Multi-Building Flex and
For Sale
$4,800,000
2000 E Race Avenue, Searcy, AR 72143
Two-building C-4-zoned property includes showroom space, dedicated offices, and a warehouse with 12 roll-up doors.
Property Size26,568 SF
Lot Size4.90 Acres
Price / SF$180.67
Days on Market28
Property Features for 2000 E Race Avenue
General Information
Standard status
Active
Size
26,568 SF
Total Parking Spaces
65
Lot size
4.90 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Traffic Count
24,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$11,771
Amenities
SEARCY
Building, Equipment, Land, Real Estate
yes
2
65
Concrete, Other (see remarks)
One Story
Level
Slab
552x801
Building Details
Year Built
1965
Buildings
2
Listing Agency:
REMAX Ultimate
(501) 269-8688
Listed By:
Emily Walter · License #EB00074723
(501) 269-8688
Source:
Emilywaltertherealtor.idxbroker
Added: Jul 24
Changed: Aug 14
Last Checked: Aug 20 at 4:03AM
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 REMAX Ultimate
Investment Insights
Based on property information with market context.
This versatile C-4-zoned property features two buildings totaling 26,568 SF on a 4.90-acre lot. The configuration includes an automotive showroom, dedicated office space, and a warehouse area equipped with 12 roll-up doors to support flexible logistics and operations.
The property is located on a major arterial road with visibility and exposure to 24,000 VPD, making it well suited for commercial users seeking strong roadside presence. It is surrounded by established national retailers, local businesses, and prominent medical centers.
With its mix of showroom, office, and roll-up-door warehouse space, this offering can accommodate a range of retail, automotive, and industrial-flex uses for an owner-user or an investor.
The property is located on a major arterial road with visibility and exposure to 24,000 VPD, making it well suited for commercial users seeking strong roadside presence. It is surrounded by established national retailers, local businesses, and prominent medical centers.
With its mix of showroom, office, and roll-up-door warehouse space, this offering can accommodate a range of retail, automotive, and industrial-flex uses for an owner-user or an investor.
Key Highlights
- C‑4 zoned two‑building commercial property at 2000 with a total of 26,568 SF on a 4.90‑acre level lot
- Warehouse includes 12 roll‑up doors plus office space and an automotive showroom across both buildings
- One‑story buildings with slab foundation and concrete/other flooring (see remarks)
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
$225,972
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
4.71%
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%
$4,519,440
$4.5M
Cap Rate 7%
$3,228,171
$3.2M
Cap Rate 9%
$2,510,800
$2.5M
Market Conditions
NOI Build-Up for 26,568 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
$373.0K $14.04/SF
− Vacancy
−$25.4K −$0.95/SF
EGI
$347.6K $13.09/SF
− OpEx
−$121.7K −$4.58/SF
NOI
$226.0K $8.51/SF
Area
White County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
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%
$4,519,440
Cap Rate 7%
$3,228,171
Cap Rate 9%
$2,510,800
Alternative Uses
Best Use
Flex RnD
$3.23M
$2.82M – $3.77M
NOI $225,972 @ 7.0% cap · market cap 4.71%
Second Best
Retail
$3.00M
$2.62M – $3.50M
NOI $209,781 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$4.86M
$4.25M – $5.67M
NOI $340,113 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Firehouse Subs Gin Creek — 1547 E Race Ave #4, Searcy, AR 72143
- Eddie’s BBQ Shack — 3021 E Race Ave, Searcy, AR 72143
Frequently Asked Questions
What type of property is this?
Flex space - Two-building C-4-zoned property includes showroom space, dedicated offices, and a warehouse with 12 roll-up doors.
Where is this flex space located?
The property is located at 2000 E Race Avenue Searcy, AR.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: C‑4 zoned two‑building commercial property at 2000 with a total of 26,568 SF on a 4.90‑acre level lot; Warehouse includes 12 roll‑up doors plus office space and an automotive showroom across both buildings; One‑story buildings with slab foundation and concrete/other flooring (see remarks)
