Warehouse with Office
8 Anthony Ln, Conway, AR 72032
For Sale
$550,000
The property includes three offices, restrooms, and a kitchen, with an option to acquire inventory.
Property Size9,000 SF
Price / SF$61.11
Days on Market10
Property Features for 8 Anthony Ln
General Information
Standard status
Size
Additional Details
Business Included
Warehouse Space
Property Use
Taxes and HOA fees
Annual Taxes
Listing Agency:
ERA TEAM Real Estate
(501) 327-6731
Listed By:
Tina Wilson
(501) 269-1255
Source:
Exprealty
Added: Oct 28
Changed: Nov 4
Last Checked: Nov 6 at 2:03PM
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 ERA TEAM Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 9,000-square-foot warehouse measures 60 by 150 feet and includes three offices, restrooms, and a kitchen. The property is offered as land and building, with an alternative that includes inventory. Its stated industry context is mobile home supplies.
Key Highlights
- 9,000‑square‑foot warehouse measuring 60 x 150
- Includes 3 offices, restrooms, and a kitchen
- Purchase option includes the inventory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,126
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,520
$822.5K
Cap Rate 7%
$587,514
$587.5K
Cap Rate 9%
$456,956
$457.0K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$54.0K $6.00/SF
− Vacancy
−$5.6K −$0.62/SF
EGI
$48.4K $5.38/SF
− OpEx
−$7.3K −$0.81/SF
NOI
$41.1K $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 Rate 5%
$822,520
Cap Rate 7%
$587,514
Cap Rate 9%
$456,956
Alternative Uses
Best Use
Warehouse
$587.5K
$514.1K – $685.4K
NOI $41,126 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,696 @ 7.0% cap · market cap 26.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72032, AR
34,316
Population
14,255
Households
2.4
Avg Household Size
35
Median Age
27%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
300
Density / Sq Mi
$61,452
Median Household Income
$36,877
Median Earnings
$976
Median Rent
$183,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Faulkner County, AR
Properties on Market for Warehouses in Faulkner County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Larry's Storage — 346 US-64, Conway, AR 72032
- 64 East boat and RV storage — 340 US-64, Conway, AR 72032
- Red Barn Rentals — 375 hwy 64 east, conway, ar 72032
- Red Barn Storage Conway, AR — 375 US-64, Conway, AR 72032
Frequently Asked Questions
What type of property is this?
Warehouse - The property includes three offices, restrooms, and a kitchen, with an option to acquire inventory.
Where is this warehouse located?
The property is located at 8 Anthony Ln Conway, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 9,000‑square‑foot warehouse measuring 60 x 150; Includes 3 offices, restrooms, and a kitchen; Purchase option includes the inventory
