Flex Space with High-Clearance
For Sale
$825,000
3369 36 Highway, Searcy, AR 72143
COMMERCIAL - Searcy, AR
Property Size16,000 SF
Lot Size2.10 Acres
Price / SF$50.17
Days on Market324
Property Features for 3369 36 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Kitchen Area, Living Area, Video Surveillance
Lot features
Level
Directions
From Highway 13 head W on Highway 36 for .08 miles building on the left.
Subdivision
WHITE COUNTY (SW)
Standard status
Active
Size
16,445 SF
Lot size
2.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
In File
Tax Annual Amount
3152
Legal Description
In File
Building Details
Year built
2000
Floors in Building
2
Flooring type
Concrete, Vinyl
Roof type
Membrane
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga · License #AR PB00076250
(501) 515-2658
Added: Sep 22, 2025
Changed: Aug 4
Last Checked: Aug 11 at 10:06PM
MLS# 25038007
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.
Flex space opportunity featuring a 16,000 sq ft building with a dedicated showroom, living quarters, and a large shop area. Designed for sizable equipment, the shop has 24 ft shop clearance and a 16 ft high door. Interior layout includes a private office and conference rooms, plus a kitchen area and living area. The building has two full bathrooms and three half bathrooms. Flooring includes vinyl and concrete, and interior features include video surveillance. The roof is membrane, and the property was built in 2000.
Located at 3369 36 Highway in Searcy, AR 72143 (White County), the property offers prime highway frontage for visibility and access.
Set on 2.1 acres, the combination of showroom, owner-operator living quarters, and high-clearance shop supports flexible uses within a single facility.
Located at 3369 36 Highway in Searcy, AR 72143 (White County), the property offers prime highway frontage for visibility and access.
Set on 2.1 acres, the combination of showroom, owner-operator living quarters, and high-clearance shop supports flexible uses within a single facility.
Key Highlights
- 16,000 sq ft flex space with dedicated showroom and large shop area
- 24 ft shop clearance with a 16 ft high door for large equipment
- Two full bathrooms and three half bathrooms
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
$75,147
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
9.11%
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%
$1,502,940
$1.5M
Cap Rate 7%
$1,073,529
$1.1M
Cap Rate 9%
$834,967
$835.0K
Market Conditions
NOI Build-Up for 16,445 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
$98.7K $6.00/SF
− Vacancy
−$10.3K −$0.62/SF
EGI
$88.4K $5.38/SF
− OpEx
−$13.3K −$0.81/SF
NOI
$75.1K $4.57/SF
Area
White County, AR
Vacancy
10.40%
Lease Rate
$6.00 /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%
$1,502,940
Cap Rate 7%
$1,073,529
Cap Rate 9%
$834,967
Alternative Uses
Best Use
Flex RnD
$2.00M
$1.75M – $2.33M
NOI $139,872 @ 7.0% cap · market cap 16.95%
Second Best
Retail
$1.85M
$1.62M – $2.16M
NOI $129,850 @ 7.0% cap · market cap 15.74%
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,522 @ 7.0% cap · market cap 25.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
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 - Flex space on 2.1 acres with a dedicated showroom, living quarters, and a high-clearance shop for large equipment.
Where is this flex space located?
The property is located at 3369 36 Highway Searcy, AR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 16,000 sq ft flex space with dedicated showroom and large shop area; 24 ft shop clearance with a 16 ft high door for large equipment; Two full bathrooms and three half bathrooms
