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    Property profile & analytics

    3251 Sunset Ave Springdale, AR 72762-4947

    • Outlet malls
    • 13,200 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimations
    $1,245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0783566
    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

    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens / Pharmacy
    • Walgreens Pharmacy / Pharmacy
    • Coinhub Bitcoin ATM Teller / Atm
    • Timothy Jenkins / Pharmacy

    Property Details for 3251 Sunset Ave

    Year built
    2012
    Lot size
    1.24 lot acres
    Property size
    13,200 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    815-29093-020
    APU
    81529093020

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,665,000
      Market price range: $850k - $2.03M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,540,000
      Current use
      AUTO REPAIR, GARAGE
      $1,650,000
      Change: +7% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1661
    Latitude
    36.1745
    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
    $17,452
    $105,490
    $288,344
    $393,834
    -
    $527,450
    $1,441,720
    $1,969,170

    Comparable in this City

    • Value Estimation
      $13,905,000
      193,140 SF

      4139 Sunset Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 193,140 SF
      4139 Sunset Ave, Springdale, AR 72762-4803
      View Details
    • Value Estimation
      $14,995,000
      196,657 SF

      4870 Elm Spgs Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 196,657 SF
      4870 Elm Spgs Rd, Springdale, AR 72762-3749
      View Details
    • Value Estimation by Request
      12,400 SF

      1048 48th St

      WHOLESALE OUTLET, DISCOUNT STORE • 12,400 SF
      1048 48th St, Springdale, AR 72762-5819
      View Details
    • Value Estimation
      $2,395,000
      72,900 SF

      1010 48th St

      WHOLESALE OUTLET, DISCOUNT STORE • 72,900 SF
      1010 48th St, Springdale, AR 72762-5819
      View Details
    • Value Estimation
      $11,065,000
      140,755 SF

      1517 Gene George Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 140,755 SF
      1517 Gene George Blvd, Springdale, AR 72762-0716
      View Details
    • Value Estimation
      $3,845,000
      122,480 SF

      4326 Hidden Crk Ln

      WHOLESALE OUTLET, DISCOUNT STORE • 122,480 SF
      4326 Hidden Crk Ln, Springdale, AR 72762-3000
      View Details

    Similar Nearby for Sale

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      1,500 SF

      Retail Strip Center on Highway

      New retail strip center with spaces divisible by 1500 sq ft.
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      Upscale Retail Development in Springdale

      New retail spaces available in mixed-use development near Highway 412.
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      Tontitown Retail Opportunity

      Flexible retail space in a high-growth Northwest Arkansas location.
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      Retail Space in Springdale, AR

      Planned retail space in a growing Northwest Arkansas community.
      895 E Henri De Tonti Blvd, Springdale, AR 72762
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      Retail Space in Springdale

      Planned retail space available in fast-growing Northwest Arkansas community.
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    Similar Nearby for Lease

    • $37 SF/Yr
      1,860 SF

      Retail Center with Drive-Thru Options

      Prime retail location in fast-growing Tontitown, drive-thru opportunities available.
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      View Details
    • $28 SF/Yr
      7,564 SF

      Retail Center with Drive-Thru Opportunities

      Planned retail center with highway frontage and drive-thru.
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      View Details
    • $32 SF/Yr

      New Retail/Drive-Thru Corridor

      New construction retail/drive-thru corridor in Har-Ber Meadows.
      6522 W Sunset Ave, Springdale, AR 72762
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      Retail Space on Sunset Avenue

      Retail space available for lease in Springdale, Arkansas.
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      View Details
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      Retail Space on Highway 412

      Retail space with high visibility and ample parking.
      1210 Jtl Pkwy, Springdale, AR 72762
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Available For Rent

      3,000 square feet of retail space for lease.
      5244 W Sunset Ave, Springdale, AR 72762
      View Details
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    3251 Sunset Ave
    Springdale, AR 72762-4947
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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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