Flex Space with Covered
For Sale
$135,000
102 Main Street, England, AR 72046
Commercial / Industrial, Traditional, England, AR
Property Size861 SF
Lot Size0.24 Acres
Price / SF$156.79
Days on Market248
Property Features for 102 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Parking
50
Interior features
Smoke Detector, Ceiling Fans
Subdivision
OT England City
Lot features
Level, Corner Lot, City Lot
Directions
Car Lot and Building located on Main St
Standard status
Active
Size
861 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
Lot 13-15, Block 23
Tax Annual Amount
765
Legal Description
Lot 13-15, Block 23
Building Details
Year built
2000
Floors in Building
1
Flooring type
Tile, Carpet - Partial
Roof type
Composition
Architectural style
Other
Listing Agency:
Young Home Sales
(501) 239-2443
Listed By:
Jessica Lyons
(870) 692-4382
Added: Jan 15
Changed: Sep 15
Last Checked: Sep 20 at 2:06AM
MLS# 26002286
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 861-square-foot flex property, built in 2000, includes office space and a separate metal building with covered parking. Interior features include smoke detectors, ceiling fans, tile flooring, and partial carpet. The building has a composition roof and is situated on a 0.24-acre lot measuring 10,500 square feet.
Located at 102 Main Street in England, Arkansas, the property is positioned in a highly visible setting. Its combination of office space, supplemental metal-building area, and covered parking supports a range of commercial applications.
Located at 102 Main Street in England, Arkansas, the property is positioned in a highly visible setting. Its combination of office space, supplemental metal-building area, and covered parking supports a range of commercial applications.
Key Highlights
- 861‑square‑foot flex property built in 2000
- 0.24‑acre lot measuring 10,500 square feet
- Office space plus an additional metal building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,198
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$163,960
$164.0K
Cap Rate 7%
$117,114
$117.1K
Cap Rate 9%
$91,089
$91.1K
Market Conditions
NOI Build-Up for 861 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$12.3K $14.28/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$10.9K $12.69/SF
− OpEx
−$2.7K −$3.17/SF
NOI
$8.2K $9.52/SF
Area
Lonoke County, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$163,960
Cap Rate 7%
$117,114
Cap Rate 9%
$91,089
Alternative Uses
Best Use
Office B
$117.1K
$102.5K – $136.6K
NOI $8,198 @ 7.0% cap · market cap 6.07%
Second Best
Flex RnD
$48.5K
$42.4K – $56.6K
NOI $3,394 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$175.3K
$153.4K – $204.5K
NOI $12,271 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72046, AR
3,965
Population
1,897
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
86%
High-School Grad
232.8 sq mi
ZIP Area
17
Density / Sq Mi
$57,952
Median Household Income
$39,444
Median Earnings
$784
Median Rent
$99,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial property with office space, an additional metal building, and covered parking.
Where is this flex space located?
The property is located at 102 Main Street England, AR.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 861‑square‑foot flex property built in 2000; 0.24‑acre lot measuring 10,500 square feet; Office space plus an additional metal building
