Commercially Zoned Auto
New
For Sale
$142,000
6019 OLD HIGHWAY 67, Cabot, AR 72023
The property is outside city limits and designated for commercial use.
Property Size2,520 SF
Price / SF$56.35
Days on Market3
Property Features for 6019 OLD HIGHWAY 67
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Commercial / Industrial
Additional Details
Highway Access
Yes
Listing Agency:
Bias 4 U Realty
Listed By:
Jaime Spears Bias
(501) 680-0128
Source:
Arprorealty
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 6:18AM
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 Bias 4 U Realty
Investment Insights
Based on property information with market context.
This 2,520-square-foot auto shop property at 6019 Old Highway 67 is sold as-is. It sits outside city limits and carries commercial zoning. An additional lot next door is also available, offering the option to acquire more land.
Key Highlights
- 2,520‑square‑foot auto shop property
- Commercial zoning outside city limits
- Additional lot next door is available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,270
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,400
$185.4K
Cap Rate 7%
$132,429
$132.4K
Cap Rate 9%
$103,000
$103.0K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$13.9K $5.52/SF
− Vacancy
−$668 −$0.26/SF
EGI
$13.2K $5.26/SF
− OpEx
−$4.0K −$1.58/SF
NOI
$9.3K $3.68/SF
Area
Lonoke County, AR
Vacancy
4.80%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,400
Cap Rate 7%
$132,429
Cap Rate 9%
$103,000
Alternative Uses
Best Use
Retail
$358.2K
$313.4K – $417.9K
NOI $25,071 @ 7.0% cap · market cap 17.66%
Second Best
Industrial
$132.4K
$115.9K – $154.5K
NOI $9,270 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$513.1K
$449.0K – $598.6K
NOI $35,916 @ 7.0% cap · market cap 25.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Alvand Truck & Trailer Service — 2613 Coffelt Rd Lot 40, Jacksonville, AR 72076
- Mechanic Central Arkansas — 2613 Coffelt Rd #162, Jacksonville, AR 72076
- Kirk's service and tire — 6350 T P White Dr, Cabot, AR 72023
- Ivy Hall Towing & Recovery — 6411 John Harden Dr, Cabot, AR 72023
Frequently Asked Questions
What type of property is this?
Auto shop - The property is outside city limits and designated for commercial use.
Where is this auto shop located?
The property is located at 6019 OLD HIGHWAY 67 Cabot, AR.
What is the asking price?
The asking price for this property is $142,000.
What are key features of this property?
This property features: 2,520‑square‑foot auto shop property; Commercial zoning outside city limits; Additional lot next door is available
