Mixed-Use Property with
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 Market8
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
(866) 720-5056
Listed By:
Sophia Nguyenle
(870) 613-8882
Added: Sep 5
Changed: Sep 10
Last Checked: Sep 12 at 4:06PM
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.
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.
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 = 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
$38,950
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
6.00%
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%
$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
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
$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 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%
$779,000
Cap Rate 7%
$556,429
Cap Rate 9%
$432,778
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.45M
NOI $86,755 @ 7.0% cap · market cap 13.37%
Second Best
Mixed Use
$1.24M
$1.08M – $1.44M
NOI $86,629 @ 7.0% cap · market cap 13.35%
Theoretical Best
Office A
$1.78M
$1.55M – $2.07M
NOI $124,281 @ 7.0% cap · market cap 19.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
