Auto Repair Shop and Tow
For Sale
$499,900
107 Blackgum Ln, Searcy, AR 72143
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 Market138
Property Features for 107 Blackgum Ln
General Information
Standard status
Active
Size
2,400 SF
Lot size
1.00 Acre
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,604
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Janice Wright · License #SA00057456
(501) 230-7739
Source:
Exprealty
Added: Apr 21
Changed: Aug 21
Last Checked: Sep 4 at 7:59AM
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
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
$18,950
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
3.79%
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%
$379,000
$379.0K
Cap Rate 7%
$270,714
$270.7K
Cap Rate 9%
$210,556
$210.6K
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
$28.8K $12.00/SF
− Vacancy
−$1.7K −$0.72/SF
EGI
$27.1K $11.28/SF
− OpEx
−$8.1K −$3.38/SF
NOI
$19.0K $7.90/SF
Area
White County, AR
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
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%
$379,000
Cap Rate 7%
$270,714
Cap Rate 9%
$210,556
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Phillips 66
Shops & Services
10,494 visits/mo
0.4 miles
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
- Roadmaster Service Center (Little Rock) — 2528 Eastline Rd, Searcy, AR 72143
- Speedco Truck Lube & Tires — searcy, ar 72143
Frequently Asked Questions
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
