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Insulated Industrial Flex Buildings

308 Thomas White Hall, AR 71602

Claim this Listing
For Sale
$780,000

COMMERCIAL - White Hall, AR

Property size:
10,000 SF
Lot size:
1.33 Acres
Price / SF:
$78/SF
Added:
Aug 12, 2024
Days on Market:
702
Last Refresh:
Jul 14 at 8:06 am

Property Features for 308 Thomas

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
20
Exterior features
Fully Fenced
Fencing
Full
Standard status
Active
Size
10,000 SF
Lot size
1.33 Acres

Taxes and HOA fees

Tax Description
Parcel 001-06820-000

Building Details

Year built
2005
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Architectural style
Other

Listing agent Lisa Attwood

Listing office Lisa Attwood Realty 8903 Dollarway Road, White Hall, AR

Listing date Aug 12, 2024

MLS# 24029093

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 property features four large, insulated 50x50 buildings totaling multiple flexible use configurations. The buildings include one converted into a three-bedroom, two-bath home with kitchen, dining room, and laundry room, another used as an office, and one configured to support a 35x50 showroom with three offices. One additional building is being leased out. Each 50x50 structure has a 14x14 overhead door with commercial garage doors, and each building operates under its own address and separate power supply.

The site is located right off Interstate 530 in a high-traffic area with visibility. There are also two covered lean-tos measuring 17.5 by 210 feet, each with 30-foot bays, providing additional covered workspace adjacent to the main buildings.

Overall, the property is designed around multiple independent structures, offering a compartmentalized layout with covered bays and overhead door access across the campus.

Key Highlights

  • 1.33‑acre property with four 50x50 insulated buildings right off Interstate 530
  • One 50x50 building converted to a 3 bed, 2 bath home with kitchen, dining room, and laundry room
  • Three additional buildings include one office use, one with a 35x50 showroom plus three offices, and one currently leased

Local Financial Insights For Industrial

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 $72.0k $7.20
− Vacancy −$5.2k −$0.52
EGI $66.8k $6.68
− OpEx −$20.0k −$2.00
NOI $46.8k $4.68
10,000 SF · lease $7.20/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,818 @ 7.0% cap · market cap 18.69%
Second Best
Office B
$1.93M
$1.68M – $2.25M (±1% cap)
NOI $134,761 @ 7.0% cap · market cap 17.28%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,468 @ 7.0% cap · market cap 23.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Big Box & Wholesale Store Auto Parts Store Plumbing Service Garden Center Law Firm Kitchen & Bath Showroom Grocery & Convenience Store Home Appliance Store Tech Support Center

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

FAQs

What type of property is this?
Flex space - Four 50x50 insulated buildings on 1.33 acres each with overhead doors, separate addresses, and individual power supply.
Where is this flex space located?
The property is located at 308 Thomas White Hall, AR.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 1.33‑acre property with four 50x50 insulated buildings right off Interstate 530; One 50x50 building converted to a 3 bed, 2 bath home with kitchen, dining room, and laundry room; Three additional buildings include one office use, one with a 35x50 showroom plus three offices, and one currently leased
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