Brick Flex Building with Drive-In
65 W Main St Farmington, AR 72730
New
For Sale
$845,000
Brick flex building with four leasable units, central/electric HVAC, and 24 parking spaces on a corner lot.
Property Size3,979 SF
Lot Size0.46 Acres
Price / SF$212.36
Days on Market5
Property Features for 65 W Main St
General Information
- Standard status
- Active
- Size
- 3,979 SF
- Lot size
- 0.46 Acres
Listing Agency:
Limbird Real Estate Group
(855) 755-7653
Listed By:
The Limbird Team
(855) 755-7653
Source:
Exprealty
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 25 at 12:28PM
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 Limbird Real Estate Group
Investment Insights
Based on property information with market context.
A brick flex building offering four leasable units, including retail bays and shop space, on a 0.46-acre corner lot. The property features 12' ceilings, central/electric HVAC, and two drive-in doors to support flexible operations within its approximately 3,979 SF building footprint.
Located at 65 W Main St in Farmington’s Central Business District, the building provides prominent visibility along a major thoroughfare with 35,000+ vehicles daily and sits between Farmington and Fayetteville. The site includes 24 parking spaces and is zoned commercial.
With a configuration designed to accommodate multiple tenants, the property has been reported to generate annual revenue up to $78,000.
Located at 65 W Main St in Farmington’s Central Business District, the building provides prominent visibility along a major thoroughfare with 35,000+ vehicles daily and sits between Farmington and Fayetteville. The site includes 24 parking spaces and is zoned commercial.
With a configuration designed to accommodate multiple tenants, the property has been reported to generate annual revenue up to $78,000.
Key Highlights
- 3,979 SF brick commercial flex building on a 0.46‑acre corner lot in Farmington’s central business district
- Four leasable units with retail bays and shop space
- Up to $78,000 in annual revenue reported
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.6k | $18.00 |
| − Vacancy | −$4.7k | −$1.19 |
| EGI | $66.9k | $16.81 |
| − OpEx | −$20.1k | −$5.04 |
| NOI | $46.8k | $11.77 |
3,979 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$668.9K
$585.3K – $780.4K
NOI $46,826 @ 7.0% cap · market cap 5.54%
Second Best
Warehouse
$348.1K
$304.6K – $406.1K
NOI $24,364 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.07M
$934.5K – $1.25M
NOI $74,762 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Brick flex building with four leasable units, central/electric HVAC, and 24 parking spaces on a corner lot.
Where is this flex space located?
The property is located at 65 W Main St Farmington, AR.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 3,979 SF brick commercial flex building on a 0.46‑acre corner lot in Farmington’s central business district; Four leasable units with retail bays and shop space; Up to $78,000 in annual revenue reported
