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Concrete-Walled Flex Space
For Sale
$150,000

15158 E Highway 16, Fairfield Bay, AR 72031

Commercial / Industrial, Fairfield Bay, AR

Property Size2,040 SF
Lot Size1.00 Acre
Price / SF$73.53
Days on Market148

Property Features for 15158 E Highway 16

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Interior features Public Restrooms
Exterior features Partially Fenced
Fencing Partial
Lot features Level, River/ Lake Area, Common to Golf Course
Directions From Cravens head towards Greers Ferry, look for sign on right
Subdivision FAIRFIELD BAY
Standard status Active
Size 2,040 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description 34-12-12
Tax Annual Amount 620
Legal Description 34-12-12

Amenities

fenced area for pets

Building Details

Year built 1993
Floors in Building 1
Flooring type Tile
Roof type Flat, Membrane
Listing Agency: Nichols Realty Express
Listed By: Randall Nichols
Added: May 2 Changed: Sep 21 Last Checked: Sep 26 at 12:06PM
MLS# 26017632

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,040-square-foot flex space was built in 1993 with concrete exterior walls and a membrane roof. The interior is ready for completion and can accommodate office, warehouse, shipping, retail, or live/work concepts described for the property. Public restrooms, tile flooring, and a partially fenced exterior area are already in place.

Set on approximately 1 acre m/l at 15158 E Highway 16 in Fairfield Bay, the property offers access just off Highway 16 within a private, secluded setting. The site includes a fenced area for pets and is located in Van Buren County, Arkansas.

Key Highlights

  • 2,040‑square‑foot flex space on approximately 1 acre m/l
  • Concrete exterior walls with flat membrane roof
  • Interior ready to be finished for office, warehouse, shipping, retail, or live/work use

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Dental Office Storage Facility Real Estate Agency Grocery & Convenience Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72031, AR

7,087
Population
3,755
Households
1.9
Avg Household Size
47
Median Age
16%
College-Educated
87%
High-School Grad
294.8 sq mi
ZIP Area
24
Density / Sq Mi
$43,967
Median Household Income
$30,359
Median Earnings
$714
Median Rent
$120,900
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial structure with a finish-ready interior, public restrooms, and partial fencing near Highway 16.
Where is this flex space located?
The property is located at 15158 E Highway 16 Fairfield Bay, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,040‑square‑foot flex space on approximately 1 acre m/l; Concrete exterior walls with flat membrane roof; Interior ready to be finished for office, warehouse, shipping, retail, or live/work use
More about this property
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