Warehouse
For Sale
$350,000
710 Main, Vilonia, AR 72173
Warehouse property constructed in 2000 in Vilonia, Arkansas.
Property Size2,400 SF
Price / SF$145.83
Days on Market13
Property Features for 710 Main
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Land
Additional Details
Land Use
commercial
Building Details
Year Built
2000
Listing Agency:
On Point Realty Group LLC
(501) 444-2055
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 30 at 4:31PM
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 On Point Realty Group LLC
Investment Insights
Based on property information with market context.
This warehouse property is located at 710 Main in Vilonia, Arkansas. The building was constructed in 2000 and is identified as a warehouse asset. The property is offered for sale.
Key Highlights
- Warehouse asset at 710 Main, Vilonia, AR 72173
- Constructed in 2000
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
$10,967
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
3.13%
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%
$219,340
$219.3K
Cap Rate 7%
$156,671
$156.7K
Cap Rate 9%
$121,856
$121.9K
Market Conditions
NOI Build-Up for 2,400 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
$14.4K $6.00/SF
− Vacancy
−$1.5K −$0.62/SF
EGI
$12.9K $5.38/SF
− OpEx
−$1.9K −$0.81/SF
NOI
$11.0K $4.57/SF
Area
Faulkner 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%
$219,340
Cap Rate 7%
$156,671
Cap Rate 9%
$121,856
Alternative Uses
Best Use
Warehouse
$156.7K
$137.1K – $182.8K
NOI $10,967 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.4K
$479.0K – $638.7K
NOI $38,319 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72173, AR
9,888
Population
4,090
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
94%
High-School Grad
94.9 sq mi
ZIP Area
104
Density / Sq Mi
$75,819
Median Household Income
$47,044
Median Earnings
$769
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Vilonia Boat and RV Storage — 853 Main St, Vilonia, AR 72173
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property constructed in 2000 in Vilonia, Arkansas.
Where is this warehouse located?
The property is located at 710 Main Vilonia, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Warehouse asset at 710 Main, Vilonia, AR 72173; Constructed in 2000
