Flex Building with Roll-Up
For Sale
$1,100,000
3110 AUTO Dr, Pine Bluff, AR 71601
COMMERCIAL - Pine Bluff, AR
Property Size15,064 SF
Lot Size6.72 Acres
Price / SF$73.02
Days on Market617
Property Features for 3110 AUTO Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System, Security
Interior features
Public Restrooms, Kitchen Area, Security System
Exterior features
Fully Fenced, Partially Fenced, Overhead Doors, Security
Fencing
Partial, Full
Subdivision
Not in List
Lot features
Level, Cul-de-sac, Major Road Frontage
Directions
MARTHA MITCHELL EXPRESSWAY TO COMMERCE RD, TURN LEFT ONTO HARDING AVE THEN RIGHT ONTO AUTO DR, GO TO THE END AND TURN RIGHT ONTO THE PARKING LOT.
Standard status
Active
Size
15,064 SF
Lot size
6.72 Acres
Taxes and HOA fees
Tax Description
930-43983-000 & 930-43984-000
Tax Annual Amount
9846
Legal Description
930-43983-000 & 930-43984-000
Building Details
Year built
1989
Floors in Building
1
Flooring type
Concrete, Tile
Roof type
Metal
Architectural style
Other
Listing Agency:
Blue Ink Real Estate
(870) 489-0973
Listed By:
Teresa Lambert
(870) 489-0973
Added: Dec 11, 2024
Changed: Aug 4
Last Checked: Aug 20 at 12:06PM
MLS# 24044715
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 versatile flex building offers adaptable indoor space designed to support both office and shop operations. The layout includes a showroom area, office space, storage areas, and a large shop featuring three roll-up doors. A second work area includes a fourth roll-up door to accommodate additional operational needs. The property also includes fully air-conditioned office areas and a heated shop area, along with fenced areas and a gated entrance.
The property is located at 3110 Auto Dr. in Pine Bluff, AR, with claims of heavy daily traffic passing the site. Highway and interstate proximity is noted as approximately one mile to Highway 65 S and about 1.5 miles to I-530.
The site includes a 6.727-acre lot, and the listing indicates a second parcel totaling 2 acres that could be used for expansion. The building totals 15,064 square feet of adaptable space for a range of business requirements.
The property is located at 3110 Auto Dr. in Pine Bluff, AR, with claims of heavy daily traffic passing the site. Highway and interstate proximity is noted as approximately one mile to Highway 65 S and about 1.5 miles to I-530.
The site includes a 6.727-acre lot, and the listing indicates a second parcel totaling 2 acres that could be used for expansion. The building totals 15,064 square feet of adaptable space for a range of business requirements.
Key Highlights
- 15,064 SF flex building with showroom, offices, storage, and a large shop area with 3 roll‑up doors
- Additional shop/work area includes a 4th roll‑up door for flexible workspace setup
- 6.727‑acre lot with fully fenced and partially fenced areas plus a gated entrance and on‑site security features
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
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
98
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex building with showroom, offices, heated shop space, and multiple roll-up doors on a fenced lot.
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 SF flex building with showroom, offices, storage, and a large shop area with 3 roll‑up doors; Additional shop/work area includes a 4th roll‑up door for flexible workspace setup; 6.727‑acre lot with fully fenced and partially fenced areas plus a gated entrance and on‑site security features
