Open-Plan
For Sale
$769,999
921 E Douglas Street, Prairie Grove, AR 72753
Flexible commercial space with high ceilings and durable flooring supports manufacturing, storage, and distribution uses.
Property Size7,500 SF
Price / SF$102.67
Days on Market29
Property Features for 921 E Douglas Street
General Information
Standard status
Active
Size
7,500 SF
Additional Details
Warehouse Space
7,500 SF
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
Joseph Schmits · License #EB00092576
(573) 795-2348
Source:
Connectrealtynwa
Added: Sep 10
Changed: Oct 6
Last Checked: Oct 7 at 11:27AM
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 Uptown Real Estate
Investment Insights
Based on property information with market context.
This 7,500-square-foot warehouse at 921 E Douglas Street provides a broad, adaptable interior for commercial operations. The building features an open floor plan, high ceilings, and durable flooring, creating a practical setting for manufacturing, storage, distribution, and other commercial uses.
The property is situated just off Business 62 in Prairie Grove, providing access to a recognized business route. Its flexible configuration allows the space to be organized around a range of operational requirements, from inventory storage to active production or distribution functions.
The property is situated just off Business 62 in Prairie Grove, providing access to a recognized business route. Its flexible configuration allows the space to be organized around a range of operational requirements, from inventory storage to active production or distribution functions.
Key Highlights
- 7,500‑square‑foot warehouse
- Open floor plan for flexible commercial use
- High ceilings accommodate a range of operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,924
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,480
$918.5K
Cap Rate 7%
$656,057
$656.1K
Cap Rate 9%
$510,267
$510.3K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$60.3K $8.04/SF
− Vacancy
−$6.3K −$0.84/SF
EGI
$54.0K $7.20/SF
− OpEx
−$8.1K −$1.08/SF
NOI
$45.9K $6.12/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,480
Cap Rate 7%
$656,057
Cap Rate 9%
$510,267
Alternative Uses
Best Use
Warehouse
$656.1K
$574.1K – $765.4K
NOI $45,924 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$626.4K
$548.1K – $730.8K
NOI $43,848 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,918 @ 7.0% cap · market cap 18.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72753, AR
10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Prairie Grove Self Storage — 930 E Parks St, Prairie Grove, AR 72753
- Bo Speed — US-62, Prairie Grove, AR 72753
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible commercial space with high ceilings and durable flooring supports manufacturing, storage, and distribution uses.
Where is this warehouse located?
The property is located at 921 E Douglas Street Prairie Grove, AR.
What is the asking price?
The asking price for this property is $769,999.
What are key features of this property?
This property features: 7,500‑square‑foot warehouse; Open floor plan for flexible commercial use; High ceilings accommodate a range of operations
