Industrial Flex
21118 Wade Road Springdale, AR 72764
New
For Sale
$2,230,000
Flex warehouse property accessed from Wade Road, with the building positioned on the south side of Highway 412.
Property Size11,998 SF
Price / SF$185.86
Days on Market4
Property Features for 21118 Wade Road
General Information
- Standard status
- Active
- Size
- 11,998 SF
Building Details
- Year Built
- 2023
Listing Agency:
Black Diamond Mergers & Acquisitions, LLC
(479) 685-5696
Listed By:
Christian R Baldwin
(479) 685-5696
Source:
Evrealestate
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 6:29AM
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 Black Diamond Mergers & Acquisitions, LLC
Investment Insights
Based on property information with market context.
This industrial flex warehouse is offered for sale and includes commercial space suited to flexible operational needs. The property’s primary access is from Wade Road, with entry into the parking lot after approximately 400 feet.
Directions indicate the building is located on the south side of Highway 412. From Butterfield Coach Road, head east on Highway 412 for 6.5 miles, turn right onto Wade Road, and then turn left into the parking lot.
The listing is located at 21118 Wade Road in Springdale, Arkansas and is identified as industrial, warehouse, and flex space within the property type summary.
Directions indicate the building is located on the south side of Highway 412. From Butterfield Coach Road, head east on Highway 412 for 6.5 miles, turn right onto Wade Road, and then turn left into the parking lot.
The listing is located at 21118 Wade Road in Springdale, Arkansas and is identified as industrial, warehouse, and flex space within the property type summary.
Key Highlights
- Year built: 2023
- Flex warehouse accessed from Wade Road
- Building positioned on the south side of Highway 412
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 | $96.5k | $8.04 |
| − Vacancy | −$10.0k | −$0.84 |
| EGI | $86.4k | $7.20 |
| − OpEx | −$13.0k | −$1.08 |
| NOI | $73.5k | $6.12 |
11,998 SF · lease $8.04/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.05M
$918.3K – $1.22M
NOI $73,467 @ 7.0% cap · market cap 3.29%
Second Best
Industrial
$1.00M
$876.8K – $1.17M
NOI $70,145 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$3.22M
$2.82M – $3.76M
NOI $225,432 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
NWA Flex Space
Shopping Center & Mall
Buffalo River Plastics
Factory
JP&C Auto Group
Car Dealership
The DECK Company, LLC ...
Construction Company
FAQs
What type of property is this?
Flex space - Flex warehouse property accessed from Wade Road, with the building positioned on the south side of Highway 412.
Where is this flex space located?
The property is located at 21118 Wade Road Springdale, AR.
What is the asking price?
The asking price for this property is $2,230,000.
What are key features of this property?
This property features: Year built: 2023; Flex warehouse accessed from Wade Road; Building positioned on the south side of Highway 412
