Multi-Building Flex and
2000 E Race Avenue Searcy, AR 72143
New
For Sale
$4,800,000
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 Market4
Property Features for 2000 E Race Avenue
General Information
- Standard status
- Active
- Size
- 26,568 SF
- Lot size
- 4.90 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency:
REMAX Ultimate
(501) 269-8688
Listed By:
Emily Walter · License #EB00074723
(501) 269-8688
Source:
Emilywaltertherealtor.idxbroker
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 27 at 2:19AM
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 REMAX Ultimate
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 For Office B
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 | $382.6k | $14.40 |
| − Vacancy | −$42.5k | −$1.60 |
| EGI | $340.1k | $12.80 |
| − OpEx | −$85.0k | −$3.20 |
| NOI | $255.1k | $9.60 |
26,568 SF · lease $14.40/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.64M
$3.19M – $4.25M
NOI $255,085 @ 7.0% cap · market cap 5.31%
Second Best
Flex RnD
$3.23M
$2.82M – $3.77M
NOI $225,972 @ 7.0% cap · market cap 4.71%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Firehouse Subs Gin Creek — 1547 E Race Ave #4, Searcy, AR 72143
- Eddie’s BBQ Shack — 3021 E Race Ave, Searcy, AR 72143
FAQs
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)
