Food Grade Warehouse For
For Sale
Contact for pricing
6005 Scott Hamilton Dr, Little Rock, AR 72209
55,837 SF U.S. Customs bonded warehouse with easy access.
Property Size55,837 SF
Price / SF$65.37
Days on Market1012
Property Features for 6005 Scott Hamilton Dr
General Information
Standard status
Active
Size
55,837 SF
Class
B
Property subtype
Industrial
Zoning
I-2
Building Details
Year Built
1961
Buildings
1
Stories
1
Listing Agency:
Moses Tucker Partners
(501) 358-8280
Listed By:
Fletcher Hanson · License #PB00042821-D02
Source:
Crexi
Added: Nov 13, 2023
Changed: Aug 8
Last Checked: Aug 19 at 7:07AM
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 Moses Tucker Partners
Investment Insights
Based on property information with market context.
This 55,837 square foot warehouse is a bonded U.S. Customs warehouse and an approved Level II SQF food grade warehouse. The building features 3-phase power, ranging from 300 to 600 amps. Constructed with block and brick, the warehouse benefits from skylights that provide natural interior lighting. All warehouse lighting has been converted to LED within the last 3 years. The office space received a new roof and HVAC system in 2023. The interior provides a 16-foot ceiling height under the beam and 18 feet to the deck, with column spacing of 30 feet by 30 feet. The building is fully sprinkled and includes 3 dock-high doors equipped with bumpers and manual levelers, along with one ground-level drive-in door. A fenced yard area is included. The property offers easy access to I-30.
Key Highlights
- Approved Level II SQF Food Grade Warehouse
- Bonded U.S. Customs Warehouse
- Easy access to I‑30
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
$254,834
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
6.98%
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%
$5,096,680
$5.1M
Cap Rate 7%
$3,640,486
$3.6M
Cap Rate 9%
$2,831,489
$2.8M
Market Conditions
NOI Build-Up for 55,837 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
$314.9K $5.64/SF
− Vacancy
−$15.1K −$0.27/SF
EGI
$299.8K $5.37/SF
− OpEx
−$45.0K −$0.81/SF
NOI
$254.8K $4.56/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
15.00%
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%
$5,096,680
Cap Rate 7%
$3,640,486
Cap Rate 9%
$2,831,489
Alternative Uses
Best Use
Warehouse
$3.64M
$3.19M – $4.25M
NOI $254,834 @ 7.0% cap · market cap 6.98%
Second Best
Industrial
$3.00M
$2.62M – $3.50M
NOI $209,863 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$10.14M
$8.88M – $11.83M
NOI $710,038 @ 7.0% cap · market cap 19.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72209, AR
31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Access Self Storage — 4607 Hoffman Rd, Little Rock, AR 72209
- River City Cold Storage — 5301 Scott Hamilton Dr, Little Rock, AR 72209
- Hugg & Hall Mobile Storage — 6601 Scott Hamilton Dr, Little Rock, AR 72209
- Storage Rentals of America — 4607 Hoffman Rd, Little Rock, AR 72209
- All My Sons Moving & Storage — 6615 Murray St, Little Rock, AR 72209
Frequently Asked Questions
What type of property is this?
Warehouse - 55,837 SF U.S. Customs bonded warehouse with easy access.
Where is this warehouse located?
The property is located at 6005 Scott Hamilton Dr Little Rock, AR.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Approved Level II SQF Food Grade Warehouse; Bonded U.S. Customs Warehouse; Easy access to I‑30
