1604 E Booth Searcy, AR 72143
COMMERCIAL - Searcy, AR
Property Features for 1604 E Booth
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Exterior features
- Partially Fenced
- Fencing
- Partial
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Description
- Lot 3 of Qwikway Plaza Add
- Tax Annual Amount
- 1116
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Flooring type
- Concrete
Listing agent Clay Goff (501) 882-9234
Listing office Goff Realty 311 Pruitt Ln, Beebe, AR (501) 882-2224
Listing date Jun 27, 2026
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Investment Insights
Based on property information with market context.
The property sits on 1.4 acres in Searcy city limits. With its existing automotive configuration and on-site improvements, the building may be well-suited for an investor or tenant seeking a flexible commercial space.
Offices and restrooms are already in place, while the overhead doors support operations requiring vehicle access and straightforward loading.
Key Highlights
- 5,000 SF metal building currently used as an auto garage; could be converted for other business uses
- 1.4 acres located in Searcy city limits
- Includes three overhead doors for vehicle access
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $12.00 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $56.4k | $11.28 |
| − OpEx | −$16.9k | −$3.38 |
| NOI | $39.5k | $7.90 |
Alternative Uses
Property Analytics
Current Use by Public Records
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