Warehouse on Commercial
For Sale
$1,600,000
40 Bradley Cove Road, Russellville, AR 72802
COMMERCIAL - Russellville, AR
Property Size12,000 SF
Lot Size4.57 Acres
Price / SF$133.33
Days on Market134
Property Features for 40 Bradley Cove Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Exterior features
Storage
Lot features
City Lot
Directions
From Exit 84 on I-40, or Main Street, or Parkway, head East on Bradley Cove Road. Property on Left just past Hob Nob Road - Directly across the street from Flying J.
Standard status
Active
APN
863-00120-002C
Size
12,000 SF
Lot size
4.57 Acres
Taxes and HOA fees
Tax Description
PT N 1/8 NW SE, 02-07-20
Tax Annual Amount
1909
Legal Description
PT N 1/8 NW SE, 02-07-20
Utilities
Water source
Public
Building Details
Year built
1987
Building materials
MetalSiding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Patriot Company Real Estate
(479) 439-1933
Listed By:
Robert Weibler · License #PB00064609
(479) 970-5645
Added: Apr 13
Changed: Aug 19
Last Checked: Aug 24 at 11:06AM
MLS# 1343027
Copyright © 2026 ArkansasONE MLS. 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 industrial property combines a 12,000-square-foot warehouse with 4.57 acres of commercial land. Built in 1987, the building features metal siding, a metal roof, and storage space, with public water serving the property.
The site is positioned on the east side of Russellville near truck stops, I-40, and the city’s commercial corridor. Its combination of warehouse improvements and substantial acreage provides a physical base for industrial or storage-oriented operations, subject to applicable approvals and site requirements.
The site is positioned on the east side of Russellville near truck stops, I-40, and the city’s commercial corridor. Its combination of warehouse improvements and substantial acreage provides a physical base for industrial or storage-oriented operations, subject to applicable approvals and site requirements.
Key Highlights
- 12,000‑square‑foot warehouse on 4.57 acres
- Metal‑sided construction with a metal roof
- Storage space included with the warehouse
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
$54,835
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
3.43%
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%
$1,096,700
$1.1M
Cap Rate 7%
$783,357
$783.4K
Cap Rate 9%
$609,278
$609.3K
Market Conditions
NOI Build-Up for 12,000 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
$72.0K $6.00/SF
− Vacancy
−$7.5K −$0.62/SF
EGI
$64.5K $5.38/SF
− OpEx
−$9.7K −$0.81/SF
NOI
$54.8K $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%
$1,096,700
Cap Rate 7%
$783,357
Cap Rate 9%
$609,278
Alternative Uses
Best Use
Warehouse
$783.4K
$685.4K – $913.9K
NOI $54,835 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$665.3K
$582.1K – $776.2K
NOI $46,570 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,208 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
208
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
- 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 - Metal-sided warehouse with storage space and public water service near Russellville’s commercial corridor.
Where is this warehouse located?
The property is located at 40 Bradley Cove Road Russellville, AR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 12,000‑square‑foot warehouse on 4.57 acres; Metal‑sided construction with a metal roof; Storage space included with the warehouse
