New Warehouse with Drive-In
For Sale
Contact for pricing
30 Wheeler Street, Mayflower, AR 72106
Flexible industrial layout with a grade-level drive-in door and partial site fencing.
Property Size8,750 SF
Lot Size2.10 Acres
Price / SF$111.43
Days on Market14
Property Features for 30 Wheeler Street
General Information
Standard status
Active
Size
8,750 SF
Lot size
2.10 Acres
Property subtype
Office, Industrial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
8,750 SF
Drive-In Doors
1
Building Details
Year Built
2025
Buildings
1
Building Size
8,750 SF
Listing Agency:
Moses Tucker Partners
(501) 376-6555
Listed By:
George Friedmann · License #SA00082124
Source:
Crexi
Added: Aug 19
Changed: Aug 31
Last Checked: Aug 31 at 2:52AM
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 Moses Tucker Partners
Investment Insights
Based on property information with market context.
Built in 2025, this ±8,750 SF warehouse occupies a ±2.10-acre site and offers a versatile industrial layout. The building includes one grade-level drive-in door and 16-foot clear heights, with the configuration identified for manufacturing, distribution, service, contractor, and storage uses. Partial fencing adds definition to the property’s outdoor area.
The facility is located just off Interstate 40, which carries 74,000 VPD, with access through nearby interchanges. Its setting places the property between the Little Rock and Conway markets. The site is directly behind Lumber One Home Center and near Harps Food Stores, Sonic Drive-In, and other established businesses.
The facility is located just off Interstate 40, which carries 74,000 VPD, with access through nearby interchanges. Its setting places the property between the Little Rock and Conway markets. The site is directly behind Lumber One Home Center and near Harps Food Stores, Sonic Drive-In, and other established businesses.
Key Highlights
- ±8,750 SF warehouse built in 2025
- ±2.10‑acre industrial site with partial fencing
- One grade‑level drive‑in door
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
$53,135
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
5.45%
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%
$1,062,700
$1.1M
Cap Rate 7%
$759,071
$759.1K
Cap Rate 9%
$590,389
$590.4K
Market Conditions
NOI Build-Up for 8,750 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
$87.2K $9.96/SF
− Vacancy
−$5.4K −$0.62/SF
EGI
$81.7K $9.34/SF
− OpEx
−$28.6K −$3.27/SF
NOI
$53.1K $6.07/SF
Area
Faulkner County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
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%
$1,062,700
Cap Rate 7%
$759,071
Cap Rate 9%
$590,389
Alternative Uses
Best Use
Flex RnD
$759.1K
$664.2K – $885.6K
NOI $53,135 @ 7.0% cap · market cap 5.45%
Second Best
Warehouse
$571.2K
$499.8K – $666.4K
NOI $39,984 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,705 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72106, AR
5,206
Population
2,602
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
86%
High-School Grad
52.4 sq mi
ZIP Area
99
Density / Sq Mi
$59,375
Median Household Income
$38,630
Median Earnings
$855
Median Rent
$173,200
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.
Similar Off Market Nearby
- Mayflower Mini Storage — 614 S, 614 AR-365, Mayflower, AR 72106
- Storage Rentals of America — 614 AR-365, Mayflower, AR 72106
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible industrial layout with a grade-level drive-in door and partial site fencing.
Where is this warehouse located?
The property is located at 30 Wheeler Street Mayflower, AR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: ±8,750 SF warehouse built in 2025; ±2.10‑acre industrial site with partial fencing; One grade‑level drive‑in door
