Open-Plan
921 E Douglas Street, Prairie Grove, AR 72753
For Sale
$769,999
CommercialSale, Prairie Grove, AR
Property Size7,500 SF
Lot Size0.94 Acres
Price / SF$102.67
Days on Market195
Property Features for 921 E Douglas Street
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
Joseph Schmits · License AR EB00092576
(573) 795-2348
Added: May 2
Changed: Oct 22
Last Checked: Nov 12 at 6:06AM
MLS# 1345053
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 warehouse contains 7,500 square feet on a 0.94-acre property, with an open interior arrangement, high ceilings, and durable flooring. Built in 2000, the facility provides a flexible commercial setting for manufacturing, storage, distribution, or other uses identified for the property.
The building is located at 921 E Douglas Street in Prairie Grove, Arkansas, just off Business 62. Its configuration offers a straightforward base for businesses seeking adaptable industrial space without a heavily segmented layout.
The building is located at 921 E Douglas Street in Prairie Grove, Arkansas, just off Business 62. Its configuration offers a straightforward base for businesses seeking adaptable industrial space without a heavily segmented layout.
Key Highlights
- 7,500‑square‑foot warehouse on 0.94 acres
- Open interior floor plan with high ceilings
- Durable flooring throughout the facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,924
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,480
$918.5K
Cap Rate 7%
$656,057
$656.1K
Cap Rate 9%
$510,267
$510.3K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$60.3K $8.04/SF
− Vacancy
−$6.3K −$0.84/SF
EGI
$54.0K $7.20/SF
− OpEx
−$8.1K −$1.08/SF
NOI
$45.9K $6.12/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,480
Cap Rate 7%
$656,057
Cap Rate 9%
$510,267
Alternative Uses
Best Use
Warehouse
$656.1K
$574.1K – $765.4K
NOI $45,924 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$626.4K
$548.1K – $730.8K
NOI $43,848 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,918 @ 7.0% cap · market cap 18.30%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72753, AR
10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Washington County, AR
Properties on Market for Warehouses in Washington County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Prairie Grove Self Storage — 930 E Parks St, Prairie Grove, AR 72753
- Bo Speed — US-62, Prairie Grove, AR 72753
Frequently Asked Questions
What type of property is this?
Warehouse - Open interior layout supports manufacturing, storage, distribution, and other commercial operations.
Where is this warehouse located?
The property is located at 921 E Douglas Street Prairie Grove, AR.
What is the asking price?
The asking price for this property is $769,999.
What are key features of this property?
This property features: 7,500‑square‑foot warehouse on 0.94 acres; Open interior floor plan with high ceilings; Durable flooring throughout the facility
