2709 Eastline Rd, Searcy, AR 72143-9314
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.
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Ferricher Lawn Care Landscaping
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Doug James Plumbing Plumbing Service General Contractor
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
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.