Flex Space with Fenced
New
For Sale
$120,000
510 Aplin Avenue, Perryville, AR 72126
Commercial / Industrial, Perryville, AR
Property Size2,400 SF
Lot Size0.19 Acres
Price / SF$50
Days on Market2
Property Features for 510 Aplin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
6
Exterior features
Fully Fenced, Guttering
Fencing
Full
Lot features
Level
Directions
From Little Rock, take Highway 10 W. Turn left onto Aplin Ave/Highway 60 W. Property on right past Perryville Church of Christ.
Subdivision
Perry County
Standard status
Active
APN
850-00159-001
Size
2,400 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
SE/4 BLK 19, Perryville Origin
Tax Annual Amount
798
Legal Description
SE/4 BLK 19, Perryville Origin
Building Details
Year built
1969
Floors in Building
1
Listing Agency:
CMR Real Estate, LLC
(501) 242-0321
Listed By:
Casey Rucker
(501) 539-3916
Added: Oct 12
Last Checked: Oct 13 at 4:06AM
MLS# 26041345
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 2,400-square-foot flex property combines a front office and retail area with warehouse space. A separate bay door connects the warehouse to the fenced portion of the lot, which can accommodate outdoor storage or vehicles. The building also has guttering and was constructed in 1969.
Set at 510 Aplin Avenue in Perryville, the property is near downtown and just off Aplin Avenue/Highway 60 West. The 0.19-acre lot includes a fully fenced area east of the warehouse.
Set at 510 Aplin Avenue in Perryville, the property is near downtown and just off Aplin Avenue/Highway 60 West. The 0.19-acre lot includes a fully fenced area east of the warehouse.
Key Highlights
- 2,400‑square‑foot flex property with office, retail, and warehouse areas
- 0.19‑acre lot with a fully fenced area east of the warehouse
- Separate bay door provides access between the warehouse and fenced area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,720
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,400
$214.4K
Cap Rate 7%
$153,143
$153.1K
Cap Rate 9%
$119,111
$119.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$13.2K $5.52/SF
− Vacancy
−$636 −$0.26/SF
EGI
$12.6K $5.26/SF
− OpEx
−$1.9K −$0.79/SF
NOI
$10.7K $4.47/SF
Area
Perry County, AR
Vacancy
4.80%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,400
Cap Rate 7%
$153,143
Cap Rate 9%
$119,111
Alternative Uses
Best Use
Retail
$341.1K
$298.5K – $398.0K
NOI $23,878 @ 7.0% cap · market cap 19.90%
Second Best
Warehouse
$153.1K
$134.0K – $178.7K
NOI $10,720 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$488.7K
$427.6K – $570.1K
NOI $34,206 @ 7.0% cap · market cap 28.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72126, AR
3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
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 front office and retail area adjoin warehouse space, with a separate bay door opening to the enclosed outdoor area.
Where is this flex space located?
The property is located at 510 Aplin Avenue Perryville, AR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 2,400‑square‑foot flex property with office, retail, and warehouse areas; 0.19‑acre lot with a fully fenced area east of the warehouse; Separate bay door provides access between the warehouse and fenced area
