Warehouse with Dock
For Sale
Contact for pricing
1621 28th Street, Van Buren, AR 72956
Office component includes private offices, a reception area, and space that can serve as a conference room.
Property Size15,585 SF
Lot Size2.71 Acres
Price / SF$0.64
Days on Market96
Property Features for 1621 28th Street
General Information
Standard status
Active
Size
15,585 SF
Lot size
2.71 Acres
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
15,585 SF
Dock-High Doors
2
Drive-In Doors
1
Three-Phase Power
Yes
Listing Agency:
Jimmy Bell Real Estate
(479) 474-9200
Listed By:
Mason Shirey · License #AB00071498
(479) 675-6669
Source:
Assurancerealtyfsm
Added: Jul 14
Changed: Oct 15
Last Checked: Oct 16 at 8:52AM
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 Jimmy Bell Real Estate
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Investment Insights
Based on property information with market context.
This warehouse property provides approximately 15,585 square feet of space, supported by an office area with 4 private offices, a receptionist and waiting room, and a room that could function as a conference room. The building includes 2 dock-high doors and 1 drive door, with 18' sidewalls and 3-phase electric service.
The property also includes a large 2.71 +/- acre yard. Located at 1621 28th Street in Van Buren, Arkansas, the site combines enclosed warehouse space, dedicated offices, multiple loading options, and substantial outdoor area within one industrial property.
The property also includes a large 2.71 +/- acre yard. Located at 1621 28th Street in Van Buren, Arkansas, the site combines enclosed warehouse space, dedicated offices, multiple loading options, and substantial outdoor area within one industrial property.
Key Highlights
- Approximately 15,585 square feet of warehouse space
- 4 private offices, receptionist/waiting room, and potential conference room
- 2 dock‑high doors and 1 drive door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,116
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,822,320
$1.8M
Cap Rate 7%
$1,301,657
$1.3M
Cap Rate 9%
$1,012,400
$1.0M
Market Conditions
NOI Build-Up for 15,585 SF
Gross rent
$140.3K $9.00/SF
− Vacancy
−$10.1K −$0.65/SF
EGI
$130.2K $8.35/SF
− OpEx
−$39.0K −$2.51/SF
NOI
$91.1K $5.85/SF
Area
Crawford County, AR
Vacancy
7.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,822,320
Cap Rate 7%
$1,301,657
Cap Rate 9%
$1,012,400
Alternative Uses
Best Use
Warehouse
$1.53M
$1.34M – $1.78M
NOI $106,826 @ 7.0% cap · market cap 1,068.37%
Second Best
Flex RnD
$1.38M
$1.21M – $1.62M
NOI $96,922 @ 7.0% cap · market cap 969.32%
Theoretical Best
Office A
$2.99M
$2.61M – $3.49M
NOI $209,163 @ 7.0% cap · market cap 2,091.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72956, AR
33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Trailblazer Discount Self-Storage — 2801 laura ln, van buren, ar 72956
- Key-Pers Mini Storage — 1647 N 16th St, Van Buren, AR 72956
Frequently Asked Questions
What type of property is this?
Warehouse - Office component includes private offices, a reception area, and space that can serve as a conference room.
Where is this warehouse located?
The property is located at 1621 28th Street Van Buren, AR.
What are key features of this property?
This property features: Approximately 15,585 square feet of warehouse space; 4 private offices, receptionist/waiting room, and potential conference room; 2 dock‑high doors and 1 drive door
