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Live-Work Flex Property

13870 Highway 279 Gravette, AR 72739

13870 Highway 279, Gravette, AR, 72739
$990,000
For Sale
$990,000

SINGLE_FAMILY - Gravette, AR

Property Size8,918 SF
Lot Size2.00 Acres
Price / SF$111.01
Days on Market331

Property Features for 13870 Highway 279

General Information

Property type
Residential
Property subtype
Office
Property condition
Under Construction
Exterior features
Storage
Standard status
Active
APN
11-00002-183
Size
8,918 SF
Lot size
2.00 Acres

Taxes and HOA fees

Tax Description
A PART OF THE NE/4 OF THE SE/4 OF SECTION 6, WNSHIP 20 NORTH, RANGE 31 WEST, BENTON COUNTY, ARKANSAS
Tax Annual Amount
375

Utilities

Sewer type
Septic Tank
Water source
Public

Building Details

Additional Structures
Storage
Listing agency Steve Fineberg & Associates
Listed by Steve Fineberg · License #PB00049764
Added: Aug 27, 2025 Updated: Jul 7 at 10:33AM Checked: Jul 23 at 12:06AM
MLS# 1319438

Copyright © 2026 ArkansasONE MLS. 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 live-work flex property is designed for both functional workspace and comfortable living. The facility features four large roll-up doors, high ceilings, and modern LED lighting, creating a practical interior for contractors and small business operations. The layout also includes a dedicated living area with two bedrooms, six bathrooms, and a full modern kitchen.

Set on a 2-acre lot, the property includes a spacious yard that can support outdoor storage for equipment or vehicles. The site is positioned about 3–5 minutes from Hwy 72 and 279 N, supporting straightforward regional access for daily operations and commuting.

For owners, operators, or buyers who want an all-in-one arrangement, the combination of roll-up access, clear height, and flexible workspace makes it workable for light industrial or service-oriented uses while still maintaining on-site living. The on-site yard provides additional room for keeping equipment organized and accessible, reducing the need for off-site storage. The offering is best suited to users seeking a versatile property rather than a standalone office or warehouse.

Key Highlights

  • Versatile live/work space ideal for contractors or small business owners.
  • Four large roll‑up doors and high ceilings for functional workspace.
  • Spacious yard provides ample outdoor storage.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $149.8k $16.80
− Vacancy −$10.8k −$1.21
EGI $139.0k $15.59
− OpEx −$48.7k −$5.46
NOI $90.4k $10.13
8,918 SF · lease $16.80/SF/yr · vacancy 7.20% · expense 35.00%

Alternative Uses

Best Use
Office B
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,388 @ 7.0% cap · market cap 13.98%
Second Best
Flex RnD
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,373 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M (±1% cap)
NOI $171,551 @ 7.0% cap · market cap 17.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Work-ready space with four roll-up doors plus a two-bedroom living area and outdoor yard storage.
Where is this live-work space located?
The property is located at 13870 Highway 279 Gravette, AR.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Versatile live/work space ideal for contractors or small business owners.; Four large roll‑up doors and high ceilings for functional workspace.; Spacious yard provides ample outdoor storage.
Contact an agent
More about this property
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