Mixed-Use Property with
For Sale
$445,500
19025 AR-127 Hwy, Garfield, AR 72732
CommercialSale, Garfield, AR
Property Size3,000 SF
Lot Size3.86 Acres
Price / SF$148.50
Days on Market22
Property Features for 19025 AR-127 Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Rural Lot
Directions
Hwy 62 E Turn right onto AR-127 E/Main St...
Standard status
Active
APN
09-00106-138
Size
3,000 SF
Lot size
3.86 Acres
Taxes and HOA fees
Tax Description
SURVEY DESCRIPTION OF TRACT 3A, PER SURVEY FILED AS INSTRUMENT NUMBER L201949154, RECORDS OF BENTON COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: LOCATED IN A PART OF THE NW 1/4 OF THE NE 1/4 OF FRACTIONAL SECTION 4, TOWNSHIP 20 NORTH, RA NGE
Tax Annual Amount
665
Legal Description
SURVEY DESCRIPTION OF TRACT 3A, PER SURVEY FILED AS INSTRUMENT NUMBER L201949154, RECORDS OF BENTON COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: LOCATED IN A PART OF THE NW 1/4 OF THE NE 1/4 OF FRACTIONAL SECTION 4, TOWNSHIP 20 NORTH, RA NGE
Building Details
Year built
2023
Listing Agency:
Real Estate Pro NWA
(479) 333-2041
Listed By:
Tabitha Day · License #EB00081393
(479) 685-4558
Added: Aug 6
Changed: Aug 27
Last Checked: Aug 27 at 2:06PM
MLS# 1357945
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 mixed-use property includes a 3,000-square-foot commercial-zoned shop measuring 40 by 75 feet. The building is equipped with an air compressor, phase converter, and 12-by-10-foot garage door, along with a 480-square-foot apartment that includes appliances.
A 2022 modular home is also part of the property, with upgraded drywall and textured walls, a roof and siding completed in 2023, and appliances included. Exterior improvements include a covered deck, fenced yard, 12-by-24-foot storage shed, chicken coop, two 18-by-22-foot carports, and a 20-by-30-foot RV carport. The property is located on AR-127 Hwy in Garfield, approximately 5 miles from Beaver Lake.
A 2022 modular home is also part of the property, with upgraded drywall and textured walls, a roof and siding completed in 2023, and appliances included. Exterior improvements include a covered deck, fenced yard, 12-by-24-foot storage shed, chicken coop, two 18-by-22-foot carports, and a 20-by-30-foot RV carport. The property is located on AR-127 Hwy in Garfield, approximately 5 miles from Beaver Lake.
Key Highlights
- 3,000 SF commercial‑zoned shop measuring 40x75
- Shop includes air compressor, phase converter, and 12x10 garage door
- 480 SF apartment with appliances included
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
$30,401
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
6.82%
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%
$608,020
$608.0K
Cap Rate 7%
$434,300
$434.3K
Cap Rate 9%
$337,789
$337.8K
Market Conditions
NOI Build-Up for 3,000 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
$50.4K $16.80/SF
− Vacancy
−$3.6K −$1.21/SF
EGI
$46.8K $15.59/SF
− OpEx
−$16.4K −$5.46/SF
NOI
$30.4K $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%
$608,020
Cap Rate 7%
$434,300
Cap Rate 9%
$337,789
Alternative Uses
Best Use
Flex RnD
$434.3K
$380.0K – $506.7K
NOI $30,401 @ 7.0% cap · market cap 6.82%
Second Best
Mixed Use
$298.3K
$261.0K – $348.0K
NOI $20,880 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$824.4K
$721.4K – $961.8K
NOI $57,709 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 72732, AR
4,990
Population
2,834
Households
1.8
Avg Household Size
46
Median Age
24%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
57
Density / Sq Mi
$68,548
Median Household Income
$38,788
Median Earnings
$955
Median Rent
$236,600
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?
Mixed-use property - Commercial-zoned improvements combine a functional shop, apartment, modular home, and multiple covered vehicle storage areas.
Where is this mixed-use property located?
The property is located at 19025 AR-127 Hwy Garfield, AR.
What is the asking price?
The asking price for this property is $445,500.
What are key features of this property?
This property features: 3,000 SF commercial‑zoned shop measuring 40x75; Shop includes air compressor, phase converter, and 12x10 garage door; 480 SF apartment with appliances included
