308 Thomas White Hall, AR 71602
COMMERCIAL - White Hall, AR
- Added:
- Aug 12, 2024
- Days on Market:
- 702
- Last Refresh:
- Jul 14 at 7:06 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 (870) 329-4350
Listing office Lisa Attwood Realty 8903 Dollarway Road, White Hall, AR (870) 329-4350
Listing date Aug 12, 2024
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.
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 |
