Flex Space with Shop and
For Sale
$1,500,000
3592 S Hwy 367, Searcy, AR 72143
Commercial / Industrial, Searcy, AR
Property Size10,560 SF
Lot Size5.16 Acres
Price / SF$142.05
Days on Market98
Property Features for 3592 S Hwy 367
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Security features
Security System
Interior features
220 Volt Power, Public Restrooms, Smoke Detector, Handicapped Design, Kitchen Area, Video Surveillance, Programmable Thermostat, Security System
Exterior features
Overhead Doors
Accessibility
Accessible Approach with Ramp
Lot features
Level, Cleared, Major Road Frontage
Directions
Travel south on Main St, cross over I-57 (formerly Hwy US-67), property will be located on the right.
Subdivision
SEARCY
Standard status
Active
APN
016-00437-101 #016-00437-102
Size
10,560 SF
Lot size
5.16 Acres
Taxes and HOA fees
Tax Description
S-T-R: 27-07-07
Tax Annual Amount
6153
Legal Description
S-T-R: 27-07-07
Building Details
Year built
2009
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga · License #AR PB00076250
(501) 515-2658
Added: Jun 30
Changed: Oct 5
Last Checked: Oct 5 at 3:06PM
MLS# 26026423
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 10,560-square-foot flex property includes an 8,228-square-foot shop and warehouse area with infrared heat, ventilation, reinforced flooring, and 14ft and 16ft overhead doors. The 2,332-square-foot office area is heated and cooled, with private offices, reception and waiting areas, a kitchen, and three bathrooms. Concrete flooring and 220-volt power are also present.
The property occupies 5.16 acres, with additional land available for outdoor storage, fleet parking, or expansion. Searcy Regional Airport is one mile away.
The property occupies 5.16 acres, with additional land available for outdoor storage, fleet parking, or expansion. Searcy Regional Airport is one mile away.
Key Highlights
- 10,560 square feet on 5.16 acres
- 8,228‑square‑foot shop and warehouse area; 2,332‑square‑foot office area
- 14ft & 16ft overhead doors and reinforced flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,817
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,340
$1.8M
Cap Rate 7%
$1,283,100
$1.3M
Cap Rate 9%
$997,967
$998.0K
Market Conditions
NOI Build-Up for 10,560 SF
Gross rent
$148.3K $14.04/SF
− Vacancy
−$10.1K −$0.95/SF
EGI
$138.2K $13.09/SF
− OpEx
−$48.4K −$4.58/SF
NOI
$89.8K $8.51/SF
Area
White County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,340
Cap Rate 7%
$1,283,100
Cap Rate 9%
$997,967
Alternative Uses
Best Use
Flex RnD
$1.28M
$1.12M – $1.50M
NOI $89,817 @ 7.0% cap · market cap 5.99%
Second Best
Warehouse
$689.4K
$603.2K – $804.3K
NOI $48,255 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,185 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - A 5.16-acre property pairs industrial shop capacity with customer-facing office space and supporting amenities.
Where is this flex space located?
The property is located at 3592 S Hwy 367 Searcy, AR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,560 square feet on 5.16 acres; 8,228‑square‑foot shop and warehouse area; 2,332‑square‑foot office area; 14ft & 16ft overhead doors and reinforced flooring
