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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1840 Sunset Ave Springdale, AR 72762-5140

    • Warehouses
    • 13,260 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimations
    $315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0834441
    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

    • Remy's Towing Service / Towing Service
    • LL Flooring / Flooring Store / Home Improvement Store

    Property Details for 1840 Sunset Ave

    Year built
    2001
    Lot size
    0.77 lot acres
    Property size
    13,260 SF
    Property type
    Warehouses
    APN
    815-28916-000
    APU
    81528916000

    Description

    Emily Plaza, located at 1840 W Sunset Ave in Springdale, Arkansas, presents a fantastic opportunity for businesses seeking flexible industrial space. This single-building property totals 48,286 square feet and currently has 3,900 square feet of vacant space available for lease. The property is classified as flex space, ideal for a variety of uses, combining warehouse and office functionality. Units are available in sizes ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,500 square feet, offering flexibility for businesses of varying sizes. The property is situated in Washington County, Arkansas, with convenient access via 1840 W Sunset Ave, zip code 72762. The building consists of a single suite, providing a cohesive and potentially collaborative environment for tenants. This is an excellent opportunity to secure prime industrial space in a thriving Arkansas location. The available space offers a chance to establish or expand your business in a well-located and adaptable facility. Interested parties should inquire about lease terms and availability. The property's location in Springdale, AR provides access to a robust local economy and convenient transportation links.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $338,000
      Market price range: $274k - $688k

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1505
    Latitude
    36.1754
    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
    $4,534
    $26,830
    $155,670
    $182,500
    -
    $134,150
    $778,350
    $912,500

    Comparable in this City

    • Value Estimation by Request
      15,000 SF

      7325 Meeshow Dr

      Office space • 15,000 SF
      7325 Meeshow Dr, Springdale, AR 72762
      View Details
    • Value Estimation
      $250,000
      468 SF

      3732 Liberty Ave

      WAREHOUSE, STORAGE • 468 SF
      3732 Liberty Ave, Tontitown, AR 72762-9066
      View Details
    • Value Estimation
      $250,000
      960 SF

      2331 Shady Grv Rd

      WAREHOUSE, STORAGE • 960 SF
      2331 Shady Grv Rd, Springdale, AR 72762-7624
      View Details
    • Value Estimation
      $230,000
      9,300 SF

      833 Jerome Dr

      WAREHOUSE, STORAGE • 9,300 SF
      833 Jerome Dr, Tontitown, AR 72762-9077
      View Details
    • Value Estimation
      $260,000
      2,636 SF

      4201 56th St

      WAREHOUSE, STORAGE • 2,636 SF
      4201 56th St, Springdale, AR 72762-0560
      View Details
    • Value Estimation
      $305,000
      5,736 SF

      908 Clayton St

      WAREHOUSE, STORAGE • 5,736 SF
      908 Clayton St, Springdale, AR 72762-4901
      View Details

    Similar Nearby for Sale

    • $1,725,000
      8,850 SF

      Retail/Warehouse Space in Tontitown

      8,800+ sqft retail/warehouse on 1.39 acres near I-49.
      462 E Henri De Tonti Blvd, Springdale, AR 72762
      View Details
    • Contact for pricing
      39,750 SF

      Tontitown Warehouse with Fenced Lot

      39,750 SF warehouse with fenced outdoor storage.
      408 Industrial Dr, Springdale, AR 72762
      View Details
    • Contact for pricing
      2,250 SF

      Springdale Warehouse with Flex Space

      Flex space warehouse featuring an open floor plan and rollup door.
      1900 S Pleasant St, Springdale, AR 72762
      View Details
    • New
      $1,379,000
      7,400 SF

      Springdale Warehouse on 4 Acres

      7,400 SF warehouse on 4 acres near Highway 41/612.
      2785 Liberty Ave, Springdale, AR 72762
      View Details
    • Contact for pricing
      70,750 SF

      Tontitown Warehouse Space Available

      70,750+/- SF warehouse space in Tontitown, Arkansas.
      408/428 Industrial Dr, Springdale, AR 72762
      View Details
    • $3,200,000
      16.00 Acres

      Springdale Auto Service Garage Site

      16 +/- acres zoned I-1, suitable for warehouse or manufacturing.
      Tbd Liberty Ave, Springdale, AR 72762
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      64,100 SF

      Johnson Square Warehouse District

      Springdale, AR: Prime Commercial Space
      0 Johnson Ml Blvd & Main Dr, Springdale, AR 72762
      View Details
    • Contact for pricing
      60,000 SF

      Sunset Ave Warehouse Space For Lease

      Large Warehouse, Springdale, AR - Multiple Tenants
      3142 Sunset Ave, Springdale, AR 72762
      View Details
    • $16 SF/Yr
      4,700 SF

      Springdale Warehouse Space Available

      4,700 SF warehouse space for rent in Springdale.
      777 Mathias Dr, Springdale, AR 72762
      View Details
    • $10 SF/Yr
      10,475 SF

      Springdale Warehouse with Office Space

      Warehouse space featuring 850 SF of office in Springdale.
      413 Albano Dr, Springdale, AR 72762
      View Details
    • $12 SF/Yr
      15,000 SF

      Springdale Warehouse Space Available

      15,000 SF warehouse space for lease in Springdale.
      621 Madison St, Springdale, AR 72762
      View Details
    • $20 SF/Yr
      15,000 SF

      7325 Meeshow Dr

      Office space • 15,000 SF
      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.
    1840 Sunset Ave
    Springdale, AR 72762-5140
    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.