Insulated Warehouse Flex
803 Thomas Rd White Hall, AR 71602
803 Thomas Rd, White Hall, AR, 71602
$780,000
For Sale
$780,000
Four 50x50 insulated buildings on 1.33 acres feature 14x14 overhead doors and covered lean-tos with separate addresses and power.
Property Size10,000 SF
Price / SF$78
Days on Market711
Property Features for 803 Thomas Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
Listing agency
Lisa Attwood Realty
(870) 329-4350
Listed by
Lisa Attwood
(870) 329-4350
Source
Exprealty
Added: Aug 12, 2024 Updated: Jul 22 at 8:15PM Checked: Jul 22 at 8:15PM
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 Lisa Attwood Realty
Investment Insights
Based on property information with market context.
This flex/warehouse property consists of four large, 50x50 insulated buildings on 1.33 acres. Each building has its own address and separate power supply, with 14x14 overhead doors and commercial garage doors. The site includes two covered lean-to structures that are 17.5 by 210 with 30-foot bays.
One of the 50x50 buildings has been converted into a three-bedroom, two-bath home with a kitchen, dining room, and laundry room. Another building is being used as an office. A separate building can accommodate a 35x50 showroom and includes three offices, and one building is currently leased.
The property offers multiple configurations across warehouse and office space, with dedicated utilities and direct overhead door access for operational flexibility.
One of the 50x50 buildings has been converted into a three-bedroom, two-bath home with a kitchen, dining room, and laundry room. Another building is being used as an office. A separate building can accommodate a 35x50 showroom and includes three offices, and one building is currently leased.
The property offers multiple configurations across warehouse and office space, with dedicated utilities and direct overhead door access for operational flexibility.
Key Highlights
- Four insulated 50x50 buildings on 1.33 acres off Interstate 530, each with its own address and separate power supply
- 14x14 overhead doors on each building, including commercial‑style garage doors for loading and access
- One 50x50 building converted to a 3‑bed, 2‑bath home with kitchen, dining room, and laundry room
Local Financial Insights For Warehouse
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 | $66.0k | $6.60 |
| − Vacancy | −$6.9k | −$0.69 |
| EGI | $59.1k | $5.91 |
| − OpEx | −$8.9k | −$0.89 |
| NOI | $50.3k | $5.03 |
10,000 SF · lease $6.60/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$2.08M
$1.82M – $2.43M
NOI $145,818 @ 7.0% cap · market cap 18.69%
Second Best
Office B
$1.93M
$1.68M – $2.25M
NOI $134,761 @ 7.0% cap · market cap 17.28%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,468 @ 7.0% cap · market cap 23.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Four 50x50 insulated buildings on 1.33 acres feature 14x14 overhead doors and covered lean-tos with separate addresses and power.
Where is this flex space located?
The property is located at 803 Thomas Rd White Hall, AR.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Four insulated 50x50 buildings on 1.33 acres off Interstate 530, each with its own address and separate power supply; 14x14 overhead doors on each building, including commercial‑style garage doors for loading and access; One 50x50 building converted to a 3‑bed, 2‑bath home with kitchen, dining room, and laundry room
