Flex Building with Large
For Sale
$1,100,000
3110 Auto Dr, Pine Bluff, AR 71601
Adaptable commercial facility with offices, showroom space, storage, and multiple work areas for varied operations.
Property Size15,064 SF
Lot Size6.73 Acres
Price / SF$73.02
Days on Market34
Property Features for 3110 Auto Dr
General Information
Standard status
Active
Size
15,064 SF
Lot size
6.73 Acres
Additional Details
Fenced Yard
Yes
Drive-In Doors
4
Building Details
Year Built
1989
Buildings
1
Building Size
15,064 SF
Listing Agency:
Blue Ink Real Estate
(870) 489-0973
Listed By:
Teresa Lambert
Source:
Themoverealty
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 30 at 8:36PM
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 Blue Ink Real Estate
Investment Insights
Based on property information with market context.
Built in 1989, this flex property contains 15,064 square feet arranged across showroom space, offices, storage, a substantial shop, and an additional work area. The office portions are fully air conditioned, while the shop is heated. Three roll-up doors serve the main shop, with a fourth door providing access to the separate work area. The property also includes fenced areas and a gated entrance.
The facility occupies a 6.727-acre lot at 3110 Auto Dr. in Pine Bluff, with a second 2-acre parcel identified for expansion. Highway access is approximately 1 mile from Highway 65 S and 1.5 miles from I-530, providing proximity to regional transportation routes.
The facility occupies a 6.727-acre lot at 3110 Auto Dr. in Pine Bluff, with a second 2-acre parcel identified for expansion. Highway access is approximately 1 mile from Highway 65 S and 1.5 miles from I-530, providing proximity to regional transportation routes.
Key Highlights
- 15,064‑square‑foot flex building constructed in 1989
- 6.727‑acre lot plus a second 2‑acre parcel for expansion
- Showroom, offices, storage, large shop, and separate work area
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
$75,720
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
6.88%
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%
$1,514,400
$1.5M
Cap Rate 7%
$1,081,714
$1.1M
Cap Rate 9%
$841,333
$841.3K
Market Conditions
NOI Build-Up for 15,064 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
$99.4K $6.60/SF
− Vacancy
−$10.3K −$0.69/SF
EGI
$89.1K $5.91/SF
− OpEx
−$13.4K −$0.89/SF
NOI
$75.7K $5.03/SF
Area
Jefferson County, AR
Vacancy
10.40%
Lease Rate
$6.60 /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%
$1,514,400
Cap Rate 7%
$1,081,714
Cap Rate 9%
$841,333
Alternative Uses
Best Use
Flex RnD
$3.14M
$2.75M – $3.66M
NOI $219,660 @ 7.0% cap · market cap 19.97%
Second Best
Warehouse
$1.08M
$946.5K – $1.26M
NOI $75,720 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$3.86M
$3.38M – $4.51M
NOI $270,351 @ 7.0% cap · market cap 24.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71601, AR
13,881
Population
6,573
Households
2.1
Avg Household Size
34
Median Age
15%
College-Educated
86%
High-School Grad
115.4 sq mi
ZIP Area
120
Density / Sq Mi
$36,688
Median Household Income
$23,586
Median Earnings
$802
Median Rent
$67,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial facility with offices, showroom space, storage, and multiple work areas for varied operations.
Where is this flex space located?
The property is located at 3110 Auto Dr Pine Bluff, AR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 15,064‑square‑foot flex building constructed in 1989; 6.727‑acre lot plus a second 2‑acre parcel for expansion; Showroom, offices, storage, large shop, and separate work area
