164 Sherman Way Kensett, AR 72082
This exceptional 12,000-square-foot industrial property in Kensett, Arkansas, presents a compelling owner-user opportunity. Situated on a five-acre lot, this single-story, 2007-built building boasts a 120ft x 80ft footprint. The structure includes 8,000 square feet of heated space and 4,000 square feet of open-ended space, ideal for various industrial applications. Key features include a five-ton Demag crane, three 16-foot overhead pull-through doors with motors, a small office and breakroom with a half-bath, and an additional 8-foot overhead door leading to a tool room. The property is fully fenced with three strands of barbed wire and includes a substantial shale and gravel yard. Currently leased until August 31st, 2024, this property offers significant potential for immediate occupancy or continued rental income. The property is zoned for industrial use and is priced at $675,000, or $56.25 per square foot. This represents a rare opportunity to acquire a well-equipped industrial space in a convenient location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.