Industrial Flex Building with
For Sale
$749,000
608 E Booth Rd, Searcy, AR 72143
12,000 SF flex industrial building near an I-57 on-ramp with stated high-volume traffic exposure.
Property Size12,000 SF
Price / SF$62.42
Days on Market200
Property Features for 608 E Booth Rd
General Information
Standard status
Active
Size
12,000 SF
Site & Location
Traffic Count
41,000 vehicles/day
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,555
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga · License #AR PB00076250
(501) 515-2658
Source:
Exprealty
Added: Feb 17
Changed: Sep 2
Last Checked: Sep 4 at 10:33AM
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 Dalrymple
Investment Insights
Based on property information with market context.
This 12,000 SF industrial/flex building at 608 E Booth Rd in Searcy, AR is offered for sale as a versatile option for logistics, light manufacturing, or regional distribution. The property is described as premium flex-space and positioned to support day-to-day operational efficiency.
The location is presented as well-connected for transport and distribution, with access stated as less than 2 miles to the I-57 on-ramp. The remarks also note high traffic volumes on I-57, cited at an average of 35,000 to 41,000 vehicles per day, which may support strong visibility for business activity and branding.
The location is presented as well-connected for transport and distribution, with access stated as less than 2 miles to the I-57 on-ramp. The remarks also note high traffic volumes on I-57, cited at an average of 35,000 to 41,000 vehicles per day, which may support strong visibility for business activity and branding.
Key Highlights
- 12,000 SF industrial/flex building on E Booth Road
- Stated less than 2 miles to the I‑57 on‑ramp
- Access to Interstate 57, with a stated average 35,000–41,000 VPD
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
$54,835
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
7.32%
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%
$1,096,700
$1.1M
Cap Rate 7%
$783,357
$783.4K
Cap Rate 9%
$609,278
$609.3K
Market Conditions
NOI Build-Up for 12,000 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
$72.0K $6.00/SF
− Vacancy
−$7.5K −$0.62/SF
EGI
$64.5K $5.38/SF
− OpEx
−$9.7K −$0.81/SF
NOI
$54.8K $4.57/SF
Area
White County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
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%
$1,096,700
Cap Rate 7%
$783,357
Cap Rate 9%
$609,278
Alternative Uses
Best Use
Flex RnD
$1.46M
$1.28M – $1.70M
NOI $102,065 @ 7.0% cap · market cap 13.63%
Second Best
Warehouse
$783.4K
$685.4K – $913.9K
NOI $54,835 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,619 @ 7.0% cap · market cap 20.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
41,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 12,000 SF flex industrial building near an I-57 on-ramp with stated high-volume traffic exposure.
Where is this flex space located?
The property is located at 608 E Booth Rd Searcy, AR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 12,000 SF industrial/flex building on E Booth Road; Stated less than 2 miles to the I‑57 on‑ramp; Access to Interstate 57, with a stated average 35,000–41,000 VPD
