Property profile

2305 Thompson St Springdale, AR 72764

FOR SALE
Office Building
Property ID
US05-2396049
2,738 SF 0.63 ac lot Built 1960
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Property summary

AI-generated overview

The property is located in Springdale, Washington County, Arkansas, on Highway 71 (a major roadway in the area), across from business establishments including Tyson offices and Walmart, and less than one mile from the Highway 412 intersection. It consists of a 0.629-acre, flat lot with multi-car parking and outside storage. The existing building totals approximately 3,000 square feet and is configured to support a range of commercial uses. Historically, the site has been used for an automotive sales business and previously operated as a flea market. The city has approved a multi-unit development opportunity, subject to buyer verification of intended use. The property’s frontage on Highway 71 provides vehicular access supported by surrounding commercial and industrial activity in the Springdale area.

Property profile

Verified
Property type Office Building
Year built 1960
Total area 2,738 SF
Lot 0.63 ac (27,399 SF)
APN 815-29157-000
UPID US05-2396049

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

2305 Thompson St Springdale, AR 72764
Springdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2019
Last sale
$330,000
1 recorded transaction
2019
$330,000
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More about this property
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