Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1500 Dewitt Henry Dr Beebe, AR 72012

    Sponsored
    For Sale
    $1,200,000

    Prime Beebe, AR mixed-use property. High cap rate, strong tenant.

    Property size:
    10,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents a 10,800 square foot, two-story Class B mixed-use building located at 1500 W Dewitt Henry Dr, Beebe, AR 72012. The property, built in 1982 and situated on a 0.69-acre lot, offers a compelling blend of retail, office, and bank space. Currently operating under a NNN lease structure with a multi-tenant occupancy of 50%, the building boasts a strong pro-forma NOI of $108,603 and a 9.05% cap rate. The first floor, encompassing 5,000 square feet, is ideally suited for owner-occupancy or lease, potentially as a bank given its existing infrastructure including a two-car drive-thru. The second floor, completely remodeled in 2018, including a new TPO roof, is currently occupied by a national tenant under a lease with 3 years remaining. This floor features professional office space, an elevator, and separate entrance/exit points. The property is conveniently located across from the ASU-Beebe campus. Tenant improvement allowances are available. This is a rare opportunity to acquire a well-positioned mixed-use property in a growing market with significant upside potential. The building consists of one building with two stories.

    Property Features for 1500 Dewitt Henry Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,800 SF
    Class
    B
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    2

    HighLights

    • 10,800 SF Class B mixed‑use building on 0.69 acres in Beebe, AR.
    • Built in 1982, with a 50% multi‑tenant occupancy under NNN leases.
    • Strong pro‑forma NOI of $108,603 and a 9.05% cap rate.
    • First floor (5,000 SF) suitable for owner‑occupancy or lease, featuring a drive‑thru.
    • Second floor (5,800 SF) fully remodeled in 2018 with a new roof, currently leased to a national tenant with 3 years remaining.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Church of Jesus Christ ... Christian Church ATM (Regions Bank) Atm Regions Mortgage Mortgage Lender Regions Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beebe
    County
    White
    State
    Arkansas
    Longitude
    -91.901158
    Latitude
    35.074425

    Nearby Comparable

    • $600,000

      Commercial Land Near Arkansas State

      3.89 acres of commercial land with existing income.
      1402 W Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $1,155,000
      1.88 Acres

      Beebe, AR Commercial Land Opportunity

      1.88 Acres, High-Visibility Location
      0 Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $400,000
      2.76 Acres

      Prime Commercial Lot in Beebe

      2.76 acre commercial property with frontage on Dewitt Henry.
      1105 Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $299,000
      1.87 Acres

      Beebe Commercial Lot Near I-57

      1.87 acre commercial lot with high visibility near I-57.
      922 Access Rd, Beebe, AR 72012
      View Details
    • $400,000
      2.76 Acres

      Dewitt Henry Commercial Land - Beebe, AR

      Prime Beebe location, high visibility, C-2 zoning.
      1105 Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $266,587
      1.02 Acres

      Beebe, AR Commercial Lot

      1.02 acre commercial lot near I-57 and future growth.
      000 Access Rd, Beebe, AR 72012
      View Details
    • $400,000
      3,340 SF

      Beebe Retail Building and Land

      Retail building and land in prime Beebe location.
      1904 W Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $266,587
      1.02 Acres

      Beebe Commercial Lot Near I-57

      1.02 acre commercial lot with high visibility near I-57.
      000 Access Rd, Beebe, AR 72012
      View Details
    • $450,000
      0.78 Acres

      Commercial Land in High-Traffic Area

      Commercial land with utilities, high traffic, and proximity to businesses.
      1903 Center St W, Beebe, AR 72012
      View Details
    • $640,000
      1.17 Acres

      Commercial Land with Existing Building

      Commercial land with high traffic, existing structure, and development potential.
      1905 Center St W, Beebe, AR 72012
      View Details
    • $640,000
      1.17 Acres

      Beebe, AR Commercial Land Opportunity

      1.17 Acres, Prime Beebe Location, $640,000
      1905 Center St, Beebe, AR 72012
      View Details
    • $449,000
      0.93 Acres

      Beebe Commercial Lot For Sale

      0.93 acre commercial lot in high-traffic location near Walmart.
      2000 Center St West, Beebe, AR 72012
      View Details

    Nearby Similar for Sale

    • $649,000
      6,000 SF

      Renovated Commercial Property with Warehouse

      Turnkey 6,000 SF property with showroom and warehouse space.
      207 Campbell Dr, Beebe, AR 72012
      View Details
    • New
      $199,000
      1,644 SF

      Mixed-Use Corner Lot in Beebe

      Corner lot mixed-use property suitable for C2 business in Beebe.
      1306 Lemon St, Beebe, AR 72012
      View Details
    • New
      $233,000
      968 SF

      Beebe Retail Space For Sale

      Retail property on a corner lot in Beebe, Arkansas.
      417 N Main St, Beebe, AR 72012
      View Details
    • $400,000
      3,340 SF

      Beebe Retail Building and Land

      Retail building and land in prime Beebe location.
      1904 W Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • New
      $385,000
      8,200 SF

      Flea Market Building on Acre

      Flea market building with 75 booths on one acre.
      316 W Center St, Beebe, AR 72012
      View Details
    • $4,742,000

      New Construction Auto Shop Lease

      15-year absolute net lease with rental increases.
      2001 W Center St, Beebe, AR 72012
      View Details
    • $399,900
      1.00 Acre

      Beebe, AR Business Opportunity

      Prime 1-Acre Commercial Lot, $399,900
      316 Center St, Beebe, AR 72012
      View Details
    • $640,000
      1.17 Acres

      Beebe, AR Commercial Land Opportunity

      1.17 Acres, Prime Beebe Location, $640,000
      1905 Center St, Beebe, AR 72012
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Beebe, AR mixed-use property. High cap rate, strong tenant.
    Where is this individual retail property located?
    The property is located at 1500 Dewitt Henry Dr Beebe, AR.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 10,800 SF Class B mixed-use building on 0.69 acres in Beebe, AR.; Built in 1982, with a 50% multi-tenant occupancy under NNN leases.; Strong pro-forma NOI of $108,603 and a 9.05% cap rate.
    Request Owner's contact information
    1500 Dewitt Henry Dr Beebe, AR 72012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1500 Dewitt Henry Dr
    Beebe, AR 72012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 Dewitt Henry Dr Beebe, AR 72012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.