Warehouse with Retail
For Sale
$1,100,000
10186 Highway 63 N, Bono, AR 72416
Heated and cooled warehouse with rear dock access, storage racking, and parking, positioned for retail-facing visibility.
Property Size20,000 SF
Price / SF$55
Days on Market138
Property Features for 10186 Highway 63 N
General Information
Standard status
Active
Size
20,000 SF
Taxes and HOA fees
Annual Taxes
$8,900
Listing Agency:
Halsey Real Estate
(870) 930-9017
Listed By:
Martin Young · License #00071488
(870) 930-9017
Source:
Exprealty
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 9 at 9:37AM
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 Halsey Real Estate
Investment Insights
Based on property information with market context.
This property combines a retail-facing presence with a functional warehouse/workspace. The building includes lighting, storage areas, and distribution racking designed for handling and organizing inventory. It is fully heated and cooled to support operations throughout the year. Material handling is supported by three dock doors located at the rear.
The facility fronts a heavily traveled highway, providing exposure for retail-oriented operations while maintaining practical access for deliveries. Ample parking supports customer and employee use, and the rear dock layout supports efficient inbound and outbound movement.
For buyers seeking a single building that can serve both customer-facing and logistics needs, this configuration offers a straightforward fit. Retail businesses can take advantage of the front presence, while product distribution or back-of-house operations can utilize the warehouse interior, storage, and racking. The heated and cooled environment and multiple rear docks help support day-to-night functionality for many types of product handling.
The facility fronts a heavily traveled highway, providing exposure for retail-oriented operations while maintaining practical access for deliveries. Ample parking supports customer and employee use, and the rear dock layout supports efficient inbound and outbound movement.
For buyers seeking a single building that can serve both customer-facing and logistics needs, this configuration offers a straightforward fit. Retail businesses can take advantage of the front presence, while product distribution or back-of-house operations can utilize the warehouse interior, storage, and racking. The heated and cooled environment and multiple rear docks help support day-to-night functionality for many types of product handling.
Key Highlights
- Heated and cooled warehouse for year‑round use
- Three rear docks for efficient material handling
- Storage/distribution racking for distribution of multiple product types
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
$97,053
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
8.82%
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%
$1,941,060
$1.9M
Cap Rate 7%
$1,386,471
$1.4M
Cap Rate 9%
$1,078,367
$1.1M
Market Conditions
NOI Build-Up for 20,000 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
$120.0K $6.00/SF
− Vacancy
−$5.8K −$0.29/SF
EGI
$114.2K $5.71/SF
− OpEx
−$17.1K −$0.86/SF
NOI
$97.1K $4.85/SF
Area
Craighead County, AR
Vacancy
4.85%
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%
$1,941,060
Cap Rate 7%
$1,386,471
Cap Rate 9%
$1,078,367
Alternative Uses
Best Use
Retail
$2.43M
$2.13M – $2.84M
NOI $170,372 @ 7.0% cap · market cap 15.49%
Second Best
Flex RnD
$1.74M
$1.52M – $2.02M
NOI $121,452 @ 7.0% cap · market cap 11.04%
Theoretical Best
Office A
$3.50M
$3.06M – $4.09M
NOI $245,103 @ 7.0% cap · market cap 22.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72416, AR
5,661
Population
2,405
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
88.7 sq mi
ZIP Area
64
Density / Sq Mi
$72,452
Median Household Income
$36,421
Median Earnings
$891
Median Rent
$157,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heated and cooled warehouse with rear dock access, storage racking, and parking, positioned for retail-facing visibility.
Where is this flex space located?
The property is located at 10186 Highway 63 N Bono, AR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Heated and cooled warehouse for year‑round use; Three rear docks for efficient material handling; Storage/distribution racking for distribution of multiple product types
