772 48Th StSpringdale, AR 72762

Property Details for 772 48Th St

Year built

1967

Construction

WOOD FRAME

Lot size

4.52 AC

Property size (Sq ft)

79,880 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

815-30054-070

APU

81530054070

Description

This exceptional 127,970 square foot self-storage facility presents a lucrative investment opportunity in Springdale, Arkansas. Strategically located near the intersection of Highway 412 and I-49, this new construction boasts unparalleled visibility from I-49, ensuring high traffic and strong tenant demand. The property encompasses 15.89 acres, with the existing facility comprising 555 individual storage units. A significant advantage is the inclusion of a 4,600 square foot flex space, offering versatile usage potential for additional income streams or expansion of existing operations. The property's strategic location and modern construction contribute to its high rental occupancy potential. Furthermore, the property includes 6.21 acres of pad-ready land, perfectly positioned for Phase II development, allowing for significant future expansion and increased revenue generation. This presents a unique opportunity to capitalize on the growing self-storage market in a prime location with immediate income potential and substantial long-term growth prospects. The asking price for this exceptional property is $15,150,000. This is a turnkey operation ready for immediate ownership and management.

• Alternative Use

  Use

  Valuation

  Residential

  $7,970,285

  Hospitality

  $7,300,738

  Educational

  $6,074,128

  Medical

  $6,283,027

  Retail

  $9,448,644

Location Insight

City

Springdale

County

Washington

State

Arkansas

Latitude

36.1793

Longitude

-94.1853

CBSA code

22220

CBSA name

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

Property Tax & Assessments

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