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    Retail Building in Growing Area Title is generated by Realmo AI

    502 W Main, Cabot, AR 72023

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    Claim this Listing
    For Lease
    $7,567/Mo $28 SF/Yr (calc)

    Lease, Traditional - Cabot, AR

    Property size:
    3,200 SF
    Lot size:
    1.10 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    154
    Last Refresh:
    May 21 at 7:06 pm

    Property Features for 502 W Main

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C-2
    Parking
    30
    Exterior features
    Partially Fenced, Guttering, Pole Sign, Overhead Doors
    Fencing
    Fenced, Partial
    Standard status
    Active
    Size
    3,200 SF
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1788

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Brick, Vinyl Siding
    Roof type
    Metal
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Ted Arnett
    Ted Arnett

    Listing agent Ted Arnett

    Listing office Arnett Realty & Investments 903 B W Main St, Cabot, AR

    Listing date Dec 18, 2025

    MLS# 25049526 Listing URL

    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.

    HighLights

    • Prime location on W. Main in Cabot, experiencing high demand due to explosive growth.
    • Absolute NNN Lease with a minimum 10‑year term.
    • High traffic count: over 21,500 vehicles per day.
    • Strong population density in the area.
    • Flexible usage: can be used as is, renovated, or demolished for new construction.
    • Zoned C‑2 with city utilities.

    Overview

    This 3,200 square foot building features 3 suites and fronts W. Main in Cabot, Arkansas. The property is located in an area experiencing heightened demand due to explosive growth and lack of availability. The surrounding area includes new construction such as Chick-Fil-A, Aldi's, Freddy's steak burgers, Take 5 auto, Hampton Inn & Holiday Inn. The estimated traffic count is greater than 21,500 vehicles per day. The population within a 1 mile radius is approximately 6,581, and within a 3 mile radius, it is approximately 27,755. The property is zoned C-2 and has city utilities. The building and 1.1 acre land is offered in an Absolute NNN Lease with a minimum 10 year term. The building can be used as is, renovated, or demolished for new construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J Mark Goings: ... Insurance Agency Mitchell Attales: Allstate ... Insurance Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cabot
    County
    Lonoke
    State
    Arkansas
    Longitude
    -92.019609
    Latitude
    34.976029

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    FAQs

    What type of property is this?
    Retail space - 3,200 SF retail building in Cabot, Arkansas for lease.
    Where is this retail space located?
    The property is located at 502 W Main Cabot, AR.
    What is the lease rate?
    The lease rate is $7,567 /Mo.
    What are key features of this property?
    This property features: Prime location on W. Main in Cabot, experiencing high demand due to explosive growth.; Absolute NNN Lease with a minimum 10‑year term.; High traffic count: over 21,500 vehicles per day.
    (501) 837-0143
    We can help!
    Listing Contact
    Ted Arnett
    Ted Arnett
    Real Estate License ID: PB00058662
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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