Industrial Flex
For Sale
$749,000
608 E Booth, Searcy, AR 72143
Commercial / Industrial, Searcy, AR
Property Size12,000 SF
Lot Size1.50 Acres
Price / SF$62.42
Days on Market230
Property Features for 608 E Booth
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
14-7-7 Searcy Outlots
Lot features
Level
Directions
Corner of Booth Rd & Higginson st
Standard status
Active
APN
016-10692-000
Size
12,000 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S 315.03' W 208.7' OF SEC N O
Tax Annual Amount
2555
Legal Description
S 315.03' W 208.7' OF SEC N O
Building Details
Year built
1976
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Jose Colunga · License #AR PB00076250
(501) 515-2658
Added: Feb 17
Changed: Aug 19
Last Checked: Oct 5 at 3:06AM
MLS# 26006116
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 flex-space property includes a 12,000-square-foot industrial building on 1.5 acres. Built in 1976, the facility has concrete flooring and a metal roof, providing a functional base for commercial operations. The property is positioned for logistics, light manufacturing, or distribution uses supported by the existing industrial configuration.
Located at 608 E Booth Road in Searcy, the site is less than 2 miles from the I-57 on-ramp. Interstate 57, formerly US-67, connects the area with Little Rock and St. Louis. The corridor is reported to carry 35,000 to 41,000 vehicles per day, providing substantial exposure for an industrial or flex-space user.
Located at 608 E Booth Road in Searcy, the site is less than 2 miles from the I-57 on-ramp. Interstate 57, formerly US-67, connects the area with Little Rock and St. Louis. The corridor is reported to carry 35,000 to 41,000 vehicles per day, providing substantial exposure for an industrial or flex-space user.
Key Highlights
- 12,000‑square‑foot industrial/flex building
- 1.5‑acre property at 608 E Booth Road, Searcy, AR 72143
- Less than 2 miles to the I‑57 on‑ramp
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
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Current Use
Lease Details
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Versatile commercial building with concrete flooring, metal roofing, and access to a major interstate corridor.
Where is this flex space located?
The property is located at 608 E Booth 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‑square‑foot industrial/flex building; 1.5‑acre property at 608 E Booth Road, Searcy, AR 72143; Less than 2 miles to the I‑57 on‑ramp
