Listing Agency: Coldwell Banker Village Communities Show Phone

Listed By: Chase Copeland · License #AB00095147 Show Phone

Source: Blairrealtors

Added: Aug 11 Changed: Nov 4 Last Checked: Nov 5 at 6:51AM

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Investment Insights

Based on property information with market context.

An 800-square-foot office suite is located along Highway 49 N in Brookland, Arkansas. The corridor carries approximately 21,000 vehicles per day, providing a clear road-oriented setting for the space.

Key Highlights

• 800 SF office suite
• Approximately 21,000 VPD on Highway 49 N

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$7,476

Suggested Prices Based on Cap Rates

Cap Rate 5%

$149,520 $149.5K

Cap Rate 7%

$106,800 $106.8K

Cap Rate 9%

$83,067 $83.1K

What to ask about pricing

Market Conditions

NOI Build-Up for 800 SF

Gross rent

$11.3K $14.16/SF

− Vacancy

−$1.4K −$1.70/SF

EGI

$10.0K $12.46/SF

− OpEx

−$2.5K −$3.12/SF

NOI

$7.5K $9.35/SF

Area

Craighead County, AR

Vacancy

12.00%

Lease Rate

$14.16 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$149,520

Cap Rate 7%

$106,800

Cap Rate 9%

$83,067

Alternative Uses

Best Use

Office B

$106.8K

$93.5K – $124.6K (±1% cap)

NOI $7,476 @ 7.0% cap · market cap 32,504.35%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$140.1K

$122.6K – $163.4K (±1% cap)

NOI $9,804 @ 7.0% cap · market cap 42,626.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Catering Service

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

49

Businesses Nearby

Explore this area Business Placement

Demographics for 72417, AR

5,720

Population

2,391

Households

2.4

Avg Household Size

30

Median Age

18%

College-Educated

90%

High-School Grad

43.0 sq mi

ZIP Area

133

Density / Sq Mi

$63,633

Median Household Income

$44,254

Median Earnings

$989

Median Rent

$168,800

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Stand-Alone Retail Building

5060 Hwy 49 N, Brookland, AR 72417

Contact for pricing

2,520 SF

View details

Brookland Mixed-Use Commercial Building

1 Kreed Lane, Brookland, AR 72417

Contact for pricing

13,450 SF

View details

Frequently Asked Questions

What type of property is this?

Office unit - The office space fronts Highway 49 N, serving users who value a location along a well-traveled corridor.

Where is this office unit located?

The property is located at 8611 Highway 49 Brookland, AR.

What are key features of this property?

This property features: 800 SF office suite; Approximately 21,000 VPD on Highway 49 N