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Property profile & analytics

2709 Eastline Rd Searcy, AR 72143

  • Warehouses
  • 10,200 SF
  • 1.34 lot acres
Value Estimation
Last Sale
Mar 01, 2022
$550,000
Location Intelligence
Property ID
US05-1643533
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ferricher Lawn Care / Lawn Care Service
  • Doug James Plumbing / Plumber

Property Details for 2709 Eastline Rd

Year built
1995
Lot size
1.34 lot acres
Property size
10,200 SF
Property type
Warehouses
APN
016-11558-004
APU
1611558004

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $510,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $560,000
    7%
    $555,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $525,000
    Geo Method
    $630,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $715,000
    Retail
    $535,000
    Mixed-Use
    $565,000
    Hospitality
    $550,000
    Educational
    $740,000
    Residential Income
    $555,000
    Energy
    $685,000
    Income-Based Land
    $705,000
    Food Service
    $580,000

Location Insight

  • Map
  • Local Demand
City
Searcy
County
White
State
Arkansas
Longitude
-91.7213
Latitude
35.2147
CBSA code
42620
CBSA name
SEARCY, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,639
$20,390
$44,610
$65,000
-
$101,950
$223,050
$325,000
More about this property
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