Listing Agency: Weichert, REALTORS - The Griffin Company Show Phone

Listed By: Hannah Michael Show Phone

Source: Assurancerealtyfsm

Added: Sep 7 Changed: Oct 25 Last Checked: Oct 24 at 5:43PM

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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 Weichert, REALTORS - The Griffin Company

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Investment Insights

Based on property information with market context.

Located at 1100 Birch Street in Lavaca, Arkansas, this 5,500-square-foot flex property combines office space with warehouse and garage areas. The configuration supports varied commercial operations within a single asset and provides a practical mix of enclosed work and storage areas.

The property is fully leased under a two-year lease, with both the office and warehouse/garage components occupied. Its existing tenancy and blended office-industrial layout offer a straightforward operating profile for an investor or owner seeking an income-producing commercial property.

Key Highlights

• 5,500‑square‑foot flex property
• Office space paired with warehouse and garage areas
• Fully leased property with existing tenancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,945

Cap Rate

9.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,098,900 $1.1M

Cap Rate 7%

$784,929 $784.9K

Cap Rate 9%

$610,500 $610.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,500 SF

Gross rent

$79.2K $14.40/SF

− Vacancy

−$5.9K −$1.08/SF

EGI

$73.3K $13.32/SF

− OpEx

−$18.3K −$3.33/SF

NOI

$54.9K $9.99/SF

Area

Sebastian County, AR

Vacancy

7.50%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,098,900

Cap Rate 7%

$784,929

Cap Rate 9%

$610,500

Alternative Uses

Best Use

Office B

$784.9K

$686.8K – $915.8K (±1% cap)

NOI $54,945 @ 7.0% cap · market cap 9.16%

Second Best

Flex RnD

$424.7K

$371.6K – $495.5K (±1% cap)

NOI $29,730 @ 7.0% cap · market cap 4.96%

Theoretical Best

Healthcare Medical

$1.17M

$1.02M – $1.37M (±1% cap)

NOI $81,913 @ 7.0% cap · market cap 13.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 72941, AR

5,079

Population

2,043

Households

2.5

Avg Household Size

41

Median Age

16%

College-Educated

93%

High-School Grad

43.4 sq mi

ZIP Area

117

Density / Sq Mi

$77,292

Median Household Income

$37,540

Median Earnings

$889

Median Rent

$159,600

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Frequently Asked Questions

What type of property is this?

Flex space - Fully leased commercial property combining office accommodations with warehouse and garage space.

Where is this flex space located?

The property is located at 1100 Birch Street Lavaca, AR.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: 5,500‑square‑foot flex property; Office space paired with warehouse and garage areas; Fully leased property with existing tenancy