Flex Space with Private
For Sale
$579,000
15427 W Hwy 12, Gentry, AR 72734
COMMERCIAL - Gentry, AR
Property Size3,000 SF
Lot Size0.67 Acres
Price / SF$199.66
Days on Market106
Property Features for 15427 W Hwy 12
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Directions
From Highfill take go west on Hwy 12, the property is located on the left side of the road in front of this address 15423 W Highway 12, Gentry, Arkansas
Standard status
Active
APN
0000000000000000
Size
2,900 SF
Lot size
0.67 Acres
Taxes and HOA fees
Tax Description
Part of the SE 1/4 of the SE 1/4 of Section 3, Township 18 North, Range 32 West, Benton County, Arkansas
Legal Description
Part of the SE 1/4 of the SE 1/4 of Section 3, Township 18 North, Range 32 West, Benton County, Arkansas
Building Details
Year built
2026
Listing Agency:
PAK Home Realty
(479) 278-7146
Listed By:
Jose Esparza · License #PB00060299
(479) 721-8029
Added: May 11
Changed: Aug 19
Last Checked: Aug 24 at 1:06AM
MLS# 1347101
Copyright © 2026 ArkansasONE MLS. 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 under-construction flex property is planned with approximately 2,900 square feet of heated and cooled space on a 0.67-acre site. The layout includes two garage doors, a private bay, two offices, a full kitchen with stainless steel appliances and hood vent, three half baths, and washer/dryer hookups. A private upstairs bedroom with a full bath adds flexibility for on-site living or staff accommodations.
The property is located at 15427 W Hwy 12 in Gentry, Arkansas, approximately 8 minutes from XNA Regional Airport. The site provides parking for up to 40 vehicles and is positioned in a high-traffic area with visibility from the surrounding roadway. Construction is identified for 2026 completion.
The property is located at 15427 W Hwy 12 in Gentry, Arkansas, approximately 8 minutes from XNA Regional Airport. The site provides parking for up to 40 vehicles and is positioned in a high-traffic area with visibility from the surrounding roadway. Construction is identified for 2026 completion.
Key Highlights
- 2,900 SF of heated and cooled flex space on 0.67 acres
- Two garage doors, including a private bay
- Private upstairs bedroom with a full bath
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
$29,388
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
5.08%
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%
$587,760
$587.8K
Cap Rate 7%
$419,829
$419.8K
Cap Rate 9%
$326,533
$326.5K
Market Conditions
NOI Build-Up for 2,900 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
$48.7K $16.80/SF
− Vacancy
−$3.5K −$1.21/SF
EGI
$45.2K $15.59/SF
− OpEx
−$15.8K −$5.46/SF
NOI
$29.4K $10.13/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$16.80 /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%
$587,760
Cap Rate 7%
$419,829
Cap Rate 9%
$326,533
Alternative Uses
Best Use
Flex RnD
$419.8K
$367.4K – $489.8K
NOI $29,388 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$189.3K
$165.7K – $220.9K
NOI $13,252 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$796.9K
$697.3K – $929.8K
NOI $55,786 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72734, AR
7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
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 - Under-construction commercial space combines work areas, office suites, a full kitchen, and private accommodations.
Where is this flex space located?
The property is located at 15427 W Hwy 12 Gentry, AR.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2,900 SF of heated and cooled flex space on 0.67 acres; Two garage doors, including a private bay; Private upstairs bedroom with a full bath
