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Heated and Cooled Flex Space
For Sale
$269,500

403 Vine ST, Van Buren, AR 72956

Commercial, Van Buren, AR

Property Size3,200 SF
Lot Size0.17 Acres
Price / SF$84.22
Days on Market95

Property Features for 403 Vine ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions THREE BLOCKS FROM VAN BUREN BRIDGE, BROADWAY, TURN ON HWY 59, EAST, THEN TURN ON VINE STREET ACROSS FROM CURRENT CHURCH. 403 VINE
Standard status Active
APN 700-00676-000
Size 3,200 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description Block 64
Tax Annual Amount 1271
Legal Description Block 64

Utilities

Heating system Natural Gas, Central
Cooling system Electric, Central Air

Building Details

Year built 2002
Flooring type Concrete
Roof type Metal
Listing Agency: Sagely & Edwards Realtors
Listed By: Jeff Beauchamp
Added: Jul 9 Changed: Sep 12 Last Checked: Oct 11 at 1:06PM
MLS# 1090362

Copyright © 2026 Western River Valley Board of REALTORS®. 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 3,200-square-foot flex space is an all-metal commercial building constructed in 2002, with complete heating and cooling, concrete flooring, and a metal roof. The interior includes 16-foot sidewalls, two bathrooms, two washer and dryer hookups, and an enclosed storage room with additional upstairs storage. A glass-front entrance provides access from the concrete approach, while a rear overhead door measures 12 feet wide by 10 feet tall.

The property is located on Vine Street in Van Buren, with frontage visibility to Hwy 59 and access to downtown, I-540, and the Arkansas River Port. Fort Smith and I-40 are accessible via I-540. The parcel contains 0.17 acres and carries Commercial zoning.

Key Highlights

  • 3,200‑square‑foot heated and cooled commercial building
  • 16‑foot sidewalls with all‑metal construction and a metal roof
  • Rear overhead door is 12 feet wide and 10 feet tall

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,901
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,020 $398.0K
Cap Rate 7%
$284,300 $284.3K
Cap Rate 9%
$221,122 $221.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$32.6K $10.20/SF
− Vacancy
−$2.0K −$0.63/SF
EGI
$30.6K $9.57/SF
− OpEx
−$10.7K −$3.35/SF
NOI
$19.9K $6.22/SF
Area
Crawford County, AR
Vacancy
6.20%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,020
Cap Rate 7%
$284,300
Cap Rate 9%
$221,122

Alternative Uses

Best Use
Flex RnD
$284.3K
$248.8K – $331.7K (±1% cap)
NOI $19,901 @ 7.0% cap · market cap 7.38%
Second Best
Industrial
$267.3K
$233.9K – $311.8K (±1% cap)
NOI $18,708 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$613.5K
$536.8K – $715.8K (±1% cap)
NOI $42,947 @ 7.0% cap · market cap 15.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Recovercare LLC Medical Supply Store

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher

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

16 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72956, AR

33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with an overhead door, enclosed storage, and a concrete approach.
Where is this flex space located?
The property is located at 403 Vine ST Van Buren, AR.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: 3,200‑square‑foot heated and cooled commercial building; 16‑foot sidewalls with all‑metal construction and a metal roof; Rear overhead door is 12 feet wide and 10 feet tall
More about this property
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