Building Details

Year built 1999

Flooring type Concrete

Roof type Metal

Architectural style Other

Listing Agency: Baxley-Penfield-Moudy Realtors t***@bpmrealtors.com Show Phone

Listed By: Lance Penfield · License #EB00032857 Show Phone

Added: Jun 7, 2023 Changed: Oct 5 Last Checked: Oct 12 at 7:06AM

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MLS# 23017290

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 property comprises 43 acres with 49,500 square feet of warehouse space. The improvements were constructed in 1999 and feature concrete flooring with metal roofing, providing a substantial industrial building component on an expansive site.

Located at 3200 S Reynolds Road in Bauxite, the property sits within Saline County’s industrial area. Access to I-30 is noted as quick, connecting the site with the regional highway network.

The combination of large-scale warehouse space, established construction, and extensive acreage creates a clearly defined industrial property with both building and land components.

Key Highlights

• 43‑acre industrial property in Saline County
• 49,500 square feet of warehouse space
• Warehouse improvements constructed in 1999

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$270,586

Cap Rate

7.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,411,720 $5.4M

Cap Rate 7%

$3,865,514 $3.9M

Cap Rate 9%

$3,006,511 $3.0M

Market Conditions

NOI Build-Up for 49,500 SF

Gross rent

$344.5K $6.96/SF

− Vacancy

−$26.2K −$0.53/SF

EGI

$318.3K $6.43/SF

− OpEx

−$47.8K −$0.96/SF

NOI

$270.6K $5.47/SF

Area

Saline County, AR

Vacancy

7.60%

Lease Rate

$6.96 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,411,720

Cap Rate 7%

$3,865,514

Cap Rate 9%

$3,006,511

Alternative Uses

Best Use

Warehouse

$3.87M

$3.38M – $4.51M (±1% cap)

NOI $270,586 @ 7.0% cap · market cap 7.73%

Second Best

Industrial

$3.05M

$2.67M – $3.56M (±1% cap)

NOI $213,642 @ 7.0% cap · market cap 6.10%

Theoretical Best

Office A

$10.80M

$9.45M – $12.60M (±1% cap)

NOI $756,152 @ 7.0% cap · market cap 21.60%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Storage Facility Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 72011, AR

4,671

Population

1,782

Households

2.6

Avg Household Size

38

Median Age

17%

College-Educated

94%

High-School Grad

58.5 sq mi

ZIP Area

80

Density / Sq Mi

$88,636

Median Household Income

$57,470

Median Earnings

$904

Median Rent

$185,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Bauxite Storage Center — 3050 S Reynolds Rd, Bauxite, AR 72011

Frequently Asked Questions

What type of property is this?

Warehouse - Concrete flooring and metal roofing define the existing warehouse improvements.

Where is this warehouse located?

The property is located at 3200 S Reynolds Road Bauxite, AR.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: 43‑acre industrial property in Saline County; 49,500 square feet of warehouse space; Warehouse improvements constructed in 1999