Avenue-Front Retail
2900 East Race Avenue Searcy, AR 72143
2900 East Race Avenue, Searcy, AR, 72143
Contact for pricing
For Sale
Contact for pricing
For sale retail building on East Race Avenue in Searcy, Arkansas.
Property Size2,442 SF
Price / SF$204.34
Days on Market50
Property Features for 2900 East Race Avenue
General Information
- Standard status
- Active
- Size
- 2,442 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1978
Listing agency
Dalrymple Commercial
Listed by
Austin Durham · License #EB00087797
Source
Crexi
Added: Jun 3 Updated: Jul 20 at 11:05PM Checked: Jul 21 at 7:05AM
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 Dalrymple Commercial
Investment Insights
Based on property information with market context.
Offered for sale, this retail building sits on East Race Avenue in Searcy, Arkansas, providing direct street frontage for storefront and signage visibility.
The property is identified as 2900 East Race Avenue and is positioned within a commercial retail corridor as described in the public remarks. Consider this site for business use or for redevelopment plans where a retail-oriented location and avenue frontage are priorities.
The listing is available for $499,000.
The property is identified as 2900 East Race Avenue and is positioned within a commercial retail corridor as described in the public remarks. Consider this site for business use or for redevelopment plans where a retail-oriented location and avenue frontage are priorities.
The listing is available for $499,000.
Key Highlights
- Retail building for sale on East Race Avenue in Searcy, Arkansas
- Year built: 1978
- Commercial site with Race Avenue frontage in a highly visible area of Searcy
Local 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 | $35.2k | $14.40 |
| − Vacancy | −$3.9k | −$1.60 |
| EGI | $31.3k | $12.80 |
| − OpEx | −$7.8k | −$3.20 |
| NOI | $23.4k | $9.60 |
2,442 SF · lease $14.40/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$334.9K
$293.1K – $390.8K
NOI $23,446 @ 7.0% cap · market cap 4.70%
Second Best
Retail
$275.5K
$241.0K – $321.4K
NOI $19,282 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$446.6K
$390.8K – $521.0K
NOI $31,262 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mr. Smoke Vape ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For sale retail building on East Race Avenue in Searcy, Arkansas.
Where is this retail space located?
The property is located at 2900 East Race Avenue Searcy, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Retail building for sale on East Race Avenue in Searcy, Arkansas; Year built: 1978; Commercial site with Race Avenue frontage in a highly visible area of Searcy
