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    2709 Eastline Rd Searcy, AR 72143

    Sponsored
    For Sale
    $910,000

    Searcy, AR multi-tenant warehouse

    Property size:
    18,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 18,750 square foot multi-tenant industrial property located at 2709 Eastline Rd, Searcy, AR 72143. The property, situated on approximately 1.34 acres with 67/167 frontage, comprises two single-story metal buildings constructed in 1995. Currently boasting 100% occupancy with eight tenants, including lawn care businesses, contractors, mechanics, and personal shops, the property generates a current NOI of $67,830, representing a 7.45% cap rate. The property's strong occupancy history and potential for rent increases suggest a significant value-add opportunity, with a pro-forma NOI projected at $94,830 and a pro-forma cap rate of 10.42%. The asking price is $910,000, translating to $48.53 per square foot. The property is zoned U-T and features a mix of flex, manufacturing, and warehouse space, making it ideal for owner-users or investors seeking strong cash flow and appreciation potential in a thriving market. The property is classified as Class C and is currently operating as a multi-tenant investment with no tenant credit rating. This is a rare opportunity to acquire a well-established, income-producing industrial property in a rapidly growing area.

    Property Features for 2709 Eastline Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    18,750 SF
    Class
    C

    Building Details

    Year Built
    1995
    Buildings
    2
    Stories
    1
    Units
    8

    HighLights

    • 18,750 SF multi‑tenant industrial property on ~1.34 acres in Searcy, AR.
    • 100% occupied with eight tenants, generating $67,830 NOI (7.45% cap rate).
    • Pro‑forma NOI projected at $94,830 (10.42% cap rate).
    • Asking price: $910,000 ($48.53/SF).
    • Zoned U‑T; mix of flex, manufacturing, and warehouse space; Class C.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ferricher Lawn Care Lawn Care Service Doug James Plumbing Plumber

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Gym & Fitness Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.7214275
    Latitude
    35.2148253

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    FAQs

    What type of property is this?
    Distribution property - Searcy, AR multi-tenant warehouse
    Where is this distribution property located?
    The property is located at 2709 Eastline Rd Searcy, AR.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: 18,750 SF multi-tenant industrial property on ~1.34 acres in Searcy, AR.; 100% occupied with eight tenants, generating $67,830 NOI (7.45% cap rate).; Pro-forma NOI projected at $94,830 (10.42% cap rate).
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    Searcy, AR 72143
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    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
    2709 Eastline Rd Searcy, AR 72143
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