Auto Repair Shop and Tow
107 Blackgum Ln Searcy, AR 72143
107 Blackgum Ln, Searcy, AR, 72143
$499,900
For Sale
$499,900
Fenced lot and large garage bays with heavy-duty lifts support commercial vehicle service and tow operations.
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$208.29
Days on Market92
Property Features for 107 Blackgum Ln
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 1.00 Acre
Listing agency
Dalrymple
(501) 230-7739
Listed by
Janice Wright
(501) 230-7739
Source
Exprealty
Added: Apr 21 Updated: Jul 20 at 5:27PM Checked: Jul 20 at 5:27PM
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 Dalrymple
Investment Insights
Based on property information with market context.
This auto mechanic shop/tow truck property includes a spacious, fenced one-acre lot designed for vehicle storage and customer parking, along with large garage bays with high ceilings. The shop is equipped with a standard car lift and a heavy-duty lift that can raise 10,000 lbs, plus an oil burner heater and a service pit suitable for 18-wheelers. Additional equipment includes a frame machine, and there is office space for customer reception and dispatch. Blown-in insulation and metal air lines are also in place. Diagnostic equipment and an A/C machine are negotiable with the sale.
Located at 107 Blackgum Ln in Searcy, AR, the property sits on a well-traveled road with easy access for both customers and large vehicles. The seller notes strong daily traffic counts and convenient access to the interstate and the airport.
With the existing shop layout, lifts, and heavy-vehicle service features already in place, the property is suited for an operator seeking a turn-key facility for automotive repair and towing-related services.
Located at 107 Blackgum Ln in Searcy, AR, the property sits on a well-traveled road with easy access for both customers and large vehicles. The seller notes strong daily traffic counts and convenient access to the interstate and the airport.
With the existing shop layout, lifts, and heavy-vehicle service features already in place, the property is suited for an operator seeking a turn-key facility for automotive repair and towing-related services.
Key Highlights
- 1‑acre fenced lot with ample space for vehicle storage, tow trucks, and customer parking
- Large garage bays with high ceilings, including a standard car lift and a 10,000‑lb heavy‑duty lift
- Service pit sized for 18 wheelers plus oil burner heater, blown‑in insulation, and metal air lines
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 | $28.8k | $12.00 |
| − Vacancy | −$1.7k | −$0.72 |
| EGI | $27.1k | $11.28 |
| − OpEx | −$8.1k | −$3.38 |
| NOI | $19.0k | $7.90 |
2,400 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$270.7K
$236.9K – $315.8K
NOI $18,950 @ 7.0% cap · market cap 3.79%
Second Best
Industrial
$129.0K
$112.9K – $150.5K
NOI $9,032 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K
NOI $30,724 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Searcy Towing & Auto ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Martin's Truck Sales Inc. — Searcy, AR 72143
- Roadmaster Service Center (Searcy) — 2528 Eastline Rd, Searcy, AR 72143
- Roadmaster Service Center — 2528 Eastline Rd, Searcy, AR 72143
- Speedco Truck Lube & Tires — searcy, ar 72143
- Roadmaster Service Center (Little Rock) — 2528 Eastline Rd, Searcy, AR 72143
FAQs
What type of property is this?
Auto shop - Fenced lot and large garage bays with heavy-duty lifts support commercial vehicle service and tow operations.
Where is this auto shop located?
The property is located at 107 Blackgum Ln Searcy, AR.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1‑acre fenced lot with ample space for vehicle storage, tow trucks, and customer parking; Large garage bays with high ceilings, including a standard car lift and a 10,000‑lb heavy‑duty lift; Service pit sized for 18 wheelers plus oil burner heater, blown‑in insulation, and metal air lines
