12329 Three Elms Rd, Farmington, AR 72730
For Lease
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This exceptional investment opportunity presents two 4,000 square foot metal buildings situated on a 1.87-acre lot in Farmington, Arkansas. Located at 12329 & 12331 Three Elms Rd, this property boasts a prime location, just one mile from downtown Farmington and a convenient five miles from Interstate 49. The buildings, constructed in 2008, offer versatile flex space, ideal for a variety of uses. Each building (APN: 760-03098; 760-03098-001; 760-03098-000) features unique layouts; one includes an office space, while the other is equipped as a fully built-out apartment. Both units include their own bathrooms. The asking price is $695,000, translating to $86.88 per square foot. Currently occupied, this property offers a strong potential for rental income. Please schedule a showing appointment to explore this rare flex space opportunity in a desirable location. The property consists of two buildings, totaling 8,000 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AA2 · Farmington, ARFarmington. Always verify with local authorities before improvements.
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.