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Flex Space with Service Bays
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6622 Alma Highway, Van Buren, AR 72956

Industrial facility combining repair bays, showroom space, offices, storage, and locker-room amenities.

Property Size16,000 SF
Lot Size5.52 Acres
Price / SF$0.63
Days on Market62

Property Features for 6622 Alma Highway

General Information

Standard status Active
Size 16,000 SF
Lot size 5.52 Acres

Additional Details

Drive-In Doors 12

Building Details

Building Size 16,000 SF
Listing Agency: Jimmy Bell Real Estate
Listed By: Mason Shirey · License #AB00071498
Source: Assurancerealtyfsm
Added: Aug 17 Changed: Oct 15 Last Checked: Oct 16 at 8:40AM

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 Jimmy Bell Real Estate

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Investment Insights

Based on property information with market context.

Located at 6622 Alma Highway in Van Buren, this 16,000-square-foot flex property occupies approximately 5.52 acres and is configured for service-oriented commercial use. The building includes six drive-through bays with 12 doors, 16-foot electronic roll-up doors, and 20-foot sidewalls.

Interior improvements include a substantial showroom with a service counter, a private office, two restrooms, a parts room with shelving, and a mezzanine positioned above the showroom for additional storage. The layout brings customer-facing, administrative, repair, and storage functions together within one facility.

Key Highlights

  • 16,000‑square‑foot building on 5.52+/- acres
  • Six drive‑through bays with 12 doors
  • 16' electronic roll‑up doors and 20' sidewalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$93,542
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,870,840 $1.9M
Cap Rate 7%
$1,336,314 $1.3M
Cap Rate 9%
$1,039,356 $1.0M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$144.0K $9.00/SF
− Vacancy
−$10.4K −$0.65/SF
EGI
$133.6K $8.35/SF
− OpEx
−$40.1K −$2.51/SF
NOI
$93.5K $5.85/SF
Area
Crawford County, AR
Vacancy
7.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,870,840
Cap Rate 7%
$1,336,314
Cap Rate 9%
$1,039,356

Alternative Uses

Best Use
Retail
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,083 @ 7.0% cap · market cap 1,380.83%
Second Best
Warehouse
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,670 @ 7.0% cap · market cap 1,096.70%
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M (±1% cap)
NOI $214,733 @ 7.0% cap · market cap 2,147.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Xtreme Diesel LLC Auto Repair Shop

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Plumbing Service Pharmacy Garden Center Grocery & Convenience Store

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

12
Drive-in doors

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72956, AR

33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Industrial facility combining repair bays, showroom space, offices, storage, and locker-room amenities.
Where is this flex space located?
The property is located at 6622 Alma Highway Van Buren, AR.
What are key features of this property?
This property features: 16,000‑square‑foot building on 5.52+/- acres; Six drive‑through bays with 12 doors; 16' electronic roll‑up doors and 20' sidewalls
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