Five-Unit Retail Center with
New
For Sale
$2,850,000
845 White Road, Springdale, AR 72762
CommercialSale, Springdale, AR
Property Size7,880 SF
Lot Size1.98 Acres
Price / SF$361.68
Days on Market2
Property Features for 845 White Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Property condition
Under Construction
Zoning description
Commercial
Parking
47
Parking features
Parking Lot
Lot features
City Lot
Directions
Heading south on I-49 S, take exit 73. Turn left onto Elm Springs Rd. Slight left to turn onto White Rd, then a left into the parking lot.
Standard status
Active
APN
815-33984-000
Size
7,880 SF
Lot size
1.98 Acres
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Description
LOT 1-A OF REPLAT OF LOTS 1-6, BLOCK 2
Tax Annual Amount
14404
Legal Description
LOT 1-A OF REPLAT OF LOTS 1-6, BLOCK 2
Utilities
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Number of units
5
Building materials
Brick, MetalSiding, Stucco
Buildings
1
Listing Agency:
Keller Williams Market Pro Realty Bentonville West · Keller Williams Realty
(479) 231-1355
Listed By:
Salmonsen Group Realtors
(479) 330-1250
Added: Oct 29
Last Checked: Oct 30 at 7:06PM
MLS# 1366483
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.
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Investment Insights
Based on property information with market context.
This 7,880-square-foot retail center is under construction and comprises five framed units on a 1.98-acre parcel. One end unit has a drive-through window. The interior is unfinished, with no HVAC or heating system installed, allowing the spaces to be completed for future occupancy. Exterior materials include brick, metal siding, and stucco, and the building has a TPO membrane roof. On-site parking is provided.
The property is less than one mile from I-49 and approximately 1.3 miles from Walmart. Public water serves the site. Construction began in 2025.
The property is less than one mile from I-49 and approximately 1.3 miles from Walmart. Public water serves the site. Construction began in 2025.
Key Highlights
- Five framed retail units; one end unit includes a drive‑through window
- 7,880 square feet on 1.98 acres
- Under construction; interior unfinished with no HVAC or heating system installed
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
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
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
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Shopping center - New construction offers adaptable retail space with a drive-through window in one end unit.
Where is this shopping center 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: Five framed retail units; one end unit includes a drive‑through window; 7,880 square feet on 1.98 acres; Under construction; interior unfinished with no HVAC or heating system installed
