MLS# 1348571
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 flex space includes dedicated office area and a separate shop/warehouse component, with the ability to be configured as one larger commercial hub or segmented into two to three independent units. Major capital improvements completed in 2022 include a new roof and gutters, along with two replaced HVAC systems.
The property is located near downtown Springdale and sits within the City of Springdale’s C1 Neighborhood Commercial zoning, which is intended to support a broad spectrum of move-in-ready uses.
With a flexible layout that supports both multi-unit occupancy and owner-occupier scenarios, the building presents a low-maintenance configuration backed by recent exterior and mechanical upgrades.
The property is located near downtown Springdale and sits within the City of Springdale’s C1 Neighborhood Commercial zoning, which is intended to support a broad spectrum of move-in-ready uses.
With a flexible layout that supports both multi-unit occupancy and owner-occupier scenarios, the building presents a low-maintenance configuration backed by recent exterior and mechanical upgrades.
Key Highlights
- Flexible configuration: Use as one large commercial space or divide into 2‑3 independent units.
- Prime location: Minutes from downtown Springdale.
- Favorable zoning: C1 Neighborhood Commercial zoning supports a wide range of uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,759
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,180
$515.2K
Cap Rate 7%
$367,986
$368.0K
Cap Rate 9%
$286,211
$286.2K
Market Conditions
NOI Build-Up for 4,406 SF
Gross rent
$39.7K $9.00/SF
− Vacancy
−$2.9K −$0.65/SF
EGI
$36.8K $8.35/SF
− OpEx
−$11.0K −$2.51/SF
NOI
$25.8K $5.85/SF
Area
Washington County, AR
Vacancy
7.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,180
Cap Rate 7%
$367,986
Cap Rate 9%
$286,211
Alternative Uses
Best Use
Industrial
$368.0K
$322.0K – $429.3K
NOI $25,759 @ 7.0% cap · market cap 2.86%
Second Best
Flex RnD
$329.9K
$288.7K – $384.9K
NOI $23,094 @ 7.0% cap · market cap 2.57%
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 authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Pasta Dream — 1301 E Robinson Ave Suite B12, Springdale, AR 72764
- iBarratend — 1321 W Sunset Ave suite a, Springdale, AR 72764, United States
- Crossroads Metro Grill — 992 E Emma Ave, Springdale, AR 72764
Frequently Asked Questions
What type of property is this?
Flex space - Flex property offers dedicated office plus separate shop/warehouse, configurable into multiple units, with 2022 roof and HVAC upgrades.
Where is this flex space located?
The property is located at 801 Turner Street 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: Flexible configuration: Use as one large commercial space or divide into 2‑3 independent units.; Prime location: Minutes from downtown Springdale.; Favorable zoning: C1 Neighborhood Commercial zoning supports a wide range of uses.
