Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5653 Gtwy Ave Springdale, AR 72762
    Back to Search
    Property profile & analytics

    5653 Gtwy Ave Springdale, AR 72762

    View on Map
    • Retail properties & Spaces
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5653 Gtwy Ave

    Lot size
    10.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    The Crossings offers exceptional office space within a vibrant, new upscale mixed-use development in Washington County. This prime location boasts multiple buildings totaling 16,586 square feet of vacant space, divisible into units as small as 1,880 square feet and up to a contiguous 8,611 square feet. The property features a variety of office subtypes, including creative, traditional, and medical office spaces, making it suitable for a wide range of businesses. Situated on a 10-acre lot with convenient frontage on Highway 412 (W Sunset Avenue) and Gene George Blvd, The Crossings provides excellent access to I-49, Don Tyson Parkway, and nearby communities like Tontitown and Siloam Springs. The development is strategically located near major retailers such as Sam's Club, and is further enhanced by the presence of established businesses and new developments including Chick-fil-A and Chipotle (coming soon), the Children's Center for Health & Wellness, Highlands Oncology, Arkansas Children's Hospital, Arkansas Blue Cross Blue Shield, and a large UAMS Sports & Orthopedic Medicine building currently under construction. The property also includes space suitable for restaurant and retail uses, offering a diverse and thriving environment for tenants. Multiple spaces and sizes are available across four separate buildings, providing flexibility to accommodate various business needs. This is a unique opportunity to establish a presence in a rapidly growing area with strong infrastructure and a diverse tenant mix.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1928
    Latitude
    36.1668

    Comparable in this City

    • Value Estimation by Request
      64,100 SF

      Johnson Ml Blvd & Main Dr

      Restaurants • 64,100 SF
      0 Johnson Ml Blvd & Main Dr, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      3,149 SF

      5876 Elm Springs Rd

      Medical Office Space • 3,149 SF
      5876 Elm Springs Rd, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      15,000 SF

      7325 Meeshow Dr

      Office Units • 15,000 SF
      7325 Meeshow Dr, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      3,750 SF

      7325 Meeshow Dr

      Office Spaces • 3,750 SF
      7325 Meeshow Dr, Springdale, AR 72762
      View Details
    • Value Estimation by Request
      6,500 SF

      7255 Meeshow Dr

      Office Spaces • 6,500 SF
      7255 Meeshow Dr, Springdale, AR 72762
      View Details
    • Value Estimation
      $1,975,000
      81,000 SF

      2575 Gene George Blvd

      MEDICAL BUILDING • 81,000 SF
      2575 Gene George Blvd, Springdale, AR 72762-6385
      View Details

    Similar Nearby for Sale

    • $700,000

      Springdale Commercial Land For Sale

      Commercial land in a prime location, suitable for office or medical.
      S 48Th St, Springdale, AR 72762
      View Details
    • Contact for pricing
      7,860 SF

      New Construction Retail/Office/Medical Opportunity

      New construction retail, office, or medical space with drive-thru potential.
      845 White Rd, Springdale, AR 72762
      View Details
    • $2,000,000
      3,240 SF

      Commercial Land in Growing Area

      3.02 acres of commercial land in a rapidly growing area.
      5461 Elm Springs Rd, Springdale, AR 72762
      View Details
    • $440,000
      1,920 SF

      Well-Kept Building Near I-49

      Clean, well-maintained building suitable for daycare, office, or church.
      2021 Huntsville Ave, Springdale, AR 72762
      View Details
    • $2,000,000
      3.77 Acres

      Development Land in High-Traffic Location

      3.77 acres of commercial land primed for development.
      8984 Carrie Smith Rd, Springdale, AR 72762
      View Details
    • $1,200,000
      2.66 Acres

      Turnkey Office on Large Lot

      Office building on 2.66 acres near planned development.
      5515 Carley Rd, Springdale, AR 72762
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      2,365 SF

      Springdale Commercial Space For Lease

      Move-in ready commercial space in Springdale, adaptable for various uses.
      5230 Willow Creek Dr, Springdale, AR 72762
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Mixed-use property available for lease in Springdale, Arkansas.
      3142 W Sunset Ave, Springdale, AR 72762
      View Details
    • $38 SF/Yr
      7,373 SF

      Upscale Mixed-Use Development Space

      New retail, restaurant, and office spaces for lease.
      5761 W Sunset Ave, Springdale, AR 72762
      View Details
    • $22 SF/Yr
      4,112 SF

      Springdale Commercial Space Available

      Second-floor commercial space suitable for medical or office use.
      5230 Willow Creek Dr, Springdale, AR 72762
      View Details
    • $22 SF/Yr
      6,477 SF

      Springdale Commercial Space For Lease

      Adaptable commercial space in Springdale, suitable for various professional uses.
      5230 Willow Creek Dr, Springdale, AR 72762
      View Details
    • $28 SF/Yr
      990 SF

      Springdale Office Space For Lease

      900 SF office space in a thriving Springdale location.
      7325 Meeshow Dr, Springdale, AR 72762
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5653 Gtwy Ave
    Springdale, AR 72762
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5653 Gtwy Ave, Springdale, AR, 72762
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!