696 Robinson AveSpringdale, AR 72762

Property Details for 696 Robinson Ave

Year built

1987

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.26 AC

Property size (Sq ft)

1,740 SF

Property type

Office properties

Property subtype

Office buildings

APN

815-28795-000

APU

81528795000

Description

This exceptional 2.45-acre commercial land parcel in Springdale, Arkansas, presents a unique investment opportunity. Located at 696 E Robinson Ave, the property boasts approximately 260 feet of frontage on Highway 412, a major thoroughfare experiencing high traffic volume—an estimated 25,000 vehicles daily. The C-5 zoning allows for a wide range of heavy commercial applications, making it ideal for various businesses. Utilities, including water and sewer, are readily available on-site, simplifying development. Its strategic location offers excellent accessibility, with a convenient 3-minute drive to Highway 71-B and a 10-minute drive to Interstate 49, ensuring high visibility and convenient access for customers and employees. The asking price is $797,500, translating to approximately $325,510 per acre, reflecting the property's prime location and development potential within Washington County, Arkansas, zip code 72762. This property is offered for sale and represents a compelling opportunity for investors seeking high-traffic commercial land in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $151,679

  6.5%

  $140,011

  7%

  $130,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $124,462

  Geo Method

  $124,462

• Alternative Use

  Use

  Valuation

  Residential

  $173,614

  Hospitality

  $159,030

  Educational

  $132,311

  Medical

  $136,861

  Retail

  $205,817

Location Insight

City

Springdale

County

Washington

State

Arkansas

Latitude

36.1677

Longitude

-94.1244

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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