Mixed-Use Property with Overhead
For Sale
$1,900,000
21505 Hwy 365 N, Maumelle, AR 72113
Commercial / Industrial, Maumelle, AR
Property Size7,200 SF
Lot Size1.20 Acres
Price / SF$263.89
Days on Market202
Property Features for 21505 Hwy 365 N
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Public Restrooms
Exterior features
Partially Fenced, Guttering, Overhead Doors
Fencing
Partial
Subdivision
Metes & Bounds
Lot features
Level, Corner Lot, Not in Subdivision, Out of City
Directions
Exit #142 on Interstate 40, West on Hwy 365, left at light, corner of Hwy 365 and Overstreet, property on right. On the corner of Maumelle Blvd. (Hwy 100) and Hwy 365. Across from Maverick station.
Standard status
Active
Size
7,200 SF
Lot size
1.20 Acres
Taxes and HOA fees
Tax Description
Metes and Bounds
Tax Annual Amount
3903
Legal Description
Metes and Bounds
Building Details
Year built
2023
Floors in Building
1
Flooring type
Concrete, Tile, Wood
Roof type
Metal, Shingle
Listing Agency:
Deaton Group Realty
Listed By:
Scott Deaton
(501) 580-9151
Added: Mar 17
Changed: Sep 13
Last Checked: Oct 4 at 7:06PM
MLS# 26010257
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 spans 1.2 acres across two parcels and includes 7,200 square feet of improvements. The 2023-built commercial building measures 4,000 square feet, complemented by a 1,700-square-foot home and a 1,500-square-foot warehouse. The improvements include public restrooms, overhead doors, concrete, tile, and wood flooring, along with partial fencing and shingle and metal roofing.
The property is positioned at the intersection of Hwy 100, also identified as Maumelle Blvd, and Hwy 365, or Old Conway Highway. Interstate 40 is approximately 0.5 mile away, and the site is reported to see approximately 23,000 cars per day. Retail and hotel establishments are located nearby, while the property sits just outside Maumelle city limits.
The property is positioned at the intersection of Hwy 100, also identified as Maumelle Blvd, and Hwy 365, or Old Conway Highway. Interstate 40 is approximately 0.5 mile away, and the site is reported to see approximately 23,000 cars per day. Retail and hotel establishments are located nearby, while the property sits just outside Maumelle city limits.
Key Highlights
- 1.2 total acres across 2 parcels
- 7,200 square feet of total improvements
- 4,000 sf commercial building built in 2023
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
$67,068
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
3.53%
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%
$1,341,360
$1.3M
Cap Rate 7%
$958,114
$958.1K
Cap Rate 9%
$745,200
$745.2K
Market Conditions
NOI Build-Up for 7,200 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
$116.6K $16.20/SF
− Vacancy
−$9.3K −$1.30/SF
EGI
$107.3K $14.90/SF
− OpEx
−$40.2K −$5.59/SF
NOI
$67.1K $9.32/SF
Area
Pulaski County, AR
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
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%
$1,341,360
Cap Rate 7%
$958,114
Cap Rate 9%
$745,200
Alternative Uses
Best Use
Mixed Use
$958.1K
$838.4K – $1.12M
NOI $67,068 @ 7.0% cap · market cap 3.53%
Second Best
Warehouse
$549.0K
$480.4K – $640.6K
NOI $38,433 @ 7.0% cap · market cap 2.02%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $96,139 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use acreage combines a recently built commercial building, residence, and warehouse with highway access near Interstate 40.
Where is this mixed-use property located?
The property is located at 21505 Hwy 365 N Maumelle, AR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 1.2 total acres across 2 parcels; 7,200 square feet of total improvements; 4,000 sf commercial building built in 2023
