Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    205 Johnson Ave Springdale, AR 72764-4527

    • Bars
    • 2,816 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    May 06, 2024
    $1,000,000
    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0785633
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bike Rack Brewing Co. - Springdale Taproom & Coffee / Brewery
    • Confident Coffee Roasters / Coffee Shop / Bakery
    • Social Project Brewing Co. / Brewery

    Property Details for 205 Johnson Ave

    Year built
    1930
    Lot size
    0.29 lot acres
    Property size
    2,816 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    815-22953-000
    APU
    81522953000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,000,000
      ML approach
      $1,000,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1288
    Latitude
    36.1861
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,734
    $15,000
    $95,910
    $110,910
    -
    $75,000
    $479,550
    $554,550

    Comparable in this City

    • Value Estimation
      $255,000
      2,119 SF

      126 Emma Ave

      BAR, TAVERN • 2,119 SF
      126 Emma Ave, Springdale, AR 72764-4305
      View Details
    • Value Estimation
      $235,000
      4,347 SF

      321 Emma Ave

      BAR, TAVERN • 4,347 SF
      321 Emma Ave, Springdale, AR 72764-4627
      View Details
    • Value Estimation
      $255,000
      4,224 SF

      705 Thompson St

      BAR, TAVERN • 4,224 SF
      705 Thompson St, Springdale, AR 72764-4248
      View Details
    • Value Estimation
      $245,000
      816 SF

      111 Emma Ave

      BAR, TAVERN • 816 SF
      111 Emma Ave, Springdale, AR 72764-4623
      View Details
    • Value Estimation
      $260,000
      1,847 SF

      323 Emma Ave

      BAR, TAVERN • 1,847 SF
      323 Emma Ave, Springdale, AR 72764-4627
      View Details
    • Value Estimation
      $255,000
      1,413 SF

      19494 Nob Hl Loop

      RESTAURANT • 1,413 SF
      19494 Nob Hl Loop, Springdale, AR 72764-8883
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,500 SF

      Springdale Retail/Office/Restaurant Space For Sale

      New retail, office, restaurant, and medical spaces in Springdale.
      2588 E Robinson Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      1,500 SF

      New Retail and Office Spaces

      New commercial spaces ideal for retail, office, restaurant, and medical.
      2588 E Robinson Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      2,250 SF

      Springdale Restaurant/Retail Opportunity

      2,250 SF commercial space in the heart of Springdale.
      1207 S Thompson St, Springdale, AR 72764
      View Details
    • Contact for pricing
      2,354 SF

      Retail Space in Downtown Springdale

      Street retail space in the heart of downtown Springdale.
      109 W Emma Ave Unit, Springdale, AR 72764
      View Details
    • New
      $1,125,000
      3,575 SF

      Turnkey Restaurant with Outdoor Dining

      Well-equipped restaurant in prime location with outdoor dining.
      414 Holcomb St, Springdale, AR 72764
      View Details
    • Contact for pricing
      1,500 SF

      Springdale Retail/Office/Restaurant Spaces For Sale

      New retail, office, and restaurant spaces in rapidly developing area.
      2630 E Robinson Ave, Springdale, AR 72764
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      13,280 SF

      Springdale Medical Office Space

      Prime Retail & Medical Office Suites Available
      2588 Robinson Ave, Springdale, AR 72764
      View Details
    • $26 SF/Yr
      30,857 SF

      Downtown Springdale Office Space

      Prime Retail/Office Opportunity in Springdale
      100 Emma Ave, Springdale, AR 72764
      View Details
    • $23 SF/Yr
      1,500 SF

      Retail Space on Highway 412

      Retail space with drive-thru and highway signage available.
      2630 E Robinson Ave, Springdale, AR 72764
      View Details
    • $34 SF/Yr
      12,000 SF

      New Retail Construction on Highway

      Retail spaces available in new construction with high traffic frontage.
      Highway 412, Springdale, AR 72764
      View Details
    • $15 SF/Yr
      56,000 SF

      Retail Space on HWY 71B

      Retail property with frontage on HWY 71B and ample parking.
      812 N Thompson St, Springdale, AR 72764
      View Details
    • $25 SF/Yr
      25 SF

      Springdale Retail Space: Prime Location

      Downtown Springdale retail space, 5,557 sq ft, 2021 construction.
      202 Emma Ave, Springdale, AR 72764
      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.
    205 Johnson Ave
    Springdale, AR 72764-4527
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.