Self-Storage Facility with Expansion
New
For Sale
$325,000
1523 Highway 9 S, Perryville, AR 72126
Commercial / Industrial, Perryville, AR
Property Size4,000 SF
Lot Size3.25 Acres
Price / SF$81.25
Days on Market2
Property Features for 1523 Highway 9 S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Exterior features
Storage Building
Lot features
Level, Rural Property, Wooded, Cleared, Out of City, River/ Lake Area
Directions
From Little Rock, take Highway 10 W and stay Highway 9 S. Property is on your left after The Branch Nursery/Lucky S Cafe. Coordinates here: 34.974827, -92.796923
Subdivision
Perry County
Standard status
Active
APN
001-19829-001
Size
4,000 SF
Lot size
3.25 Acres
Taxes and HOA fees
Tax Description
TBD by New Survey
Tax Annual Amount
1060
Legal Description
TBD by New Survey
Building Details
Year built
2022
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Additional Structures
Storage
Listing Agency:
CMR Real Estate, LLC
(501) 242-0321
Listed By:
Casey Rucker
(501) 539-3916
Added: Sep 2
Last Checked: Sep 3 at 10:06AM
MLS# 26035892
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 self-storage property includes 42 units across two buildings on 3.25 acres. The unit mix consists of four 5x10 units and thirty-eight 10x10 units, with adjoining units capable of being combined into 10x20 configurations when vacancies align. Built in 2022, the improvements feature concrete flooring and metal roofs.
The property is located at 1523 Highway 9 S in Perryville, Arkansas. Its current occupancy is 100%, and a waiting list is in place. A cleared area at the rear of the site provides room for possible additional storage development, subject to applicable approvals.
The property is located at 1523 Highway 9 S in Perryville, Arkansas. Its current occupancy is 100%, and a waiting list is in place. A cleared area at the rear of the site provides room for possible additional storage development, subject to applicable approvals.
Key Highlights
- 42 storage units divided between 2 buildings
- Unit mix includes four 5x10 units and thirty‑eight 10x10 units
- Adjoining 10x10 units can be combined into 10x20 configurations
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
$17,867
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
5.50%
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%
$357,340
$357.3K
Cap Rate 7%
$255,243
$255.2K
Cap Rate 9%
$198,522
$198.5K
Market Conditions
NOI Build-Up for 4,000 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
$22.1K $5.52/SF
− Vacancy
−$1.1K −$0.26/SF
EGI
$21.0K $5.26/SF
− OpEx
−$3.2K −$0.79/SF
NOI
$17.9K $4.47/SF
Area
Perry County, AR
Vacancy
4.80%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
15.00%
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%
$357,340
Cap Rate 7%
$255,243
Cap Rate 9%
$198,522
Alternative Uses
Best Use
Self Storage
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 11.17%
Second Best
Warehouse
$255.2K
$223.3K – $297.8K
NOI $17,867 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$814.4K
$712.6K – $950.2K
NOI $57,010 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 72126, AR
3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Two storage buildings offer varied unit configurations, with cleared rear land available for additional development subject to approvals.
Where is this self storage facility located?
The property is located at 1523 Highway 9 S Perryville, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 42 storage units divided between 2 buildings; Unit mix includes four 5x10 units and thirty‑eight 10x10 units; Adjoining 10x10 units can be combined into 10x20 configurations
