Light Industrial Auto
New
For Sale
$270,000
3501 Mabelvale Pike, Little Rock, AR 72204
Shop includes office, break room, bathroom, parking, and a secured fenced area.
Property Size6,098 SF
Lot Size0.84 Acres
Price / SF$44.28
Days on Market3
Property Features for 3501 Mabelvale Pike
General Information
Standard status
Active
Size
6,098 SF
Lot size
0.84 Acres
Property subtype
Land
Zoning
Class-S
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
office
break room
bathroom
secured enclosed area
Building Details
Year Built
1987
Abandoned
No
Listing Agency:
Porchlight Realty - Nlr
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 3:06PM
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 Porchlight Realty - Nlr
Investment Insights
Based on property information with market context.
This auto shop contains approximately 6,098 square feet on a 0.84-acre site at 3501 Mabelvale Pike in Little Rock. The facility includes an office, small break room, bathroom, and parking areas, along with an enclosed section secured by chain-link fencing and wiring for security purposes.
Class-S light Industrial zoning supports the property’s commercial shop configuration. Built in 1987, the building offers space for automotive operations, equipment storage, or related industrial uses. Its Mabelvale Pike location is identified as a high-traffic area.
Class-S light Industrial zoning supports the property’s commercial shop configuration. Built in 1987, the building offers space for automotive operations, equipment storage, or related industrial uses. Its Mabelvale Pike location is identified as a high-traffic area.
Key Highlights
- Approximately 6,098 SF auto shop on 0.84 acres
- Class‑S light Industrial zoning
- Office, small break room, and bathroom included
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
$22,919
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
8.49%
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%
$458,380
$458.4K
Cap Rate 7%
$327,414
$327.4K
Cap Rate 9%
$254,656
$254.7K
Market Conditions
NOI Build-Up for 6,098 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
$34.4K $5.64/SF
− Vacancy
−$1.7K −$0.27/SF
EGI
$32.7K $5.37/SF
− OpEx
−$9.8K −$1.61/SF
NOI
$22.9K $3.76/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
30.00%
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%
$458,380
Cap Rate 7%
$327,414
Cap Rate 9%
$254,656
Alternative Uses
Best Use
Retail
$976.8K
$854.7K – $1.14M
NOI $68,373 @ 7.0% cap · market cap 25.32%
Second Best
Flex RnD
$661.4K
$578.8K – $771.7K
NOI $46,301 @ 7.0% cap · market cap 17.15%
Theoretical Best
Office A
$1.11M
$969.3K – $1.29M
NOI $77,544 @ 7.0% cap · market cap 28.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72204, AR
31,564
Population
14,570
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
2,077
Density / Sq Mi
$39,088
Median Household Income
$29,733
Median Earnings
$1,016
Median Rent
$117,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
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- LMB auto repair — 4601 S University Ave ste 28, Little Rock, AR 72204
- Tisdale Garage — 3501 Mabelvale Pike, Little Rock, AR 72204
- Glen Daniels Transmission Inc — 3611 Mabelvale Pike, Little Rock, AR 72204
Frequently Asked Questions
What type of property is this?
Auto shop - Shop includes office, break room, bathroom, parking, and a secured fenced area.
Where is this auto shop located?
The property is located at 3501 Mabelvale Pike Little Rock, AR.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Approximately 6,098 SF auto shop on 0.84 acres; Class‑S light Industrial zoning; Office, small break room, and bathroom included
