Commercial Real Estate in Springdale – Page 9

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Reonomy attracts a large community of Springdale commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Springdale commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Arkansas Springdale
Average price/sqft $1,075 $565 $120
Median price/sqft $120 $98 $111
Average sold price $1,044,280 $459,070 $422,686
Median sold price $197,184 $66,674 $217,686
Number of sales 3,896,619 56,037 1,419
Number of sales over $250k 1,652,112 12,448 602
Number of sales over $1m 376,992 3,327 84
Number of sales over $10m 51,617 234 3
Average total tax amount $9,270 $704 $2,264
Average assessed value $316,885 $14,071 $44,583
Average market value $436,996 $70,360 $222,917

Springdale commercial real estate property averages

Property averages United States Arkansas Springdale
Average lot size 816,554 sf 937,359 sf 190,877 sf
Median lot size 24,475 sf 67,663 sf 25,951 sf
Average building area 1,077 sf 315 sf 154 sf
Median building area 77 sf 30 sf 63 sf
Median year built 1971 1986 1992
Average number of units 16 21 11
Median number of units 2 3 2

Springdale commercial real estate total supply

Supply United States Arkansas Springdale
Number of parcels 58,466,290 1,174,111 12,777
Aggregate lot acerage 1,006,474,711 15,511,977 45,195
Aggregate building area 8,055,396,245 sf 25,744,404 sf 543,882 sf
Aggregate units 90,031,430 321,556 17,805

Springdale commercial real estate industrial mortgages

Debt United States Arkansas Springdale
Number of mortgages 41,929,296 376,524 16,835
Average value of mortgages $5,197,800 $5,652,393 $24,903,125

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