Metal Auto Garage
1604 E Booth Searcy, AR 72143
1604 E Booth, Searcy, AR, 72143
$450,000
For Sale
$450,000
COMMERCIAL - Searcy, AR
Property Size5,000 SF
Lot Size1.40 Acres
Price / SF$90
Days on Market27
Property Features for 1604 E Booth
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Exterior features
- Partially Fenced
- Fencing
- Partial
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Description
- Lot 3 of Qwikway Plaza Add
- Tax Annual Amount
- 1116
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Flooring type
- Concrete
Listing agency
Goff Realty
(501) 882-2224
Listed by
Clay Goff
(501) 882-9234
Added: Jun 27 Updated: Jul 16 at 3:21PM Checked: Jul 23 at 2:06AM
MLS# 26028550
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 5,000-square-foot metal building is currently operated as an auto garage. It includes three overhead doors, office space, and two bathrooms, providing a functional layout for a variety of business uses.
The property sits on 1.4 acres in Searcy city limits. With its existing automotive configuration and on-site improvements, the building may be well-suited for an investor or tenant seeking a flexible commercial space.
Offices and restrooms are already in place, while the overhead doors support operations requiring vehicle access and straightforward loading.
The property sits on 1.4 acres in Searcy city limits. With its existing automotive configuration and on-site improvements, the building may be well-suited for an investor or tenant seeking a flexible commercial space.
Offices and restrooms are already in place, while the overhead doors support operations requiring vehicle access and straightforward loading.
Key Highlights
- 5,000 SF metal building currently used as an auto garage; could be converted for other business uses
- 1.4 acres located in Searcy city limits
- Includes three overhead doors for vehicle access
Local Financial Insights For Retail
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 | $60.0k | $12.00 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $56.4k | $11.28 |
| − OpEx | −$16.9k | −$3.38 |
| NOI | $39.5k | $7.90 |
5,000 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$564.0K
$493.5K – $658.0K
NOI $39,480 @ 7.0% cap · market cap 8.77%
Second Best
Industrial
$268.8K
$235.2K – $313.6K
NOI $18,816 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$914.4K
$800.1K – $1.07M
NOI $64,008 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Martin's Truck Sales Inc. — Searcy, AR 72143
- Roadmaster Service Center (Searcy) — 2528 Eastline Rd, Searcy, AR 72143
- Roadmaster Service Center — 2528 Eastline Rd, Searcy, AR 72143
- Speedco Truck Lube & Tires — searcy, ar 72143
- Roadmaster Service Center (Little Rock) — 2528 Eastline Rd, Searcy, AR 72143
FAQs
What type of property is this?
Auto shop - Metal building with three overhead doors, office space, and two bathrooms on 1.4 acres in Searcy city limits.
Where is this auto shop located?
The property is located at 1604 E Booth Searcy, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,000 SF metal building currently used as an auto garage; could be converted for other business uses; 1.4 acres located in Searcy city limits; Includes three overhead doors for vehicle access