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Warehouse for Sale with Garage
For Sale
$144,900

1004 Double L Road, White Hall, AR 71602

Warehouse property offered for sale in Jefferson County with a compact building size suited for light industrial or storage use.

Property Size2,400 SF
Price / SF$60.38
Days on Market55

Property Features for 1004 Double L Road

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 4

Taxes and HOA fees

Annual Taxes $344

Amenities

Electric, Central Air
Electric, Central
Fenced, Full

Building Details

Building Size 2,400 SF
Year Built 2018
Buildings 1
Listing Agency: Lunsford & Associates Realty Co.
Listed By: Lee Bateman
Source: Evrealestate
Added: Jun 19 Changed: Aug 8 Last Checked: Aug 11 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lunsford & Associates Realty Co.

Investment Insights

Based on property information with market context.

This for-sale warehouse property includes a compact building configuration intended for storage or light industrial use. The offering is listed as 2,400 square feet, providing a manageable footprint for small operators, contractors, or warehousing needs. The property is presented as a warehouse/other warehouse type within the commercial real estate category.

The property is located at 1004 Double L Road in White Hall, Arkansas, in Jefferson County. Access directions are provided from Claud Rd to Double L, with the property on the left after turning right onto Double L. This simple access route is intended to help drivers reach the site efficiently.

Given the building size and warehouse orientation, this property can be a practical fit for tenants or buyers looking for an owner-operator setup or a dedicated storage facility. It may also work for businesses needing straightforward space to store materials, equipment, or inventory. Buyers should review the property details and confirm suitability for their specific operational requirements.

Key Highlights

  • Year built 2018
  • Electric, central air conditioning
  • Electric, central heating

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
$12,064
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
8.33%
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%
$241,280 $241.3K
Cap Rate 7%
$172,343 $172.3K
Cap Rate 9%
$134,044 $134.0K
Market Conditions
NOI Build-Up for 2,400 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
$15.8K $6.60/SF
− Vacancy
−$1.6K −$0.69/SF
EGI
$14.2K $5.91/SF
− OpEx
−$2.1K −$0.89/SF
NOI
$12.1K $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%
$241,280
Cap Rate 7%
$172,343
Cap Rate 9%
$134,044

Alternative Uses

Best Use
Warehouse
$172.3K
$150.8K – $201.1K (±1% cap)
NOI $12,064 @ 7.0% cap · market cap 8.33%
Second Best
no second resolved use
Theoretical Best
Office A
$615.3K
$538.4K – $717.9K (±1% cap)
NOI $43,072 @ 7.0% cap · market cap 29.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Balanced
Demand for This Use

Demographics for 71602, AR

16,112
Population
7,489
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
131.0 sq mi
ZIP Area
123
Density / Sq Mi
$54,936
Median Household Income
$35,644
Median Earnings
$900
Median Rent
$135,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property offered for sale in Jefferson County with a compact building size suited for light industrial or storage use.
Where is this warehouse located?
The property is located at 1004 Double L Road White Hall, AR.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Year built 2018; Electric, central air conditioning; Electric, central heating
More about this property
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