Three-Building Flex
1060 1st Ave NW Gravette, AR 72736
For Sale
Contact for pricing
Three interconnected warehouse buildings are linked by breezeways, offering two dock doors and two drive-in doors on 2.12 acres.
Property Size25,211 SF
Lot Size2.12 Acres
Price / SF$71.40
Days on Market283
Property Features for 1060 1st Ave NW
General Information
- Standard status
- Active
- Size
- 25,211 SF
- Lot size
- 2.12 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Capstone Commercial Advisors
(479) 899-6840
Listed By:
Jason Trenary · License #AB00092271
Source:
Moodyscre
Added: Oct 16, 2025
Changed: Jul 25
Last Checked: Jul 25 at 11:06AM
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 Capstone Commercial Advisors
Investment Insights
Based on property information with market context.
This well-conceived property includes three interconnected buildings joined by breezeways, with each structure serving a distinct function for adaptable use. The configuration is designed to support flexibility across the property while maintaining a connected overall layout. On-site improvements include two dock doors and two drive-in doors to accommodate loading needs.
The property is located at 1060 1st Ave NW in Gravette, Arkansas, approximately five miles from I-49, providing convenient regional access for distribution and service operations.
With a total building area of 25,211 square feet and a 2.12-acre site, this flex warehouse setting is positioned for users seeking multiple buildings under one ownership with practical loading access.
The property is located at 1060 1st Ave NW in Gravette, Arkansas, approximately five miles from I-49, providing convenient regional access for distribution and service operations.
With a total building area of 25,211 square feet and a 2.12-acre site, this flex warehouse setting is positioned for users seeking multiple buildings under one ownership with practical loading access.
Key Highlights
- Three interconnected warehouse buildings linked by breezeways
- 2.12 AC land size
- Includes two dock doors and two drive‑in doors
Financial Insights For Warehouse
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 | $151.3k | $6.00 |
| − Vacancy | −$15.7k | −$0.62 |
| EGI | $135.5k | $5.38 |
| − OpEx | −$20.3k | −$0.81 |
| NOI | $115.2k | $4.57 |
25,211 SF · lease $6.00/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$3.65M
$3.19M – $4.26M
NOI $255,482 @ 7.0% cap · market cap 14.19%
Second Best
Warehouse
$1.65M
$1.44M – $1.92M
NOI $115,204 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$6.93M
$6.06M – $8.08M
NOI $484,971 @ 7.0% cap · market cap 26.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
GO2MFG LLC
Industrial Manufacturer
Happystack® by WiseWhisker
Industrial Manufacturer
Similar Off Market Nearby
- A Lil Bit Of Sugar Cafe & Food Truck — 123 Main St SE, Gravette, AR 72736
- Chang Chinese Food — 201 2nd Ave SW, Gravette, AR 72736
FAQs
What type of property is this?
Flex space - Three interconnected warehouse buildings are linked by breezeways, offering two dock doors and two drive-in doors on 2.12 acres.
Where is this flex space located?
The property is located at 1060 1st Ave NW Gravette, AR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three interconnected warehouse buildings linked by breezeways; 2.12 AC land size; Includes two dock doors and two drive‑in doors
