Multi-Building Flex and
For Sale
$4,800,000
2000 E Race Avenue, Searcy, AR 72143
Two-building C-4-zoned property includes showroom space, dedicated offices, and a warehouse with 12 roll-up doors.
Property Size26,568 SF
Lot Size4.90 Acres
Price / SF$180.67
Days on Market95
Property Features for 2000 E Race Avenue
General Information
Standard status
Active
Size
26,568 SF
Lot size
4.90 Acres
Property subtype
Commercial / Industrial
Zoning
C-4
Additional Details
Traffic Count
24,000 vehicles/day
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga · License #AR PB00076250
(501) 515-2658
Source:
Arprorealty
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 24 at 4:47PM
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 Dalrymple
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Investment Insights
Based on property information with market context.
This versatile C-4-zoned property features two buildings totaling 26,568 SF on a 4.90-acre lot. The configuration includes an automotive showroom, dedicated office space, and a warehouse area equipped with 12 roll-up doors to support flexible logistics and operations.
The property is located on a major arterial road with visibility and exposure to 24,000 VPD, making it well suited for commercial users seeking strong roadside presence. It is surrounded by established national retailers, local businesses, and prominent medical centers.
With its mix of showroom, office, and roll-up-door warehouse space, this offering can accommodate a range of retail, automotive, and industrial-flex uses for an owner-user or an investor.
The property is located on a major arterial road with visibility and exposure to 24,000 VPD, making it well suited for commercial users seeking strong roadside presence. It is surrounded by established national retailers, local businesses, and prominent medical centers.
With its mix of showroom, office, and roll-up-door warehouse space, this offering can accommodate a range of retail, automotive, and industrial-flex uses for an owner-user or an investor.
Key Highlights
- C‑4 zoned two‑building commercial property at 2000 with a total of 26,568 SF on a 4.90‑acre level lot
- Warehouse includes 12 roll‑up doors plus office space and an automotive showroom across both buildings
- One‑story buildings with slab foundation and concrete/other flooring (see remarks)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,972
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,519,440
$4.5M
Cap Rate 7%
$3,228,171
$3.2M
Cap Rate 9%
$2,510,800
$2.5M
Market Conditions
NOI Build-Up for 26,568 SF
Gross rent
$373.0K $14.04/SF
− Vacancy
−$25.4K −$0.95/SF
EGI
$347.6K $13.09/SF
− OpEx
−$121.7K −$4.58/SF
NOI
$226.0K $8.51/SF
Area
White County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,519,440
Cap Rate 7%
$3,228,171
Cap Rate 9%
$2,510,800
Alternative Uses
Best Use
Flex RnD
$3.23M
$2.82M – $3.77M
NOI $225,972 @ 7.0% cap · market cap 4.71%
Second Best
Retail
$3.00M
$2.62M – $3.50M
NOI $209,781 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$4.86M
$4.25M – $5.67M
NOI $340,113 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Eddie’s BBQ Shack — 3021 E Race Ave, Searcy, AR 72143
- Firehouse Subs Gin Creek — 1547 E Race Ave #4, Searcy, AR 72143
Frequently Asked Questions
What type of property is this?
Flex space - Two-building C-4-zoned property includes showroom space, dedicated offices, and a warehouse with 12 roll-up doors.
Where is this flex space located?
The property is located at 2000 E Race Avenue Searcy, AR.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: C‑4 zoned two‑building commercial property at 2000 with a total of 26,568 SF on a 4.90‑acre level lot; Warehouse includes 12 roll‑up doors plus office space and an automotive showroom across both buildings; One‑story buildings with slab foundation and concrete/other flooring (see remarks)
