Building Details

Year Built 2002

Buildings 1

Building Size 3,200 SF

Construction metal

Listing Agency: Sagely & Edwards Realtors

Listed By: Jeff Beauchamp · License #SA00088441 Show Phone

Source: Thebesthomeprice

Added: Jul 20 Changed: Sep 15 Last Checked: Oct 7 at 1:26PM

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Investment Insights

Based on property information with market context.

This 3,200-square-foot flex space is a fully metal commercial building with heating and cooling throughout. The layout includes two bathrooms, two washer and dryer hookups, an enclosed storage area, and additional storage upstairs. A glass-front entrance and concrete approach serve the front of the building, while a rear overhead door supports loading access. The structure features 16-foot sidewalls and a 12-foot-wide by 10-foot-tall overhead door.

Located at 403 Vine Street in Van Buren, the property offers visibility from Hwy 59 with access to downtown, I-540, and the Arkansas River Port. I-540 also connects the site toward Fort Smith and I-40.

Key Highlights

• 3,200 SF heated and cooled flex building
• 16‑foot sidewalls with a 12‑foot‑wide by 10‑foot‑tall overhead door
• Two bathrooms and two washer and dryer hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,901

Cap Rate

7.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$398,020 $398.0K

Cap Rate 7%

$284,300 $284.3K

Cap Rate 9%

$221,122 $221.1K

Market Conditions

NOI Build-Up for 3,200 SF

Gross rent

$32.6K $10.20/SF

− Vacancy

−$2.0K −$0.63/SF

EGI

$30.6K $9.57/SF

− OpEx

−$10.7K −$3.35/SF

NOI

$19.9K $6.22/SF

Area

Crawford County, AR

Vacancy

6.20%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$398,020

Cap Rate 7%

$284,300

Cap Rate 9%

$221,122

Alternative Uses

Best Use

Flex RnD

$284.3K

$248.8K – $331.7K (±1% cap)

NOI $19,901 @ 7.0% cap · market cap 7.38%

Second Best

Industrial

$267.3K

$233.9K – $311.8K (±1% cap)

NOI $18,708 @ 7.0% cap · market cap 6.94%

Theoretical Best

Office A

$613.5K

$536.8K – $715.8K (±1% cap)

NOI $42,947 @ 7.0% cap · market cap 15.94%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Recovercare LLC Medical Supply Store

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

587

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 72956, AR

33,870

Population

14,119

Households

2.4

Avg Household Size

39

Median Age

19%

College-Educated

87%

High-School Grad

103.8 sq mi

ZIP Area

326

Density / Sq Mi

$60,387

Median Household Income

$33,894

Median Earnings

$825

Median Rent

$177,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Metal commercial building with rear loading access, glass entry, and dedicated storage areas.

Where is this flex space located?

The property is located at 403 Vine St Van Buren, AR.

What is the asking price?

The asking price for this property is $269,500.

What are key features of this property?

This property features: 3,200 SF heated and cooled flex building; 16‑foot sidewalls with a 12‑foot‑wide by 10‑foot‑tall overhead door; Two bathrooms and two washer and dryer hookups