Mixed-Use Property with
For Sale
$200,000
1208 W Holt Rd, Lincoln, AR 72744
Level acreage includes utility service, fencing, a pond, and a manufactured home.
Property Size2,400 SF
Lot Size1.36 Acres
Price / SF$83.33
Days on Market35
Property Features for 1208 W Holt Rd
General Information
Standard status
Active
Size
2,400 SF
Lot size
1.36 Acres
Site & Location
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Building Details
Year Built
2007
Buildings
2
Listing Agency:
Limbird Real Estate Group
(479) 372-6246
Listed By:
The Limbird Team
Source:
Thesummithometeam
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 30 at 8:42PM
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 Limbird Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use property occupies 1.36 acres and includes a 2,400-square-foot shop building with a bathroom and office area. Built in 2007, the 40x60 structure is supported by public water, an existing septic system, and electric service. A manufactured home is also located on the property.
The site has paved road frontage along W Holt Road and open, level terrain. Three-side fencing, a pond, and a wet weather creek are additional physical features. The property is within the Lincoln School District and carries a Lincoln, Arkansas address.
The site has paved road frontage along W Holt Road and open, level terrain. Three-side fencing, a pond, and a wet weather creek are additional physical features. The property is within the Lincoln School District and carries a Lincoln, Arkansas address.
Key Highlights
- 1.36‑acre mixed‑use property with a 40x60 shop building
- 2,400‑square‑foot shop includes a bathroom and office space
- Public water, existing septic, and electric service are available
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
$16,704
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
8.35%
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%
$334,080
$334.1K
Cap Rate 7%
$238,629
$238.6K
Cap Rate 9%
$185,600
$185.6K
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
−$2.1K −$0.86/SF
EGI
$26.7K $11.14/SF
− OpEx
−$10.0K −$4.18/SF
NOI
$16.7K $6.96/SF
Area
Washington County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
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%
$334,080
Cap Rate 7%
$238,629
Cap Rate 9%
$185,600
Alternative Uses
Best Use
Mixed Use
$238.6K
$208.8K – $278.4K
NOI $16,704 @ 7.0% cap · market cap 8.35%
Second Best
Industrial
$200.4K
$175.4K – $233.9K
NOI $14,031 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$644.2K
$563.7K – $751.6K
NOI $45,094 @ 7.0% cap · market cap 22.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 72744, AR
5,227
Population
2,196
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
79.0 sq mi
ZIP Area
66
Density / Sq Mi
$63,077
Median Household Income
$41,667
Median Earnings
$1,093
Median Rent
$168,100
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?
Mixed-use property - Level acreage includes utility service, fencing, a pond, and a manufactured home.
Where is this mixed-use property located?
The property is located at 1208 W Holt Rd Lincoln, AR.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1.36‑acre mixed‑use property with a 40x60 shop building; 2,400‑square‑foot shop includes a bathroom and office space; Public water, existing septic, and electric service are available
