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    Industrial Flex Building with Dock Title is generated by Realmo AI

    294 HWY 62 W, Ash Flat, AR 72513

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    Claim this Listing
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    For Sale
    $299,500

    Commercial Building - Ash Flat, AR

    Property size:
    3,500 SF
    Lot size:
    1.60 Acres
    Price / SF:
    $85/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:06 pm

    Property Features for 294 HWY 62 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking features
    Garage
    Standard status
    Active
    Size
    3,500 SF
    Lot size
    1.60 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1280

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeffrey Long

    Listing agent Jeffrey Long

    Listing office Wolf Creek Realty, Inc. 2110 Hwy 62-412 Ste A, Highland, AR

    Listing date Jun 3, 2026

    MLS# 11800986 Listing URL

    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.

    HighLights

    • 3,500 SF multi‑use commercial building in Ash Flat, AR with a rear loading/unloading dock
    • 50' x 70' building renovated in 2004, with metal roofing and vinyl siding
    • 1.60‑acre lot provides room to expand the business (also offered with an additional 1.00‑acre lot)
    • New HVAC system installed 3 years ago; central air plus electric forced‑air heating
    • Includes a 3/4 bath with walk‑in shower, full kitchen, washer‑dryer hookups, and on‑demand electric water heater
    • Garage parking; real estate taxes were $1,280 in 2025

    Overview

    This multi-use commercial building provides 3,500 square feet of flex/warehouse space with rear loading and unloading through a dock. The 50' x 70' structure was renovated in 2004 and includes upgrades such as a metal roof and vinyl siding. Interior amenities include a 3/4 bath with a walk-in shower, full kitchen, and washer-dryer hookups. For hot water, the property is equipped with an on-demand electric water heater. A new HVAC system was installed three years ago. The offering excludes any shelving, forklift, and other personal property shown in the photographs.

    Located in Ash Flat, Arkansas within city limits, the property is positioned on a 1.60-acre lot and is described as a high-traffic location. The listing also indicates an option to purchase additional land: the property is also offered with a 1.00-acre lot.

    For buyers seeking a practical owner-operator setup, the combination of warehouse loading capability and on-site living/utility features may support a range of small industrial and service-oriented uses. Recent HVAC replacement and the 2004 exterior and interior upgrades can help reduce near-term building maintenance considerations. The seller noted 2025 real estate taxes of $1,280. Please note that only the real estate is included; tenant or operational equipment shown in photos is not part of the offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ash Flat
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.6078
    Latitude
    36.243692

    Nearby Similar for Sale

    • $329,900
      1,200 SF

      Highway Frontage Live-Work Property

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      13058 Highway 62 E, Ash Flat, AR
      View Details
    • $209,900
      1,152 SF

      Commercial Property in Ash Flat

      Renovated commercial building with living space and expansion potential.
      782 Ash Flat Dr, Ash Flat, AR 72513
      View Details
    • $315,000

      Arkansas Hobby Farm with Acreage

      Three-bedroom home on 20 acres in the Arkansas Ozarks.
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      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile warehouse with rear loading dock, renovated interior, and newer HVAC on a lot with room to expand.
    Where is this flex space located?
    The property is located at 294 HWY 62 W Ash Flat, AR.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: 3,500 SF multi‑use commercial building in Ash Flat, AR with a rear loading/unloading dock; 50' x 70' building renovated in 2004, with metal roofing and vinyl siding; 1.60‑acre lot provides room to expand the business (also offered with an additional 1.00‑acre lot)
    (870) 856-5263
    We can help!
    Listing Contact
    Jeffrey Long
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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