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    1894 Sunset Ave Springdale, AR 72762-5140
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    Property profile & analytics

    1894 Sunset Ave, Springdale, AR 72762-5140

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    • Office buildings
    • 4,028 SF
    • 0.66 lot acres
    Off-Market
    Last Sale Jun 15, 2023
    Property ID
    US05-0811494
    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.
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Camp Alliance Inc / Charitable Organization / Social Service Agency
    • Veterans of Foreign Wars Post 2952 Springdale / Advocacy Group / Social Service Agency
    • Nailling & Terrell PLLC / Law Firm

    Property Details for 1894 Sunset Ave

    Year built
    1984
    Lot size
    0.66 lot acres
    Property type
    Office buildings
    APN
    815-28927-000
    APU
    81528927000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 25, 2025 — Kingston Re Investment Group LLC — Deed · related $395k · Signature Bank
    Jun 15, 2023 $12,221 Kingston Re Investment Group LLC Commissioner Of State Lands Redemption Deed · related —
    Jun 12, 2023 — Kingston Real Investment Group LLC — Deed · related $735k · The Citizens Bank
    Dec 12, 2019 — Kingston Re Investment Group LLC — Deed · related $225k · Simmons Bank
    Sep 26, 2019 — Kingston Re Investment Group LLC Deanna Duggar Quit Claim Deed · related —
    Aug 30, 2019 — Deanna Duggar James R Duggar Intrafamily Transfer · related —
    Jan 9, 2019 — Mary Lee Duggar Mary L Duggar Intrafamily Transfer · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $592,000
      Market price range: $342k - $839k

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1511
    Latitude
    36.1753
    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
    $4,690
    $45,680
    $89,460
    $135,140
    -
    $228,400
    $447,300
    $675,700

    Comparable in this City

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    Similar Nearby for Sale

    • Contact for pricing
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    • $1,200,000
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      Turnkey Office on Large Lot

      Office building on 2.66 acres near planned development.
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    • $1,200,000
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      Turnkey Office on 2.66 Acres

      Turnkey office building with development potential near planned district.
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    • $8,000,000
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      Prime Development Property in Tontitown

      37.76 acres of prime development land in Tontitown.
      1224 Maestri Rd, Tontitown, AR 72762
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    • Contact for pricing
      3,240 SF

      Commercial Land in Growing Area

      3.02 acres of commercial land in a rapidly growing area.
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      Springdale Commercial Land For Sale

      Commercial land in a prime location, suitable for office or medical.
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    Similar Nearby for Lease

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      37,374 SF

      Class A Office Space Leasing

      Class A office space for lease in Springdale, Arkansas.
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    • $14 SF/Yr
      2,091 SF

      Springdale Office Space For Rent

      Professional office space in Springdale with high visibility.
      1801 W Huntsville Ave, Springdale, AR 72762
      View Details
    • $7,500 /Mo
      3,800 SF

      Versatile Building Near Elm Springs

      3,800 SF building suitable for office, restaurant, or retail.
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    • $19 SF/Yr
      4,387 SF

      Prime Office/Retail Space Available

      Corner unit with high traffic, tenant improvement allowance offered.
      7321 Sunset Ave, Springdale, AR 72762
      View Details
    • $20 SF/Yr
      2,100 SF

      Retail/Office Space Available Now

      Prime retail/office space in a popular shopping center.
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      View Details
    • $35 SF/Yr
      3,100 SF

      Commercial Space in Johnson Square

      New commercial spaces in the vibrant Johnson Square neighborhood.
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    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      3.0k
    • Avg Time on site
      21 min
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    Springdale, AR 72762-5140
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    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
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    1894 Sunset Ave, Springdale, AR, 72762
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