Commercial Land with Existing
2900 E Race Avenue, Searcy, AR 72143
For Sale
$469,000
Commercial / Industrial, Searcy, AR
Property Size2,442 SF
Lot Size0.27 Acres
Price / SF$192.06
Days on Market142
Property Features for 2900 E Race Avenue
General Information
Property type
Property subtype
Zoning description
Parking
Interior features
Lot features
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Flooring type
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Austin Durham · License #EB00087797
(417) 425-9866
Added: Jun 19
Changed: Nov 2
Last Checked: Nov 7 at 8:06PM
MLS# 26024797
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 0.27-acre commercial land parcel includes a 2,442-square-foot building constructed in 1978. The existing improvements feature a kitchen area, an in-unit bathroom, and vinyl flooring, providing a defined structure on the site.
The property is located at 2900 E Race Avenue in Searcy, with frontage along Race Avenue. Established national and regional brands surround the site, adding established commercial context to the corridor.
The property is located at 2900 E Race Avenue in Searcy, with frontage along Race Avenue. Established national and regional brands surround the site, adding established commercial context to the corridor.
Key Highlights
- 0.27‑acre commercial land parcel
- 2,442‑square‑foot existing building
- Building constructed in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,659
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,180
$513.2K
Cap Rate 7%
$366,557
$366.6K
Cap Rate 9%
$285,100
$285.1K
Market Conditions
NOI Build-Up for 2,442 SF
Gross rent
$36.6K $15.00/SF
− Vacancy
−$2.4K −$0.99/SF
EGI
$34.2K $14.01/SF
− OpEx
−$8.6K −$3.50/SF
NOI
$25.7K $10.51/SF
Area
White County, AR
Vacancy
6.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,180
Cap Rate 7%
$366,557
Cap Rate 9%
$285,100
Alternative Uses
Best Use
Specialty Retail
$366.6K
$320.7K – $427.7K
NOI $25,659 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.6K
$390.8K – $521.0K
NOI $31,262 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
186k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 23%
Home Improvements & Furnishings 8%
Hotels & Casinos 4%
7 Brew Coffee
Dining
20,226 visits/mo
0.5 miles
Ollie's Bargain Outlet
Shops & Services
18,855 visits/mo
0.2 miles
Colton's Steak House & Grill
Dining
16,786 visits/mo
0.2 miles
Freddy's Frozen Custard & Steakburgers
Dining
13,830 visits/mo
0.0 miles
Harbor Freight Tools
Home Improvements & Furnishings
13,154 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Commercial land in Searcy
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Existing improvements include a kitchen area and in-unit bathroom.
Where is this commercial land located?
The property is located at 2900 E Race Avenue Searcy, AR.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 0.27‑acre commercial land parcel; 2,442‑square‑foot existing building; Building constructed in 1978
