Automotive
For Sale
$135,000
5412-5414 Dollarway Road, Pine Bluff, AR 71602
Commercial / Industrial, Pine Bluff, AR
Property Size861 SF
Lot Size0.90 Acres
Price / SF$156.79
Days on Market427
Property Features for 5412-5414 Dollarway Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Directions
From 530 take the Sheridan Road exit and turn right toward Dollarway Road and the lot will be on the right.
Subdivision
PINE BLUFF (DOLLARWAY)
Standard status
Active
Size
861 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Description
Par970-12295-000 930-12681-000
Tax Annual Amount
1026
Legal Description
Par970-12295-000 930-12681-000
Building Details
Floors in Building
1
Listing Agency:
Lisa Attwood Realty
Listed By:
Lisa Attwood
(870) 329-4350
Added: Jul 8, 2025
Changed: Sep 7
Last Checked: Sep 7 at 2:06PM
MLS# 25026712
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 automotive property consists of a former used car lot with 861 square feet of improvements across 0.9 acres. The site is located at 5412-5414 Dollarway Road in Pine Bluff, Arkansas.
The property sits between White Hall and Pine Bluff, providing a position along Dollarway Road for an automotive-oriented operation or other commercial use identified in the listing information.
The property sits between White Hall and Pine Bluff, providing a position along Dollarway Road for an automotive-oriented operation or other commercial use identified in the listing information.
Key Highlights
- Former used car lot
- 0.9‑acre property
- 861 square feet of improvements
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
$11,603
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
8.59%
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%
$232,060
$232.1K
Cap Rate 7%
$165,757
$165.8K
Cap Rate 9%
$128,922
$128.9K
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
$17.5K $20.28/SF
− Vacancy
−$2.0K −$2.31/SF
EGI
$15.5K $17.97/SF
− OpEx
−$3.9K −$4.49/SF
NOI
$11.6K $13.48/SF
Area
Jefferson County, AR
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
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%
$232,060
Cap Rate 7%
$165,757
Cap Rate 9%
$128,922
Alternative Uses
Best Use
Office B
$165.8K
$145.0K – $193.4K
NOI $11,603 @ 7.0% cap · market cap 8.59%
Second Best
Retail
$120.6K
$105.6K – $140.7K
NOI $8,444 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$220.7K
$193.2K – $257.5K
NOI $15,452 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Automotive property - Former used car lot with an on-site structure and additional land area.
Where is this automotive property located?
The property is located at 5412-5414 Dollarway Road 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; 0.9‑acre property; 861 square feet of improvements
