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Automotive Property with Lot Use
For Sale
$135,000

5412-5414 Dollarway Rd, Pine Bluff, AR 71602

Former vehicle sales site positioned between White Hall and Pine Bluff along Dollarway Road.

Property Size861 SF
Price / SF$156.79
Days on Market38

Property Features for 5412-5414 Dollarway Rd

General Information

Standard status Active
Size 861 SF
Listing Agency: Lisa Attwood Realty
Listed By: Lisa Attwood
Source: Themoverealty
Added: Jul 27 Changed: Aug 29 Last Checked: Sep 1 at 10:47PM

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 Lisa Attwood Realty

Investment Insights

Based on property information with market context.

This automotive property previously operated as a used-car lot and offers a commercial site along Dollarway Road. The existing use provides a basis for continued vehicle sales activity, while the property has also been identified for possible office or salon concepts.

The address is 5412-5414 Dollarway Rd in Pine Bluff, Arkansas, situated between White Hall and Pine Bluff. The location is described as high-traffic and highly visible, with potential applications including a real estate office, tax office, or hair salon.

Key Highlights

  • Former used‑car‑lot property
  • 5412‑5414 Dollarway Rd, Pine Bluff, AR 71602
  • Located between White Hall and Pine Bluff

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
$8,444
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
6.25%
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%
$168,880 $168.9K
Cap Rate 7%
$120,629 $120.6K
Cap Rate 9%
$93,822 $93.8K
Market Conditions
NOI Build-Up for 861 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
$12.9K $15.00/SF
− Vacancy
−$852 −$0.99/SF
EGI
$12.1K $14.01/SF
− OpEx
−$3.6K −$4.20/SF
NOI
$8.4K $9.81/SF
Area
Jefferson County, AR
Vacancy
6.60%
Lease Rate
$15.00 /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%
$168,880
Cap Rate 7%
$120,629
Cap Rate 9%
$93,822

Alternative Uses

Best Use
Retail
$120.6K
$105.6K – $140.7K (±1% cap)
NOI $8,444 @ 7.0% cap · market cap 6.25%
Second Best
Industrial
$57.5K
$50.3K – $67.1K (±1% cap)
NOI $4,027 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$220.7K
$193.2K – $257.5K (±1% cap)
NOI $15,452 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Spa & Massage Center Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71602, AR

16,112
Population
7,489
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
131.0 sq mi
ZIP Area
123
Density / Sq Mi
$54,936
Median Household Income
$35,644
Median Earnings
$900
Median Rent
$135,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • U-Haul Neighborhood Dealer 4400 Dollarway Rd, Pine Bluff, AR 71603

Frequently Asked Questions

What type of property is this?
Automotive property - Former vehicle sales site positioned between White Hall and Pine Bluff along Dollarway Road.
Where is this automotive property located?
The property is located at 5412-5414 Dollarway Rd Pine Bluff, AR.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Former used‑car‑lot property; 5412‑5414 Dollarway Rd, Pine Bluff, AR 71602; Located between White Hall and Pine Bluff
More about this property
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