Gas Station and Convenience
For Sale
$399,000
8300 Woodson Lateral Road, Hensley, AR 72065
Sale includes existing fixtures and refrigerated equipment.
Property Size2,400 SF
Days on Market148
Property Features for 8300 Woodson Lateral Road
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
5
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Building Size
2,400 SF
Year Built
1998
Stories
1
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 525-1466
Listed By:
Jeff By · License #SA00079605
Source:
Proeliterealty
Added: Mar 26
Changed: Aug 18
Last Checked: Aug 19 at 2:59PM
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 Lake Hamilton Realty, Inc.
Investment Insights
Based on property information with market context.
This gas station and convenience store was built in 1998 and is offered with its existing fixtures and refrigerators. The property can also support a food-and-convenience-store format, providing flexibility in how the premises are operated. No gas contract is currently in place, allowing a future owner to establish its own fuel arrangement.
Located at 8300 Woodson Lateral Road in Hensley, Arkansas, the property sits next to a community park. The site is in a wet county, where liquor sales are possible. Its current configuration combines fuel service with convenience retail in a neighborhood-oriented setting.
Located at 8300 Woodson Lateral Road in Hensley, Arkansas, the property sits next to a community park. The site is in a wet county, where liquor sales are possible. Its current configuration combines fuel service with convenience retail in a neighborhood-oriented setting.
Key Highlights
- Gas station and convenience store built in 1998
- Existing fixtures and refrigerators included in the sale
- No gas contract currently in place
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
$26,313
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
6.59%
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%
$526,260
$526.3K
Cap Rate 7%
$375,900
$375.9K
Cap Rate 9%
$292,367
$292.4K
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
$40.0K $16.68/SF
− Vacancy
−$2.4K −$1.02/SF
EGI
$37.6K $15.66/SF
− OpEx
−$11.3K −$4.70/SF
NOI
$26.3K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
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%
$526,260
Cap Rate 7%
$375,900
Cap Rate 9%
$292,367
Alternative Uses
Best Use
Retail
$375.9K
$328.9K – $438.6K
NOI $26,313 @ 7.0% cap · market cap 6.59%
Second Best
Specialty Retail
$347.7K
$304.2K – $405.7K
NOI $24,339 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$523.7K
$458.3K – $611.0K
NOI $36,662 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 72065, AR
5,305
Population
2,370
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
62.6 sq mi
ZIP Area
85
Density / Sq Mi
$68,636
Median Household Income
$36,131
Median Earnings
$955
Median Rent
$191,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Sale includes existing fixtures and refrigerated equipment.
Where is this gas station located?
The property is located at 8300 Woodson Lateral Road Hensley, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Gas station and convenience store built in 1998; Existing fixtures and refrigerators included in the sale; No gas contract currently in place
