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    Property profile & analytics

    1940 Robinson Ave Springdale, AR 72764-7331

    • Outlet malls
    • 9,100 SF
    • 1.32 lot acres
    OFF-MARKET
    Value Estimations
    $1,205,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0850197
    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

    • Dollar General / Discount Store
    • Western Union / Bank / Credit Union

    Property Details for 1940 Robinson Ave

    Year built
    2010
    Lot size
    1.32 lot acres
    Property size
    9,100 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    815-30296-001
    APU
    81530296001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,785,000
      6.5%
      $1,650,000
      7%
      $1,530,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,219,000
      Market price range: $568k - $1.61M
      AI Estimate
      $748,000
      Market price range: $283k - $1.09M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,165,000
      Current use
      OFFICE BUILDING
      $1,440,000
      Change: +24% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,135,000
      Change: -2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1096
    Latitude
    36.1672
    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
    $10,151
    $57,810
    $138,540
    $196,350
    -
    $289,050
    $692,700
    $981,750

    Comparable in this City

    • Value Estimation
      $1,335,000
      9,150 SF

      2601 Robinson Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 9,150 SF
      2601 Robinson Ave, Springdale, AR 72764-0355
      View Details
    • Value Estimation
      $1,465,000
      17,528 SF

      104 Thompson St Sta, Unit A

      WHOLESALE OUTLET, DISCOUNT STORE • 17,528 SF
      104 Thompson St Sta, Springdale, AR 72764-4237
      View Details
    • Value Estimation
      $2,095,000
      15,244 SF

      906 Thompson St

      WHOLESALE OUTLET, DISCOUNT STORE • 15,244 SF
      906 Thompson St, Springdale, AR 72764-5232
      View Details
    • Value Estimation
      $585,000
      14,500 SF

      4388 Thompson St

      WHOLESALE OUTLET, DISCOUNT STORE • 14,500 SF
      4388 Thompson St, Springdale, AR 72764-8051
      View Details
    • Value Estimation
      $1,105,000
      30,015 SF

      4900 Thompson St

      WHOLESALE OUTLET, DISCOUNT STORE • 30,015 SF
      4900 Thompson St, Springdale, AR 72764-2552
      View Details
    • Value Estimation
      $3,515,000
      20,800 SF

      4355 Robinson Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 20,800 SF
      4355 Robinson Ave, Springdale, AR 72764-0354
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,500 SF

      New Retail Spaces in Springdale

      New retail spaces ideal for retail, office, restaurant, medical.
      2588 E Robinson Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      1,824 SF

      New Retail Space in Springdale

      New retail spaces for lease in rapidly developing Springdale corridor.
      2630 E Robinson Ave, Springdale, AR 72764
      View Details
    • $1,550,000
      14,928 SF

      Springdale Multi-Tenant Commercial Property

      Multi-tenant commercial property in Springdale with excellent accessibility.
      1000 Holcomb St, Springdale, AR 72764
      View Details
    • Contact for pricing
      1,488 SF

      Springdale Retail/Office/Restaurant Space

      1,488 SF suite ideal for retail, office, or restaurant.
      1301 E Robinson Ave, Springdale, AR 72764
      View Details
    • $565,000
      0.79 Acres

      Springdale Commercial Lot For Sale

      Commercial lot in Springdale, ideal for retail or restaurant.
      983 W Sunset Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      442 SF

      Downtown Springdale Retail or Office

      Located in the heart of downtown Springdale, suitable for retail/office.
      417 E Emma Ave, Springdale, AR 72764
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,900 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center near University.
      2002 S Pleasant St, Springdale, AR 72764
      View Details
    • $12 SF/Yr

      Retail Space on HWY 71B

      Retail property with frontage on HWY 71B and ample parking.
      812 N Thompson St, Springdale, AR 72764
      View Details
    • $14 SF/Yr

      Retail Space in Springdale

      Retail space with high visibility and easy highway access.
      1900 South Pleasant St, Springdale, AR 72764
      View Details
    • $34 SF/Yr
      4,025 SF

      Prime Retail Opportunity in Springdale

      Retail suites with drive-thru, high visibility, and convenient access.
      1415-1443 West Sunset Ave, Springdale, AR 72764
      View Details
    • $18 SF/Yr

      New Retail, Office, Restaurant Space

      New commercial spaces for lease in rapidly developing Springdale corridor.
      2588 E Robinson Ave, Springdale, AR 72764
      View Details
    • Contact for pricing
      14,880 SF

      Highway 412 Warehouse with Yard

      Warehouse with office space and yard available for lease.
      1801 E Robinson Ave, Springdale, AR 72764
      View Details

    Property Visit Statistics

    • Visits by month
      10.1k
    • Visitors by month
      7.2k
    • Avg Time on site
      15 min
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    Springdale, AR 72764-7331
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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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