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Mixed-Use Property with Warehouse
For Sale
$649,000

818 S 2Nd St, Cabot, AR 72023

Commercial / Industrial, Cabot, AR

Property Size8,720 SF
Lot Size0.66 Acres
Price / SF$74.43
Days on Market55

Property Features for 818 S 2Nd St

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Subdivision Pinecrest
Directions Turn right onto HW5 S, then left into second st.
Standard status Active
APN 722-20117-000
Size 8,720 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pinecrest Sub
Tax Annual Amount 2229
Legal Description Pinecrest Sub

Building Details

Year built 1998
Floors in Building 1
Listing Agency: Exp Realty
Listed By: Sophia Nguyenle
Added: Sep 5 Changed: Oct 8 Last Checked: Oct 29 at 5:06AM
MLS# 26036959

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use commercial property in Cabot combines three separately metered spaces occupied by two long-term tenants. The layout includes a 4,200-square-foot bait and tackle shop, a 2,300-square-foot retail office, and a 3,320-square-foot pull-through shop and warehouse. Total building area is 8,720 square feet on 0.66 acres, with construction dating to 1998.

The warehouse provides 16-foot side walls and an 18-foot center height, along with four overhead doors: one 18 x 14-foot automatic door, one 16 x 14-foot automatic door, and two 10 x 10-foot manual doors. Located at 818 S 2nd St in Cabot, the property occupies a large corner lot with three-point access and 210 feet of frontage on S. 2nd Street.

Key Highlights

  • 8,720‑square‑foot mixed‑use property on 0.66 acres
  • Three separately metered spaces occupied by two long‑term tenants
  • 4,200‑square‑foot bait and tackle shop plus 2,300‑square‑foot retail office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,950
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,000 $779.0K
Cap Rate 7%
$556,429 $556.4K
Cap Rate 9%
$432,778 $432.8K
Market Conditions
NOI Build-Up for 8,720 SF
Gross rent
$48.1K $5.52/SF
− Vacancy
−$2.3K −$0.26/SF
EGI
$45.8K $5.26/SF
− OpEx
−$6.9K −$0.79/SF
NOI
$39.0K $4.47/SF
Area
Lonoke County, AR
Vacancy
4.80%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,000
Cap Rate 7%
$556,429
Cap Rate 9%
$432,778

Alternative Uses

Best Use
Retail
$1.24M
$1.08M – $1.45M (±1% cap)
NOI $86,755 @ 7.0% cap · market cap 13.37%
Second Best
Mixed Use
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,629 @ 7.0% cap · market cap 13.35%
Theoretical Best
Office A
$1.78M
$1.55M – $2.07M (±1% cap)
NOI $124,281 @ 7.0% cap · market cap 19.15%
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

Great American Wings ... Restaurant

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Parking Lot & Garage Home Appliance Store Butcher

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

18 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

726
Businesses Nearby

Demographics for 72023, AR

37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
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?
Mixed-use property - Three separately metered, fully occupied spaces combine retail, office, and warehouse functions.
Where is this mixed-use property located?
The property is located at 818 S 2Nd St Cabot, AR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 8,720‑square‑foot mixed‑use property on 0.66 acres; Three separately metered spaces occupied by two long‑term tenants; 4,200‑square‑foot bait and tackle shop plus 2,300‑square‑foot retail office
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