Commercial Land with Workshop
199 D Street Centerton, AR 72719
199 D Street, Centerton, AR, 72719
$289,900
For Sale
$289,900
LAND - Centerton, AR
Property Size1,500 SF
Lot Size0.73 Acres
Price / SF$193.27
Days on Market15
Property Features for 199 D Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 06-00075-000
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Description
- See attached
- Tax Annual Amount
- 607
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
809 S 52nd Street, Rogers, AR
Listed by
The Home Team
(479) 256-0250
Added: Jul 4 Checked: Jul 18 at 3:06 pm
MLS# 1353299
Listing URL
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 offering presents a level commercial development site in Centerton, Arkansas, including a workshop building of approximately 1,500 sq. ft. The property is situated on a 0.73-acre lot and is zoned C-3 Commercial. The existing workshop space can support storage, office use, contractor work, or function as support during future development.
Located about one block off Centerton Boulevard, the site is described as providing easy access and strong visibility within a commercial and growth-oriented area. Public remarks also note proximity to major retail, restaurants, and residential development.
Owner financing is available, and the seller is willing to “beat the bank’s rate by 1%,” with details available through the agent.
Located about one block off Centerton Boulevard, the site is described as providing easy access and strong visibility within a commercial and growth-oriented area. Public remarks also note proximity to major retail, restaurants, and residential development.
Owner financing is available, and the seller is willing to “beat the bank’s rate by 1%,” with details available through the agent.
Key Highlights
- 0.73‑acre level C‑3 Commercial lot in Centerton, about one block off Centerton Boulevard
- Zoned C‑3 Commercial for a variety of commercial and business uses
- Includes an approximately 1,500 SF workshop building for storage, office, contractor use, or development support
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 | $25.2k | $16.80 |
| − Vacancy | −$1.8k | −$1.21 |
| EGI | $23.4k | $15.59 |
| − OpEx | −$8.2k | −$5.46 |
| NOI | $15.2k | $10.13 |
1,500 SF · lease $16.80/SF/yr · vacancy 7.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$217.2K
$190.0K – $253.4K
NOI $15,201 @ 7.0% cap · market cap 5.24%
Second Best
Warehouse
$97.9K
$85.7K – $114.2K
NOI $6,854 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$412.2K
$360.7K – $480.9K
NOI $28,855 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Level C-3 commercial lot with an approximately 1,500 sq. ft. workshop building in Centerton, AR.
Where is this commercial land located?
The property is located at 199 D Street Centerton, AR.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 0.73‑acre level C‑3 Commercial lot in Centerton, about one block off Centerton Boulevard; Zoned C‑3 Commercial for a variety of commercial and business uses; Includes an approximately 1,500 SF workshop building for storage, office, contractor use, or development support
