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Two-Building Flex Property
For Sale
$375,000

16503 Damascus Ar 72039 Highway, Damascus, AR 72039

Commercial / Industrial, Traditional, Damascus, AR

Property Size6,316 SF
Lot Size2.04 Acres
Price / SF$59.37
Days on Market426

Property Features for 16503 Damascus Ar 72039 Highway

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Lot features Level, Cleared, Not in Subdivision, Mountain View
Directions From Conway take Hwy 65 North to Damascus. Property on the right. Look for Signs.
Subdivision Van Buren County
Standard status Active
Size 6,316 SF
Lot size 2.04 Acres

Taxes and HOA fees

Tax Description 32-09-13
Tax Annual Amount 1986
Legal Description 32-09-13

Amenities

portable parking garage
RV hookups

Building Details

Year built 2007
Floors in Building 2
Flooring type Concrete
Roof type Metal
Architectural style Other
Listing Agency: Arkansas Mountain Real Estate
Listed By: Kimberly Holland
Added: Jul 15, 2025 Changed: Sep 5 Last Checked: Sep 13 at 4:06AM
MLS# 25028040

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 6,316-square-foot flex property includes two buildings on 2.04 acres, with a 2007 construction date. The improvements offer two bathrooms, a kitchenette, stained concrete flooring, and separate heating and cooling systems for each building. Two entrances create the potential to operate the buildings independently, while a portable parking garage adds supplemental on-site utility. One building may also accommodate residential quarters.

The property has frontage on Highway 65 in Damascus, Arkansas, and includes ample parking. Five RV hookups are located on the site, providing an additional property feature for commercial users or operators seeking supplemental rental functionality. Metal roofing and concrete flooring are also in place.

Key Highlights

  • 6,316 square feet across two buildings on 2.04 acres
  • Highway 65 frontage in Damascus, AR
  • Five RV hookups on the property

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72039, AR

2,254
Population
944
Households
2.4
Avg Household Size
40
Median Age
16%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
37
Density / Sq Mi
$59,018
Median Household Income
$37,792
Median Earnings
$974
Median Rent
$147,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Separate entrances and independent heating and cooling systems support flexible occupancy across the buildings.
Where is this flex space located?
The property is located at 16503 Damascus Ar 72039 Highway Damascus, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 6,316 square feet across two buildings on 2.04 acres; Highway 65 frontage in Damascus, AR; Five RV hookups on the property
More about this property
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