Fenced Flex Building with
For Sale
$1,100,000
3110 AUTO Dr, Pine Bluff, AR 71601
Commercial / Industrial, Built to Suit, Pine Bluff, AR
Property Size15,064 SF
Lot Size6.72 Acres
Price / SF$73.02
Days on Market643
Property Features for 3110 AUTO Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System, Security
Interior features
Public Restrooms, Kitchen Area, Security System
Exterior features
Fully Fenced, Partially Fenced, Overhead Doors, Security
Fencing
Full, Partial
Subdivision
Not in List
Lot features
Level, Cul-de-sac, Major Road Frontage
Directions
MARTHA MITCHELL EXPRESSWAY TO COMMERCE RD, TURN LEFT ONTO HARDING AVE THEN RIGHT ONTO AUTO DR, GO TO THE END AND TURN RIGHT ONTO THE PARKING LOT.
Standard status
Active
Size
15,064 SF
Lot size
6.72 Acres
Taxes and HOA fees
Tax Description
930-43983-000 & 930-43984-000
Tax Annual Amount
9846
Legal Description
930-43983-000 & 930-43984-000
Building Details
Year built
1989
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
Blue Ink Real Estate
Listed By:
Teresa Lambert
(870) 489-0973
Added: Dec 11, 2024
Changed: Sep 14
Last Checked: Sep 15 at 6:06AM
MLS# 24044715
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 flex property provides 15,064 square feet of commercial space on a 6.727-acre site. The building includes a showroom, offices, storage, a large shop, and an additional work area. Three roll-up doors serve the main shop, while a fourth overhead door provides access to the separate work area. Office areas are fully air conditioned, and the shop is heated. Interior features include public restrooms, a kitchen area, a security system, concrete and tile flooring, and a metal roof.
The property is located at 3110 Auto Dr. in Pine Bluff, Arkansas, approximately 1 mile from Highway 65 S and 1.5 miles from I-530. The site includes fenced areas and a gated entrance, with a separate 2-acre parcel identified for potential expansion. The address is in Jefferson County and carries a 71601 ZIP code.
The property is located at 3110 Auto Dr. in Pine Bluff, Arkansas, approximately 1 mile from Highway 65 S and 1.5 miles from I-530. The site includes fenced areas and a gated entrance, with a separate 2-acre parcel identified for potential expansion. The address is in Jefferson County and carries a 71601 ZIP code.
Key Highlights
- 15,064‑square‑foot flex building on a 6.727‑acre site
- Showroom, offices, storage, large shop, and separate work area
- Three roll‑up doors at the main shop plus a fourth overhead door
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
$75,720
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
6.88%
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%
$1,514,400
$1.5M
Cap Rate 7%
$1,081,714
$1.1M
Cap Rate 9%
$841,333
$841.3K
Market Conditions
NOI Build-Up for 15,064 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
$99.4K $6.60/SF
− Vacancy
−$10.3K −$0.69/SF
EGI
$89.1K $5.91/SF
− OpEx
−$13.4K −$0.89/SF
NOI
$75.7K $5.03/SF
Area
Jefferson County, AR
Vacancy
10.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
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%
$1,514,400
Cap Rate 7%
$1,081,714
Cap Rate 9%
$841,333
Alternative Uses
Best Use
Flex RnD
$3.14M
$2.75M – $3.66M
NOI $219,660 @ 7.0% cap · market cap 19.97%
Second Best
Warehouse
$1.08M
$946.5K – $1.26M
NOI $75,720 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$3.86M
$3.38M – $4.51M
NOI $270,351 @ 7.0% cap · market cap 24.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71601, AR
13,881
Population
6,573
Households
2.1
Avg Household Size
34
Median Age
15%
College-Educated
86%
High-School Grad
115.4 sq mi
ZIP Area
120
Density / Sq Mi
$36,688
Median Household Income
$23,586
Median Earnings
$802
Median Rent
$67,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial facility with conditioned offices, work areas, overhead doors, and additional land for expansion.
Where is this flex space located?
The property is located at 3110 AUTO Dr Pine Bluff, AR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 15,064‑square‑foot flex building on a 6.727‑acre site; Showroom, offices, storage, large shop, and separate work area; Three roll‑up doors at the main shop plus a fourth overhead door
