560 2nd St, Booneville, AR 72927-3910
This exceptional 8.5-acre industrial property in Booneville, Arkansas, presents a significant investment opportunity. The site boasts approximately 29,000 square feet of existing warehouse space, featuring a maximum ceiling height of 24.5 feet, 20-foot sidewall height, and an average column spacing of 23.5 feet. Convenient loading is ensured with overhead doors and a loading dock equipped with levelers. A pre-installed sprinkler system is ready for connection. The property also includes several additional buildings in various stages of demolition, offering potential for repurposing or redevelopment. A substantial concrete slab, exceeding 120,000 square feet, remains in place, providing ample space for expansion or new construction. This property is strategically located within a Qualified Opportunity Zone, offering potential tax advantages. Its proximity to major transportation arteries is another key benefit: it's 26 miles from the future I-49 interchange in Greenwood, 30 miles from I-40 in Ozark, and 41 miles from the Port of Fort Smith. Booneville itself is a thriving community of over 4,000 residents, supported by a diverse range of employers and amenities, including K-12 schools, a Boys & Girls Club, a municipal airport, an 18-hole golf course, Rockline Industries, a USDA Research Center, Mercy Hospital and Emergency Room, a Walmart Supercenter, Tractor Supply Co., Dollar Tree, and numerous chain and local restaurants. This property offers a unique blend of existing infrastructure and expansion potential in a growing community. The asking price is $575,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.