Working Horse and Cattle
For Sale
$2,400,000
14301 Mann Lane, Alexander, AR 72002
Ranch property with residential units, equestrian improvements, livestock facilities, storage buildings, and an RV hookup.
Property Size9,999 SF
Price / SF$240.02
Days on Market26
Property Features for 14301 Mann Lane
General Information
Standard status
Active
Size
9,999 SF
Property subtype
Commercial / Industrial
Listing Agency:
Blair & Co. Realtors
(870) 484-0160
Listed By:
Laceann Erwin
(870) 484-0160
Source:
Arprorealty
Added: Aug 3
Changed: Aug 27
Last Checked: Aug 28 at 1:02PM
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 Blair & Co. Realtors
Investment Insights
Based on property information with market context.
This nearly 80-acre ranch combines livestock infrastructure with residential accommodations. The property includes 7 double-wide mobile homes and 1 single-wide mobile home, all currently occupied. The homes may remain in place or be removed before closing. Built in 2001, the horse barn includes multiple stalls, a tack room, a hot water wash station, automatic lighting, and a built-in fly spray system. Two additional stall areas can be enclosed, while three stalls have dirt floors suited to certain livestock needs.
Additional improvements include multiple storage buildings, a lighted corral, and an RV hookup. The property is located at 14301 Mann Ln in Alexander, near Little Rock, and is configured for ongoing horse and cattle operations alongside residential rental use.
Additional improvements include multiple storage buildings, a lighted corral, and an RV hookup. The property is located at 14301 Mann Ln in Alexander, near Little Rock, and is configured for ongoing horse and cattle operations alongside residential rental use.
Key Highlights
- Nearly 80 acres at 14301 Mann Ln, Alexander, AR 72002
- 7 double‑wide mobile homes and 1 single‑wide mobile home, all currently occupied
- Horse barn with multiple stalls, tack room, hot water wash station, and fly spray system
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
$86,135
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
3.59%
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%
$1,722,700
$1.7M
Cap Rate 7%
$1,230,500
$1.2M
Cap Rate 9%
$957,056
$957.1K
Market Conditions
NOI Build-Up for 9,999 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
$166.8K $16.68/SF
− Vacancy
−$10.2K −$1.02/SF
EGI
$156.6K $15.66/SF
− OpEx
−$70.5K −$7.05/SF
NOI
$86.1K $8.61/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
45.00%
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%
$1,722,700
Cap Rate 7%
$1,230,500
Cap Rate 9%
$957,056
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,135 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M
NOI $152,743 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 72002, AR
18,477
Population
8,071
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
65.9 sq mi
ZIP Area
280
Density / Sq Mi
$78,260
Median Household Income
$47,835
Median Earnings
$1,028
Median Rent
$202,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - Ranch property with residential units, equestrian improvements, livestock facilities, storage buildings, and an RV hookup.
Where is this ranch located?
The property is located at 14301 Mann Lane Alexander, AR.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Nearly 80 acres at 14301 Mann Ln, Alexander, AR 72002; 7 double‑wide mobile homes and 1 single‑wide mobile home, all currently occupied; Horse barn with multiple stalls, tack room, hot water wash station, and fly spray system
