AR
Washington
Springdale
72762
2964 W Huntsville Avenue
2964 W Huntsville Avenue, Springdale, AR 72762
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
39
$1,499,900

Home Details for 2964 W Huntsville Avenue

Price
$1,499,900
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
7248
Year built
2006
Lot size acres
0.47
County
Washington
Garage
Basement
None
Days on site
384
MLS Listing#
1285487
Property Description

100% Leased Office Building! Gross income is $134K with room to raise rents and lower expenses, reducing tax assessment and overhead. Potential to grow to $145k gross income, and $105K+ net income in 9 months. Current cap rate is 5.9%, proforma cap at 7%. The property has a brand new roof, concrete parking lot, mostly brick exterior, and plenty of parking just 1 mile from the highway making this an attractive office location for tenants. At this price of $206 PSF, it would be difficult to replace this building with today's construction costs. Avg days to rent a space in this building is only 59 days. This versatile building includes three restrooms, a reception area, break room, ample storage, and abundant parking for tenants and visitors. The all-brick exterior and professionally landscaped grounds create a professional and inviting atmosphere. Located on W Huntsville Ave, which sees approx. 23K VPD and approx. 1 mile from I-49, which sees around 105K VPD. Don't miss out on this exceptional investment opportunity!

View Virtual Tour
Property Features
  • Utilities
    • Electricity Available
    • Sewer Available
    • Water Available
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Parking
    • Parking Lot
  • Basement
    • None
Listing Courtesy: Keller Williams Market Pro Realty Bentonville West - 479-231-1355
Presented by: Salmonsen Group Realtors
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Northwest Arkansas Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Northwest Arkansas Board of REALTORS®. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from NORTHWEST ARKANSAS BOARD OF REALTORS.
EXIT TAYLOR REAL ESTATE
1997 W. Pickens Rd, Pea Ridge, AR 72751
Richard LeBouff
License #: EB00094572
Executive Broker
Office
479 488 6120
Agent
479 586 2116
Request more details
Code: