164 Sherman Way, Kensett, AR 72082
Well-equipped industrial facility with ample space, flexibility, and security.
- Added:
- Jul 10, 2024
- Days on Market:
- 727
- Last Refresh:
- Mar 19 at 8:54 pm
Property Features for 164 Sherman Way
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial, Land, Mixed Use
Building Details
- Year Built
- 2007
Listing office RE/MAX Advantage (501) 268-1115
Listing date Jul 10, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage
HighLights
- 12,000 sq ft commercial building with 8,000 sq ft heated space ideal for manufacturing, storage, or light industrial.
- Equipped with a Demag 5‑Ton Crane for heavy lifting.
- Features three 16‑ft overhead pull‑through doors with motors for easy access.
- Situated on a large 5‑acre lot, offering ample outdoor space.
- Fully fenced property with three‑strand barbed wire for enhanced security.
- Located in an established industrial park with easy access to major roads.
Overview
Local Financial Insights For Warehouse
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 | $72.0k | $6.00 |
| − Vacancy | −$7.5k | −$0.62 |
| EGI | $64.5k | $5.38 |
| − OpEx | −$9.7k | −$0.81 |
| NOI | $54.8k | $4.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kensett
- County
- White
- State
- Arkansas
- Longitude
- -91.676921
- Latitude
- 35.246842