1087 48Th StSpringdale, AR 72762

Property Details for 1087 48Th St

Year built

2015

Lot size

1.28 AC

Property size (Sq ft)

2,840 SF

Property type

Drive through restaurants

APN

815-39271-000

APU

81539271000

Description

Springdale Plaza, located at 1087 N 48th St, Springdale, AR 72762, offers a prime retail opportunity. This multi-tenant property boasts a total of 8,000 square feet, with 4,700 square feet currently available for lease. The property is situated in Washington County, Arkansas, benefiting from excellent visibility and accessibility. The spacious 4,700 square foot vacant unit presents a blank canvas for a variety of retail businesses. The existing building provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. The property's location within Springdale ensures high foot traffic and exposure to a substantial customer base. This is an exceptional opportunity for businesses seeking a well-established location in a thriving community. The property type is retail, and the tenancy is multiple, indicating a vibrant and diverse commercial environment. The address is easily accessible and well-suited for both customers and employees. This space is ideal for businesses looking to establish a strong presence in the Springdale market. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Contact us to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $310,290

  6.5%

  $286,422

  7%

  $265,963

• Comparable approach

  Method

  Valuation

  Relative Method

  $211,271

  Geo Method

  $211,271

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $588,590

  Mixed-Use / Specialty

  $273,261

  Hospitality / Lodging

  $184,679

  Office

  $258,994

  Institutional / Educational

  $279,743

  Residential Income

  $327,299

  Multifamily

  $459,842

  Automotive / Energy

  $239,780

  Parking / Income-Based Land

  $94,738.30

  Restaurant / Food Service

  $116,218

  Healthcare / Senior Housing

  $292,673

Location Insight

City

Springdale

County

Washington

State

Arkansas

Latitude

36.1952

Longitude

-94.1817

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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