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Strip Mall

845 White Road, Springdale, AR 72762

For Sale
$2,850,000

A parking lot serves the retail property.

Property Size7,880 SF
Price / SF$361.68
Days on Market10

Property Features for 845 White Road

General Information

Standard status Active
Size 7,880 SF
Total Parking Spaces 47
Zoning Commercial

Taxes and HOA fees

Annual Taxes $14,404

Amenities

Parking Lot

Building Details

Building Size 7,880 SF
Year Built 2025
Stories 1
Listing Agency: Keller Williams Market Pro Realty
Listed By: Salmonsen Group Realtors
Source: Evrealestate
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 6 at 9:18AM

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 Keller Williams Market Pro Realty

Rey
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Investment Insights

Based on property information with market context.

Located at 845 White Road in Springdale, this strip mall contains 7,880 square feet and was built in 2025. The property is zoned Commercial and includes a parking lot.

Driving directions approach the site from I-49 South via Exit 73, Elm Springs Road, and White Road.

Key Highlights

  • 7,880‑square‑foot strip mall
  • Built in 2025
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,735
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,700 $1.9M
Cap Rate 7%
$1,324,786 $1.3M
Cap Rate 9%
$1,030,389 $1.0M
Market Conditions
NOI Build-Up for 7,880 SF
Gross rent
$141.8K $18.00/SF
− Vacancy
−$9.4K −$1.19/SF
EGI
$132.5K $16.81/SF
− OpEx
−$39.7K −$5.04/SF
NOI
$92.7K $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 Rate 5%
$1,854,700
Cap Rate 7%
$1,324,786
Cap Rate 9%
$1,030,389

Alternative Uses

Best Use
Retail
$1.32M
$1.16M – $1.55M (±1% cap)
NOI $92,735 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,058 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
10,070 visits/mo 0.5 miles
Circle K Shops & Services
8,437 visits/mo 0.3 miles

Demographics for 72762, AR

42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - A parking lot serves the retail property.
Where is this strip mall located?
The property is located at 845 White Road Springdale, AR.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 7,880‑square‑foot strip mall; Built in 2025; Commercial zoning
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