Listing Agency: REMAX Ultimate Show Phone

Listed By: Kaiser Luebke Show Phone

Source: Arprorealty

Added: Sep 22 Changed: Sep 24 Last Checked: Oct 7 at 12:10PM

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Investment Insights

Based on property information with market context.

This 3200-square-foot auto shop is configured with two separately metered shop units, office areas, a reception desk, storage, and living quarters. High-bay doors accommodate large vehicles, while the open floor plan and high ceilings support flexible shop operations. A paint room and car lift are included, along with on-site parking.

The property fronts Hwy 36 at 769 Hwy 36 in Vilonia, Arkansas, providing highway exposure and access to major transportation routes. Its combination of shop space, administrative areas, storage, and vehicle-oriented improvements creates a functional setting for automotive operations.

Key Highlights

• 3200‑square‑foot shop with two separately metered units
• High‑bay doors provide access for large vehicles
• Includes paint room and car lift

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,432

Cap Rate

7.77%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$388,640 $388.6K

Cap Rate 7%

$277,600 $277.6K

Cap Rate 9%

$215,911 $215.9K

Market Conditions

NOI Build-Up for 3,200 SF

Gross rent

$31.9K $9.96/SF

− Vacancy

−$2.0K −$0.62/SF

EGI

$29.9K $9.34/SF

− OpEx

−$10.5K −$3.27/SF

NOI

$19.4K $6.07/SF

Area

Faulkner County, AR

Vacancy

6.20%

Lease Rate

$9.96 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$388,640

Cap Rate 7%

$277,600

Cap Rate 9%

$215,911

Alternative Uses

Best Use

Retail

$450.7K

$394.4K – $525.8K (±1% cap)

NOI $31,550 @ 7.0% cap · market cap 12.62%

Second Best

Flex RnD

$277.6K

$242.9K – $323.9K (±1% cap)

NOI $19,432 @ 7.0% cap · market cap 7.77%

Theoretical Best

Office A

$729.9K

$638.7K – $851.5K (±1% cap)

NOI $51,092 @ 7.0% cap · market cap 20.44%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 72173, AR

9,888

Population

4,090

Households

2.4

Avg Household Size

37

Median Age

28%

College-Educated

94%

High-School Grad

94.9 sq mi

ZIP Area

104

Density / Sq Mi

$75,819

Median Household Income

$47,044

Median Earnings

$769

Median Rent

$202,400

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

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

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Similar Off Market Nearby

• Daniel's Transmissions — 769 AR-36, Vilonia, AR 72173

Frequently Asked Questions

What type of property is this?

Auto shop - Two separately metered units include offices, storage, and living quarters.

Where is this auto shop located?

The property is located at 769 Hwy 36 Vilonia, AR.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 3200‑square‑foot shop with two separately metered units; High‑bay doors provide access for large vehicles; Includes paint room and car lift