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New Construction Triplex
New
For Sale
$615,000

410 412 414 England St, Lonoke, AR 72086

Three residential units offer garage access, flexible bonus-room space, and two-and-a-half-bath layouts.

Property Size4,416 SF
Price / SF$139.27
Days on Market5

Property Features for 410 412 414 England St

General Information

Standard status Active
Size 4,416 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2.5BA, 1 x 2BR/2.5BA
Multifamily Units 3

Building Details

Year Built 2026
Buildings 1
Construction brick/stone
Listing Agency: Fathom Realty Central
Listed By: Miekka Maile
Source: Pcsingtolittlerock
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 12:47PM

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 Fathom Realty Central

Investment Insights

Based on property information with market context.

This 4416-square-foot triplex is scheduled as new construction for 2026 and features an all-brick-and-stone exterior. The two end residences each provide three bedrooms and two-and-a-half bathrooms. The center residence includes two bedrooms, two-and-a-half bathrooms, and an additional office, playroom, or bonus room. Each layout places the primary bedroom upstairs with a private bathroom and walk-in closet, while the remaining bedrooms share a hall bathroom. Downstairs living areas include a half bathroom, and laundry is located in the upper-level hall. One-car garage access connects directly to the living area, and luxury vinyl flooring runs throughout the building.

The property is located at 410, 412, and 414 England St in Lonoke, Arkansas. Additional multifamily new construction buildings are located on the same block. Estimated completion is the end of July.

Key Highlights

  • 4416 SF triplex at 410, 412, and 414 England St
  • New construction scheduled for 2026
  • Two end units with 3 bedrooms and 2 1/2 bathrooms each

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
$40,308
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
6.55%
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%
$806,160 $806.2K
Cap Rate 7%
$575,829 $575.8K
Cap Rate 9%
$447,867 $447.9K
Market Conditions
NOI Build-Up for 4,416 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
$60.9K $13.80/SF
− Vacancy
−$3.4K −$0.76/SF
EGI
$57.6K $13.04/SF
− OpEx
−$17.3K −$3.91/SF
NOI
$40.3K $9.13/SF
Area
Lonoke County, AR
Vacancy
5.51%
Lease Rate
$13.80 /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%
$806,160
Cap Rate 7%
$575,829
Cap Rate 9%
$447,867

Alternative Uses

Best Use
Multifamily LT 5
$575.8K
$503.9K – $671.8K (±1% cap)
NOI $40,308 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$509.9K
$446.2K – $594.9K (±1% cap)
NOI $35,692 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$899.1K
$786.7K – $1.05M (±1% cap)
NOI $62,939 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Electrical Service Real Estate Agency Plumbing Service Bakery Kitchen & Bath Showroom

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 72086, AR

10,673
Population
4,983
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
164.1 sq mi
ZIP Area
65
Density / Sq Mi
$59,450
Median Household Income
$41,176
Median Earnings
$945
Median Rent
$151,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer garage access, flexible bonus-room space, and two-and-a-half-bath layouts.
Where is this triplex located?
The property is located at 410 412 414 England St Lonoke, AR.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 4416 SF triplex at 410, 412, and 414 England St; New construction scheduled for 2026; Two end units with 3 bedrooms and 2 1/2 bathrooms each
More about this property
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