Flex Space With Bridge
For Sale
$950,000
2903 Shiloh Road, Searcy, AR 72143
Commercial / Industrial, Searcy, AR
Property Size11,650 SF
Lot Size3.00 Acres
Price / SF$81.55
Days on Market359
Property Features for 2903 Shiloh Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Purpose
Interior features
Public Restrooms, Kitchen Area, Showers
Exterior features
Fully Fenced
Fencing
Full
Lot features
Sloped
Directions
From Beebe Capps turn right on Eastline Road, left on Shiloh Road, property is on the right. Sign on property.
Subdivision
WHITE COUNTY (SE)
Standard status
Active
Size
11,650 SF
Lot size
3.00 Acres
Taxes and HOA fees
Tax Description
13-07-07 Rural metes and bound
Tax Annual Amount
2408
Legal Description
13-07-07 Rural metes and bound
Amenities
Fully furnished break room
full safe room
Building Details
Year built
2002
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Metal
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga
(501) 515-2658
Added: Sep 8, 2025
Changed: Aug 19
Last Checked: Sep 1 at 12:06AM
MLS# 25036052
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 11,650-square-foot flex facility combines a substantial work area with 1,000 square feet of finished office space. The office area includes central heating and air conditioning, stained concrete floors, a private bathroom with shower, and a furnished break room. A dedicated room houses the air compressor, while a separate safe room has a 6-inch door.
The shop is equipped with a 10-ton power trolley bridge crane, wash bays with an oil-and-water separator, infrared heaters, power louvers, cross-ventilation fans, air drops, and multiple 110- and 220-volt outlets. Electrical service includes three-phase power and a three-phase outlet. Three 14-foot power lift doors and four 16-foot drive-through bays support equipment and vehicle movement.
The 3-acre, fully fenced and heavily graveled site provides four entrances and exits for 18-wheeler traffic. The property is at 2903 Shiloh Road in Searcy, positioned just outside city limits near the Hwy. 67-167 exit.
The shop is equipped with a 10-ton power trolley bridge crane, wash bays with an oil-and-water separator, infrared heaters, power louvers, cross-ventilation fans, air drops, and multiple 110- and 220-volt outlets. Electrical service includes three-phase power and a three-phase outlet. Three 14-foot power lift doors and four 16-foot drive-through bays support equipment and vehicle movement.
The 3-acre, fully fenced and heavily graveled site provides four entrances and exits for 18-wheeler traffic. The property is at 2903 Shiloh Road in Searcy, positioned just outside city limits near the Hwy. 67-167 exit.
Key Highlights
- 11,650 square feet of work area plus 1,000 square feet of office space
- 10‑ton power trolley bridge crane
- Three 14‑foot power lift doors and four 16‑foot drive‑through bays
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
$53,236
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
5.60%
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%
$1,064,720
$1.1M
Cap Rate 7%
$760,514
$760.5K
Cap Rate 9%
$591,511
$591.5K
Market Conditions
NOI Build-Up for 11,650 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
$69.9K $6.00/SF
− Vacancy
−$7.3K −$0.62/SF
EGI
$62.6K $5.38/SF
− OpEx
−$9.4K −$0.81/SF
NOI
$53.2K $4.57/SF
Area
White County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
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%
$1,064,720
Cap Rate 7%
$760,514
Cap Rate 9%
$591,511
Alternative Uses
Best Use
Flex RnD
$1.42M
$1.24M – $1.65M
NOI $99,088 @ 7.0% cap · market cap 10.43%
Second Best
Warehouse
$760.5K
$665.5K – $887.3K
NOI $53,236 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$2.13M
$1.86M – $2.49M
NOI $149,139 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Functional flex facility with office, shop, service bays, and truck-oriented site circulation near the Hwy. 67-167 exit.
Where is this flex space located?
The property is located at 2903 Shiloh Road Searcy, AR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 11,650 square feet of work area plus 1,000 square feet of office space; 10‑ton power trolley bridge crane; Three 14‑foot power lift doors and four 16‑foot drive‑through bays
