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

    202 Emma Ave Springdale, AR 72764

    • Commercial real estate
    • 5,620 SF
    For Lease
    View listing
    $25 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0838342
    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

    • Menya Kitakara / Restaurant
    • The Cave Barbershop Springdale / Barber Shop
    • Explore Springdale - Visitor Information Center / Travel Agency
    • HomeGrown Springdale / Restaurant
    • Explore Springdale / Travel Agency

    Property Details for 202 Emma Ave

    Year built
    2022
    Property size
    5,620 SF
    Property type
    Commercial real estate
    APN
    815-22933-000
    APU
    81522933000

    Description

    This exceptional 5,557-square-foot retail space is located at 202 E Emma Ave in Springdale, Arkansas, a vibrant downtown area undergoing significant revitalization. The property, built in 2021, is part of the 202 Railside development, a mixed-use building encompassing 21,500 square feet of commercial space and 55 apartments. This single-tenant space offers a high-visibility end-cap location at the corner of E Emma Avenue and Spring Street, providing excellent exposure to high traffic. The property benefits from its proximity to several key attractions, including the Market Center of the Ozarks, The Jones Center, and the Razorback Greenway trail system. The surrounding area boasts a mix of established and new businesses, such as Reign, Gaskins, and Onyx Coffee, contributing to a thriving and attractive commercial environment. Co-tenants within 202 Railside include Homegrown, Bella's Gifts, The Cave Barbershop, and Kitakara, creating a diverse and complementary retail mix. This space presents a unique opportunity for businesses seeking a prominent location in a rapidly growing and revitalized downtown Springdale. The property is situated in Washington County, Arkansas, with a zip code of 72764.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $650,000
      6.5%
      $600,000
      7%
      $560,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1298
    Latitude
    36.1853
    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
    $7,084
    $15,600
    $123,340
    $138,940
    -
    $78,000
    $616,700
    $694,700

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      Springdale, AR 72764

      COMMERCIAL (GENERAL) • 0.50 Acres
      Springdale, AR 72764
      View Details
    • Value Estimation by Request
      0.50 Acres

      Springdale, AR 72764

      COMMERCIAL (GENERAL) • 0.50 Acres
      Springdale, AR 72764
      View Details
    • Value Estimation by Request

      Lutz Rd

      COMMERCIAL (GENERAL)
      Lutz Rd, Springdale, AR 72764
      View Details
    • Value Estimation by Request
      1.09 Acres

      417 Carlock Rd, Unit B

      COMMERCIAL (GENERAL) • 1.09 Acres
      417 Carlock Rd, Springdale, AR 72764-0275
      View Details
    • Value Estimation by Request
      0.26 Acres

      Maple Ave

      COMMERCIAL (GENERAL) • 0.26 Acres
      Maple Ave, Springdale, AR 72764
      View Details
    • Value Estimation by Request
      0.44 Acres

      900 Robinson Ave

      COMMERCIAL (GENERAL) • 0.44 Acres
      900 Robinson Ave, Springdale, AR 72764
      View Details

    Similar Nearby for Sale

    • $899,999
      2.07 Acres

      Springdale Commercial Land - $899,999

      High-traffic corner lot, Hwy 71B & Greenway access.
      Springdale AR 72764 Thompson Rd, Springdale, AR 72764
      View Details
    • $1,995,000
      3.79 Acres

      Springdale Commercial Land - 3.79 Acres

      Prime Development Opportunity in Springdale, AR
      3320 48Th St, Springdale, AR 72764
      View Details
    • $700,000
      0.88 Acres

      Springdale Commercial Land - $700K

      0.88-acre commercial lot, high traffic area.
      1029 Wagon Wheel Rd, Springdale, AR 72764
      View Details
    • $1,650,000
      10,000 SF

      1615 Hangar A Airport Ave, Springdale, AR 72764

      Commercial real estate • 10,000 SF
      1615 Hangar A Airport Ave, Springdale, AR 72764
      View Details
    • $1,400,000
      2.01 Acres

      Springdale Commercial Land - 2 Acres

      Prime Springdale location, C-5 zoning, high visibility.
      1214 Thompson St, Springdale, AR 72764
      View Details
    • $4,691,412
      17.95 Acres

      Prime Springdale Commercial Land

      17.95 Acres, I-1 Zoning, Build-to-Suit Available
      0 Old Wire Rd, Springdale, AR 72764
      View Details

    Similar Nearby for Lease

    • $216 SF/Yr
      38,398 SF

      Springdale Office Park Investment

      Prime Arkansas Office Space, 7,633 SF Vacant
      3291 Thompson St, Springdale, AR 72764
      View Details
    • $900,872
      8,789 SF

      Industrial Property with Refrigerated Storage

      Industrial space with refrigerated storage and fenced yard available for rent.
      1605 W Shady Grove Rd, 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
    • Contact for pricing
      4,335 SF

      American Street Office Building

      Prime Washington County Office Space
      2706 American St, Springdale, AR 72764
      View Details
    • $10 SF/Yr
      2,822 SF

      Springdale Warehouse Space Available

      2822 square foot warehouse space for lease in Springdale.
      2272 Worth Ln, Springdale, AR 72764
      View Details
    • $10 SF/Yr
      2,430 SF

      Industrial Space Available For Rent

      2,430 square feet industrial property available for rent.
      2370 Worth Ln, 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.
    202 Emma Ave
    Springdale, AR 72764
    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.