Metal Storage Building with
For Sale
$165,000
Pending
206 B Street, Perryville, AR 72126
40' x 40' metal building includes offices, electrical, and plumbing, previously used as an equipment storage facility.
Property Size1,600 SF
Lot Size1.00 Acre
Days on Market78
Property Features for 206 B Street
General Information
Standard status
Pending
Size
1,600 SF
Lot size
1.00 Acre
Property subtype
Commercial / Industrial
Listing Agency:
CMR Real Estate, LLC
(501) 242-0321
Listed By:
Casey Rucker
(501) 539-3916
Source:
Heilesassociatesrealtors
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 4 at 3:09PM
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 CMR Real Estate, LLC
Investment Insights
Based on property information with market context.
The property includes a 40' x 40' metal building on a one-acre site. In recent years, it has been used to store equipment for the city of Perryville. The building has electrical, offices, and plumbing, and it was previously the old fire station.
The listing includes an additional structure described as an old City Hall building; no value was assigned to it in the provided remarks.
This is a straightforward yard-and-building setup suited to storage and light use where existing office space, electrical service, and plumbing are valuable.
The listing includes an additional structure described as an old City Hall building; no value was assigned to it in the provided remarks.
This is a straightforward yard-and-building setup suited to storage and light use where existing office space, electrical service, and plumbing are valuable.
Key Highlights
- 1 city acre in Perryville, AR
- Includes a 40' x 40' metal building used for equipment storage
- Building previously used as the old fire station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,147
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,940
$142.9K
Cap Rate 7%
$102,100
$102.1K
Cap Rate 9%
$79,411
$79.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$8.8K $5.52/SF
− Vacancy
−$424 −$0.26/SF
EGI
$8.4K $5.26/SF
− OpEx
−$1.3K −$0.79/SF
NOI
$7.1K $4.47/SF
Area
Perry County, AR
Vacancy
4.80%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,940
Cap Rate 7%
$102,100
Cap Rate 9%
$79,411
Alternative Uses
Best Use
Warehouse
$102.1K
$89.3K – $119.1K
NOI $7,147 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.8K
$285.1K – $380.1K
NOI $22,804 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72126, AR
3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Perryville U-Lock-It Mini — 308 Fourche Ave, Perryville, AR 72126
- Perryville Mini Storage — 308 Fourche Ave, Perryville, AR 72126
- Fourche River Storage LLC — 115 W 6th St, Perryville, AR 72126
Frequently Asked Questions
What type of property is this?
Warehouse - 40' x 40' metal building includes offices, electrical, and plumbing, previously used as an equipment storage facility.
Where is this warehouse located?
The property is located at 206 B Street Perryville, AR.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1 city acre in Perryville, AR; Includes a 40' x 40' metal building used for equipment storage; Building previously used as the old fire station
