High-Bay Flex
For Sale
$250,000
769 Hwy 36, Vilonia, AR 72173
Commercial / Industrial, Traditional, Vilonia, AR
Property Size3,200 SF
Lot Size0.58 Acres
Price / SF$78.13
Days on Market24
Property Features for 769 Hwy 36
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Lot features
Level
Directions
From I-40 Conway exit #127 Oak St, turn right on 64, go 6.7 miles, left at the light onto 36, go 8.5 miles, shop is on the left by the old Naylor gas station.
Subdivision
VILONIA SCHOOL DISTRICT
Standard status
Active
Size
3,200 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Description
Legal provided by survey
Tax Annual Amount
470
Legal Description
Legal provided by survey
Amenities
reception desk
living quarters
paint room
car lift
Building Details
Year built
2006
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
REMAX Ultimate · RE/MAX International
(501) 730-1958
Listed By:
Kaiser Luebke
(501) 733-7593
Added: Sep 16
Changed: Oct 8
Last Checked: Oct 9 at 5:06PM
MLS# 26037815
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 3,200-square-foot flex property includes an open shop layout, high ceilings, concrete flooring, office areas, a reception desk, storage, and living quarters. Two separately metered shop units support flexible occupancy, while high-bay doors accommodate large vehicles. A paint room and car lift are also included.
The property sits on 0.58 acres at 769 Hwy 36 in Vilonia, with highway frontage, parking, and access to major transportation routes. Built in 2006, the facility has a metal roof and is configured for commercial, industrial, and automotive-oriented operations.
The property sits on 0.58 acres at 769 Hwy 36 in Vilonia, with highway frontage, parking, and access to major transportation routes. Built in 2006, the facility has a metal roof and is configured for commercial, industrial, and automotive-oriented operations.
Key Highlights
- 3,200‑square‑foot flex facility on 0.58 acres
- Highway frontage at 769 Hwy 36, Vilonia, AR 72173
- Two separately metered shop units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,432
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,640
$388.6K
Cap Rate 7%
$277,600
$277.6K
Cap Rate 9%
$215,911
$215.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$31.9K $9.96/SF
− Vacancy
−$2.0K −$0.62/SF
EGI
$29.9K $9.34/SF
− OpEx
−$10.5K −$3.27/SF
NOI
$19.4K $6.07/SF
Area
Faulkner County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,640
Cap Rate 7%
$277,600
Cap Rate 9%
$215,911
Alternative Uses
Best Use
Retail
$450.7K
$394.4K – $525.8K
NOI $31,550 @ 7.0% cap · market cap 12.62%
Second Best
Flex RnD
$277.6K
$242.9K – $323.9K
NOI $19,432 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$729.9K
$638.7K – $851.5K
NOI $51,092 @ 7.0% cap · market cap 20.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72173, AR
9,888
Population
4,090
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
94%
High-School Grad
94.9 sq mi
ZIP Area
104
Density / Sq Mi
$75,819
Median Household Income
$47,044
Median Earnings
$769
Median Rent
$202,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility with separate shop units, office areas, storage, and living quarters.
Where is this flex space located?
The property is located at 769 Hwy 36 Vilonia, AR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,200‑square‑foot flex facility on 0.58 acres; Highway frontage at 769 Hwy 36, Vilonia, AR 72173; Two separately metered shop units
