Two-Unit Office
810 E Pridemore Drive, Lincoln, AR 72744
For Sale
$215,000
CommercialSale, Lincoln, AR
Property Size1,200 SF
Lot Size0.96 Acres
Price / SF$179.17
Days on Market406
Property Features for 810 E Pridemore Drive
General Information
Property type
Property subtype
Zoning description
Parking features
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Team Ag Real Estate Inc
(479) 824-1030
Listed By:
Jima Jetton · License AR EB00080709
(479) 966-5402
Added: Oct 3, 2025
Changed: Nov 10
Last Checked: Nov 12 at 6:06AM
MLS# 1324204
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1200-square-foot office property is arranged as two distinct units, each with its own entrance, while the layout also allows the spaces to function together. The 1993 building has vinyl siding, carpet and tile flooring, natural gas heating, central air, electric cooling, public water, and an asphalt shingle roof. A dedicated parking lot serves the property.
Positioned along Highway 62 in Lincoln, the property offers direct highway access and room for parking and signage. Its configuration provides a straightforward setup for an owner-user or occupant needing separate office areas within one building, subject to applicable approvals.
Positioned along Highway 62 in Lincoln, the property offers direct highway access and room for parking and signage. Its configuration provides a straightforward setup for an owner-user or occupant needing separate office areas within one building, subject to applicable approvals.
Key Highlights
- Two office units with individual entrances
- Units can be combined into one space
- 1200 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,118
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,360
$362.4K
Cap Rate 7%
$258,829
$258.8K
Cap Rate 9%
$201,311
$201.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$1.8K −$1.47/SF
EGI
$24.2K $20.13/SF
− OpEx
−$6.0K −$5.03/SF
NOI
$18.1K $15.10/SF
Area
Washington County, AR
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,360
Cap Rate 7%
$258,829
Cap Rate 9%
$201,311
Alternative Uses
Best Use
Office B
$258.8K
$226.5K – $302.0K
NOI $18,118 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.1K
$281.8K – $375.8K
NOI $22,547 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
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Business Placement
Demographics for 72744, AR
5,227
Population
2,196
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
79.0 sq mi
ZIP Area
66
Density / Sq Mi
$63,077
Median Household Income
$41,667
Median Earnings
$1,093
Median Rent
$168,100
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Washington County, AR
Properties on Market for Office Units in Washington County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Separate entrances support flexible office configuration with the option to connect both spaces.
Where is this office unit located?
The property is located at 810 E Pridemore Drive Lincoln, AR.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two office units with individual entrances; Units can be combined into one space; 1200 square feet of building area
