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Fenced Auto Shop
For Sale
$142,000

6019 OLD HIGHWAY 67, Cabot, AR 72023

Commercial / Industrial, Cabot, AR

Property Size2,520 SF
Lot Size0.44 Acres
Price / SF$56.35
Days on Market218

Property Features for 6019 OLD HIGHWAY 67

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Exterior features Fully Fenced
Fencing Full
Directions North on old 67 and property is on your left shortly past peters road
Subdivision JACKSONVILLE
Standard status Active
Size 2,520 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Description M/B
Tax Annual Amount 390
Legal Description M/B

Building Details

Year built 1975
Floors in Building 1
Flooring type Concrete
Listing Agency: Bias 4 U Realty
Listed By: Jaime Spears Bias
Added: Mar 1 Changed: Oct 5 Last Checked: Oct 5 at 9:06AM
MLS# 26007779

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.

The 2,520-square-foot building dates to 1975 and has concrete flooring. The 0.44-acre parcel is fully fenced, and the property is offered in as-is condition. Commercial zoning is in place, and the site sits outside city limits.

The property is located between Jacksonville and Cabot, with freeway access and shopping and town amenities described as nearby. An additional adjoining lot is available separately for buyers seeking more land.

Key Highlights

  • 2,520‑square‑foot building constructed in 1975
  • 0.44‑acre parcel with full fencing
  • Concrete flooring

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
$9,270
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
6.53%
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%
$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 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
$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 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%
$185,400
Cap Rate 7%
$132,429
Cap Rate 9%
$103,000

Alternative Uses

Best Use
Retail
$358.2K
$313.4K – $417.9K (±1% cap)
NOI $25,071 @ 7.0% cap · market cap 17.66%
Second Best
Industrial
$132.4K
$115.9K – $154.5K (±1% cap)
NOI $9,270 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$513.1K
$449.0K – $598.6K (±1% cap)
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

Auto shops

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom Restaurant Law Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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  • Kirk's service and tire — 6350 T P White Dr, Cabot, AR 72023
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Frequently Asked Questions

What type of property is this?
Auto shop - Commercial zoning and a fully enclosed site complement the existing automotive-service building.
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 building constructed in 1975; 0.44‑acre parcel with full fencing; Concrete flooring
More about this property
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