Equipped Automotive
New
For Sale
$345,000
7009 W Holtdale Ln, North Little Rock, AR 72118
Fenced commercial facility with repair, paint, office, storage, and security improvements in place.
Property Size2,400 SF
Price / SF$143.75
Days on Market6
Property Features for 7009 W Holtdale Ln
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
5
Property subtype
Land
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Amenities
heated/cooled office
file cabinets
full-size restroom
large storage area above office
80-gallon Puma air compressor
9,000-lb Rotary asymmetrical lift
large 220V water heater
220V welder/equipment plug-in
paint booth with explosion-proof lighting
pressurization and exhaust ventilation
separate paint mixing room
alarm system
industrial fans
street-visible signage
Building Details
Year Built
1980
Buildings
1
Listing Agency:
Bottoms Farm & Home Realty
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Sep 15
Changed: Sep 19
Last Checked: Sep 19 at 9:39AM
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 Bottoms Farm & Home Realty
Investment Insights
Based on property information with market context.
This 2,400-square-foot automotive shop was built in 1980 and configured for repair, mechanical, body shop, and related operations. The 40-by-60-foot building includes a five-car garage, heated and cooled office, full-size restroom, upper storage above the office, and a separate paint-mixing room. Equipment includes an 80-gallon Puma air compressor, 9,000-pound Rotary asymmetrical lift, 220V welder/equipment connection, large 220V water heater, and paint booth with explosion-proof lighting, pressurization, and exhaust ventilation.
The property at 7009 W Holtdale Ln in North Little Rock is enclosed by fencing, with security-barred windows, rear fencing with barbed wire, an alarm system, industrial fans, and street-visible signage. Seller-reported improvements include new water and gas lines and 200-amp electrical service. The existing layout and installed equipment provide a substantial operating base for an automotive-focused owner-user.
The property at 7009 W Holtdale Ln in North Little Rock is enclosed by fencing, with security-barred windows, rear fencing with barbed wire, an alarm system, industrial fans, and street-visible signage. Seller-reported improvements include new water and gas lines and 200-amp electrical service. The existing layout and installed equipment provide a substantial operating base for an automotive-focused owner-user.
Key Highlights
- 2,400‑square‑foot automotive shop on a 40‑by‑60‑foot building footprint
- Five‑car garage with a 9,000‑pound Rotary asymmetrical lift
- Paint booth with explosion‑proof lighting, pressurization, and exhaust ventilation
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
$22,148
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
6.42%
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%
$442,960
$443.0K
Cap Rate 7%
$316,400
$316.4K
Cap Rate 9%
$246,089
$246.1K
Market Conditions
NOI Build-Up for 2,400 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
$33.7K $14.04/SF
− Vacancy
−$2.1K −$0.86/SF
EGI
$31.6K $13.18/SF
− OpEx
−$9.5K −$3.96/SF
NOI
$22.1K $9.23/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
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%
$442,960
Cap Rate 7%
$316,400
Cap Rate 9%
$246,089
Alternative Uses
Best Use
Retail
$316.4K
$276.9K – $369.1K
NOI $22,148 @ 7.0% cap · market cap 6.42%
Second Best
Industrial
$150.7K
$131.9K – $175.8K
NOI $10,550 @ 7.0% cap · market cap 3.06%
Theoretical Best
Specialty Retail
$457.8K
$400.6K – $534.1K
NOI $32,046 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Fenced commercial facility with repair, paint, office, storage, and security improvements in place.
Where is this auto shop located?
The property is located at 7009 W Holtdale Ln North Little Rock, AR.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,400‑square‑foot automotive shop on a 40‑by‑60‑foot building footprint; Five‑car garage with a 9,000‑pound Rotary asymmetrical lift; Paint booth with explosion‑proof lighting, pressurization, and exhaust ventilation
