Medical Office with Expansion
For Sale
$968,600
9300 Brockington Road, Sherwood, AR 72120
Commercial / Industrial, Sherwood, AR
Property Size3,340 SF
Lot Size1.17 Acres
Price / SF$290
Days on Market123
Property Features for 9300 Brockington Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
19
Lot features
Level, Corner Lot
Directions
Kiehl Ave to Brockington Road. Property will be on the right.
Subdivision
SHERWOOD
Standard status
Active
Size
3,340 SF
Lot size
1.17 Acres
Taxes and HOA fees
Tax Description
Tract A
Tax Annual Amount
6995
Legal Description
Tract A
Building Details
Year built
2011
Floors in Building
1
Roof type
Metal
Listing Agency:
Realty One Group Lock and Key
(501) 298-3242
Listed By:
Kristi Copeland
(501) 416-0488
Added: May 22
Changed: Sep 21
Last Checked: Sep 21 at 11:06PM
MLS# 26020771
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.
Built in 2011, this 3,340-square-foot medical office occupies a 1.17-acre corner parcel at 9300 Brockington Road in Sherwood. The current layout includes 3 exam rooms, 2 triage rooms, dedicated lab space, 2 restrooms, a kitchen area, and a front reception zone with room for waiting or showroom functions. A metal roof and 19 parking spaces support the existing improvements.
The building has dual entrances and unfinished upper-level space that can accommodate additional offices, storage, or a future build-out. Its configuration supports continued medical use as well as professional office occupancy, subject to applicable requirements.
The building has dual entrances and unfinished upper-level space that can accommodate additional offices, storage, or a future build-out. Its configuration supports continued medical use as well as professional office occupancy, subject to applicable requirements.
Key Highlights
- 3,340‑square‑foot medical office on a 1.17‑acre corner lot
- Built in 2011 with a metal roof
- 3 exam rooms, 2 triage rooms, and dedicated lab space
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
$36,104
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
3.73%
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%
$722,080
$722.1K
Cap Rate 7%
$515,771
$515.8K
Cap Rate 9%
$401,156
$401.2K
Market Conditions
NOI Build-Up for 3,340 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
$66.9K $20.04/SF
− Vacancy
−$6.8K −$2.02/SF
EGI
$60.2K $18.02/SF
− OpEx
−$24.1K −$7.21/SF
NOI
$36.1K $10.81/SF
Area
Pulaski County, AR
Vacancy
10.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
40.00%
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%
$722,080
Cap Rate 7%
$515,771
Cap Rate 9%
$401,156
Alternative Uses
Best Use
Healthcare Medical
$515.8K
$451.3K – $601.7K
NOI $36,104 @ 7.0% cap · market cap 3.73%
Second Best
Office B
$399.0K
$349.2K – $465.6K
NOI $27,933 @ 7.0% cap · market cap 2.88%
Theoretical Best
Specialty Retail
$637.1K
$557.5K – $743.3K
NOI $44,598 @ 7.0% cap · market cap 4.60%
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
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Hospital & Clinic-Shrwd — 3008 E Kiehl Ave, Sherwood, AR 72120
- Bogoslavsky Lance DVM — 3008 E Kiehl Ave, Sherwood, AR 72120
- Kiehl Avenue Animal Clinic — 3911 E Kiehl Ave, Sherwood, AR 72120
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical layout includes exam rooms, triage areas, laboratory space, and separate entrances.
Where is this medical office space located?
The property is located at 9300 Brockington Road Sherwood, AR.
What is the asking price?
The asking price for this property is $968,600.
What are key features of this property?
This property features: 3,340‑square‑foot medical office on a 1.17‑acre corner lot; Built in 2011 with a metal roof; 3 exam rooms, 2 triage rooms, and dedicated lab space
