Highway Frontage Investment Opportunity

17427 AR 37 HWY, Gateway, AR 72732

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For Sale

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Versatile commercial property with highway frontage and railroad access.

Type:Office

Property size:

4,200 SF

Price / SF:

$172/SF

HighLights

Excellent highway frontage for high visibility and accessibility.
Valuable railroad rail spur on the backside of the property for efficient transportation.
4200 sq ft enclosed building with office space and 2 bay doors.
4000 sq ft open side shop with concrete floor.
Versatile space suitable for various businesses, including potential for an outdoor storage facility.
Strategic location near the Arkansas/Missouri state line with easy access to Bentonville, Arkansas.

We can help!

Contact an agent

Stephen Shane Martin

Learn more

For Sale

Contact for pricing

Versatile commercial property with highway frontage and railroad access.

Type:Office

Property size:

4,200 SF

Price / SF:

$172/SF

Added:: Jul 29, 2024
Days on Market:: 708
Last Refresh:: May 12 at 9:52 pm

Property Features for 17427 AR 37 HWY

General Information

Standard status: Active
Size: 4,200 SF
Property subtype: Office

We can help!

Contact an agent

Stephen Shane Martin

Listing office Southern Land Company TN, llc

Listing date Jul 29, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Southern Land Company TN, llc

HighLights

Excellent highway frontage for high visibility and accessibility.
Valuable railroad rail spur on the backside of the property for efficient transportation.
4200 sq ft enclosed building with office space and 2 bay doors.
4000 sq ft open side shop with concrete floor.
Versatile space suitable for various businesses, including potential for an outdoor storage facility.
Strategic location near the Arkansas/Missouri state line with easy access to Bentonville, Arkansas.

Overview

This commercial property presents an investment opportunity with highway frontage and a railroad rail spur. The 4200-square-foot enclosed building includes an office and two bay doors. Additionally, there is a 4000-square-foot open side shop featuring a concrete floor. Previously used as a sawmill, the property is versatile and may be suitable for various businesses, including an outdoor storage facility. Located near the Arkansas/Missouri state line, the property offers access to Bentonville, Arkansas. Equipment is not included in the sale.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$93.2k	$22.20
− Vacancy	−$6.3k	−$1.51
EGI	$86.9k	$20.69
− OpEx	−$21.7k	−$5.17
NOI	$65.2k	$15.52

4,200 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$931.1K

$814.7K – $1.09M (±1% cap)

NOI $65,175 @ 7.0% cap · market cap 8.99%

Second Best

Flex RnD

$608.0K

$532.0K – $709.4K (±1% cap)

NOI $42,562 @ 7.0% cap · market cap 5.87%

Theoretical Best

Office A

$1.15M

$1.01M – $1.35M (±1% cap)

NOI $80,793 @ 7.0% cap · market cap 11.14%

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

Location Intelligence

Current Use by Public Records

Flex space

Map

City: Gateway
County: Benton
State: Arkansas
Longitude: -93.9523
Latitude: 36.4258

For sale
Flex space
AR
Gateway
72732
17427 AR 37 HWY

What type of property is this?

Flex space - Versatile commercial property with highway frontage and railroad access.

Where is this flex space located?

The property is located at 17427 AR 37 HWY Gateway, AR.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Excellent highway frontage for high visibility and accessibility.; Valuable railroad rail spur on the backside of the property for efficient transportation.; 4200 sq ft enclosed building with office space and **2 bay doors**.