Brand new 10,500 square-foot building with an 11 year, NNN lease, 2% annual increases. $227,500.00 NOI, 7.9% cap.
The median home value in Cave Springs, AR is $570,000. This is higher than the county median home value of $333,600. The national median home value is $338,100. The average price of homes sold in Cave Springs, AR is $570,000. Approximately 87.97% of Cave Springs homes are owned, compared to 5.29% rented, while 6.73% are vacant. Cave Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cave Springs real estate agent to arrange a tour today!
Cave Springs, Arkansas has a population of 5,224. Cave Springs is more family-centric than the surrounding county with 54.79% of the households containing married families with children. The county average for households married with children is 38.21%.
The median household income in Cave Springs, Arkansas is $140,195. The median household income for the surrounding county is $76,887 compared to the national median of $69,021. The median age of people living in Cave Springs is 34.6 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 47 inches per year, with 8.9 inches of snow per year.