10 W 2nd Street, Ward, AR 72176
- Added:
- Jun 1, 2026
- Days on Market:
- 39
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 10 W 2nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 4
- Standard status
- Active
- Size
- 780 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- PT of BLK/12
- Tax Annual Amount
- 232
Building Details
- Year built
- 1998
- Floors in Building
- 1
Listing agent Jody Huffmaster License #EB00075977 (501) 940-4628
Listing office RE/MAX Encore 19 Ryeland Dr, Suite A Suite D, Cabot, AR (501) 843-3067
Listing date Jun 1, 2026
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
- Commercial investment property built in 1998
- Current tenant paying $700 per month and wants to stay
Overview
The building is located at 10 W 2nd Street in Ward, AR 72176, in Lonoke County. Public remarks indicate the tenant is currently paying $700 per month and would like to continue occupying the space.
For buyers looking for an income-producing retail asset with immediate occupancy, this property offers a straightforward setup with an established tenant relationship. The relatively small footprint can also appeal to operators seeking a compact storefront format, while the lease continuity noted in the remarks may help reduce near-term downtime associated with re-leasing. As presented, the asset is best suited for investors or owner-operators comfortable underwriting a leased retail building based on the current rent and tenant intent to stay.
Local Financial Insights For Retail
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 | $11.8k | $15.12 |
| − Vacancy | −$708 | −$0.91 |
| EGI | $11.1k | $14.21 |
| − OpEx | −$3.3k | −$4.26 |
| NOI | $7.8k | $9.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ward
- County
- Lonoke
- State
- Arkansas
- Longitude
- -91.951469
- Latitude
- 35.030019
