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Industrial Flex Property with Building
For Sale
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280 Lewallen Street, Friendship, AR 71942

Commercial Sale, Friendship, AR

Property Size13,200 SF
Lot Size15.00 Acres
Days on Market27

Property Features for 280 Lewallen Street

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions From Interstate 30, take the Friendship Exit (Exit 83) and then travel East 1/4 mile on State Highway 283 to Able Lane. Turn left onto Able Lane for 2/10ths of a mile and turn onto Lewallen Street and the property is on the left.
Standard status Active
APN 046-00130-001
Lot size 15.00 Acres
Listing Agency: National Land Realty, Little Rock, AR
Listed By: Jeramy Stephens · License #PB00056702
Added: Sep 1 Changed: Sep 27 Last Checked: Sep 27 at 12:06PM
MLS# 11995515

Copyright © 2026 My State 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 industrial flex property spans 15 acres and includes a 13,200-square-foot building. The site also has approved fill material, and infrastructure remains from earlier commercial and industrial operations. The building was previously occupied by a construction company and can accommodate equipment storage and fleet parking, among other stated industrial uses.

At 280 Lewallen Street in Friendship, Arkansas, the property is one-half mile from Interstate 30 at Exit 83. It is located in Hot Spring County. The property will be offered at public auction on October 1, 2026, with in-person and online bidding available.

Key Highlights

  • 15 acres of commercial and industrial land
  • 13,200‑square‑foot building on site
  • Approved fill material is present on the property

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 71942, AR

115
Population
49
Households
2.3
Avg Household Size
41
Median Age
2%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
96
Density / Sq Mi
$85,461
Median Household Income
$34,737
Median Earnings
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - A substantial acreage tract includes a 13,200-square-foot building and approved fill material on site.
Where is this flex space located?
The property is located at 280 Lewallen Street Friendship, AR.
What are key features of this property?
This property features: 15 acres of commercial and industrial land; 13,200‑square‑foot building on site; Approved fill material is present on the property
More about this property
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