New Warehouse with Dock High
For Sale
Contact for pricing
340 N Shamrock Blvd, Russellville, AR 72802
Newly constructed, ADA-sprinkled warehouse with two 16-by-16 roll-up doors and at-grade plus dock-high loading.
Property Size34,765 SF
Price / SF$145
Days on Market479
Property Features for 340 N Shamrock Blvd
General Information
Standard status
Active
Size
34,765 SF
Property subtype
INDUSTRIAL
Financials
Business Included
No
Opportunity Zone
Yes
Site & Location
Traffic Count
70,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Sprinkler System
Yes
Listing Agency:
Kelley Commercial Partners - Springdale
(501) 951-6300
Listed By:
Jackson Moore · License #SA00081924
(501) 951-6300
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Aug 11
Last Checked: Aug 11 at 8:49AM
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 Kelley Commercial Partners - Springdale
Investment Insights
Based on property information with market context.
Newly constructed warehouse in excellent condition offering 2 roll-up doors (each 16 x 16), a shop area that is both sprinkled and heated, and loading options at grade and dock high. The building is 100% ADA sprinkled and includes remote HVAC control capability, along with five 10 ft Skyblade fans.
The property includes major highway frontage on I-40 with 70,000 VPD. A gated outdoor storage area is also on site, and additional land is available for purchase. The site is located in an Opportunity Zone, and full construction working plans are available upon request.
With at-grade and dock-high loading, sprinkled improvements throughout, and gated outdoor storage, the facility is positioned for a range of warehousing and activity-based use scenarios where modern controls and loading flexibility matter.
The property includes major highway frontage on I-40 with 70,000 VPD. A gated outdoor storage area is also on site, and additional land is available for purchase. The site is located in an Opportunity Zone, and full construction working plans are available upon request.
With at-grade and dock-high loading, sprinkled improvements throughout, and gated outdoor storage, the facility is positioned for a range of warehousing and activity-based use scenarios where modern controls and loading flexibility matter.
Key Highlights
- Newly constructed warehouse in excellent condition
- Major frontage on I‑40 with 70,000 VPD
- 5.2 acres of additional land available for purchase
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
$158,862
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
3.15%
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%
$3,177,240
$3.2M
Cap Rate 7%
$2,269,457
$2.3M
Cap Rate 9%
$1,765,133
$1.8M
Market Conditions
NOI Build-Up for 34,765 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
$208.6K $6.00/SF
− Vacancy
−$21.7K −$0.62/SF
EGI
$186.9K $5.38/SF
− OpEx
−$28.0K −$0.81/SF
NOI
$158.9K $4.57/SF
Area
Pope County, AR
Vacancy
10.40%
Lease Rate
$6.00 /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%
$3,177,240
Cap Rate 7%
$2,269,457
Cap Rate 9%
$1,765,133
Alternative Uses
Best Use
Warehouse
$2.27M
$1.99M – $2.65M
NOI $158,862 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.55M
$4.86M – $6.48M
NOI $388,812 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
70,000 VPD
Traffic count
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72802, AR
22,752
Population
9,687
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
137.7 sq mi
ZIP Area
165
Density / Sq Mi
$61,664
Median Household Income
$37,206
Median Earnings
$887
Median Rent
$196,100
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.
Similar Off Market Nearby
- HWY 64 Self Storage — 3845 E Main St, Russellville, AR 72802
- Self-Storage at U-Haul — 2821 E Main St, Russellville, AR 72802
- Scotty's Storage Trailer Rentals, Inc. — 2720 Bernard Way, Russellville, AR 72802
Frequently Asked Questions
What type of property is this?
Warehouse - Newly constructed, ADA-sprinkled warehouse with two 16-by-16 roll-up doors and at-grade plus dock-high loading.
Where is this warehouse located?
The property is located at 340 N Shamrock Blvd Russellville, AR.
What is the asking price?
The asking price for this property is $5,041,000.
What are key features of this property?
This property features: Newly constructed warehouse in excellent condition; Major frontage on I‑40 with 70,000 VPD; 5.2 acres of additional land available for purchase
