Flex Space with High Bay
For Sale
$575,000
14814 Hwy 107, Jacksonville, AR 72076
Versatile commercial space with workshop, storage, office, and break-area functionality, subject to zoning.
Property Size4,320 SF
Price / SF$133.10
Days on Market41
Property Features for 14814 Hwy 107
General Information
Standard status
Active
Size
4,320 SF
Amenities
bunk room
laundry room
family room and kitchen combination
window unit air conditioners
Building Details
Year Built
1990
Listing Agency:
Michele Phillips & Co. Realtors
Listed By:
Cortney Golden
(501) 804-8194
Source:
Themoverealty
Added: Jul 30
Changed: Sep 8
Last Checked: Sep 7 at 2:34PM
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 Michele Phillips & Co. Realtors
Investment Insights
Based on property information with market context.
This flex space features an existing red iron building configured with 14’ and 12’ bay doors, ample parking, and functional support areas. Interior improvements include a spacious bunk room, generous storage, laundry room, bathroom, and a family room and kitchen combination. Window unit air conditioners are in place for day-to-day functionality.
Located at 14814 Highway 107 in Jacksonville, the property offers convenient access and has served as a fire station. Plans are moving forward for a new fire station one block away, creating an opportunity for the property’s next commercial use. The building may suit a workshop, warehouse, storage facility, event space, contractor headquarters, or service business, subject to zoning.
Located at 14814 Highway 107 in Jacksonville, the property offers convenient access and has served as a fire station. Plans are moving forward for a new fire station one block away, creating an opportunity for the property’s next commercial use. The building may suit a workshop, warehouse, storage facility, event space, contractor headquarters, or service business, subject to zoning.
Key Highlights
- 14’ and 12’ bay doors
- Existing red iron building with ample parking
- Spacious bunk room, generous storage, laundry room, and bathroom
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
$26,234
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
4.56%
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%
$524,680
$524.7K
Cap Rate 7%
$374,771
$374.8K
Cap Rate 9%
$291,489
$291.5K
Market Conditions
NOI Build-Up for 4,320 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
$43.0K $9.96/SF
− Vacancy
−$2.7K −$0.62/SF
EGI
$40.4K $9.34/SF
− OpEx
−$14.1K −$3.27/SF
NOI
$26.2K $6.07/SF
Area
Pulaski 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 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%
$524,680
Cap Rate 7%
$374,771
Cap Rate 9%
$291,489
Alternative Uses
Best Use
Flex RnD
$374.8K
$327.9K – $437.2K
NOI $26,234 @ 7.0% cap · market cap 4.56%
Second Best
Warehouse
$329.4K
$288.3K – $384.3K
NOI $23,060 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$824.0K
$721.0K – $961.4K
NOI $57,683 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space with workshop, storage, office, and break-area functionality, subject to zoning.
Where is this flex space located?
The property is located at 14814 Hwy 107 Jacksonville, AR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 14’ and 12’ bay doors; Existing red iron building with ample parking; Spacious bunk room, generous storage, laundry room, and bathroom
