Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    701 Central St Warren, AR 71671-2553
    Back to Search
    Property profile & analytics

    701 Central St Warren, AR 71671-2553

    View on Map
    • Flex space
    • 84,069 SF
    • 4.38 lot acres
    Off-Market
    Property ID
    US05-2206464
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Orthoflex Saddle Works / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 701 Central St

    Lot size
    4.38 lot acres
    Property size
    84,069 SF
    Property type
    Flex space
    APN
    702-00185-000C
    APU
    70200185000C

    Description

    This exceptional industrial property, located at 701 W Central St, Warren, AR 71671, presents a significant opportunity. The single-tenant warehouse boasts a substantial 88,300 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 3.5-acre lot, the building offers ample room for expansion or outdoor storage. High ceilings, ranging from 14 to 20 feet, provide excellent vertical clearance for various storage and operational needs. The property includes two loading docks for efficient loading and unloading of goods, ensuring smooth logistical operations. Ample parking is available, with 100 parking spaces provided for employees and visitors. This prime location in Warren, Arkansas offers easy access to major transportation routes, making it an ideal choice for businesses requiring convenient distribution and logistics capabilities. The property's size and features make it suitable for a wide range of industrial and warehousing operations, providing a versatile space to accommodate diverse business requirements. This is a rare opportunity to secure a large, well-equipped warehouse in a strategic location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Bradley
    State
    Arkansas
    Longitude
    -92.0771
    Latitude
    33.6097

    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
    2023
    $3,004
    $3,500
    $50,240
    $53,740
    -
    $17,500
    $251,200
    $268,700

    Comparable in this City

    • Value Estimation by Request
      3,400 SF

      Hwy 278th Business

      LIGHT INDUSTRIAL • 3,400 SF
      Hwy 278th Business, Warren, AR 71671
      View Details
    • Value Estimation by Request
      217,340 SF

      501 Martin St

      LIGHT INDUSTRIAL • 217,340 SF
      501 Martin St, Warren, AR 71671-3242
      View Details
    • Value Estimation by Request
      5,000 SF

      214 Wise St

      WAREHOUSE, STORAGE • 5,000 SF
      214 Wise St, Warren, AR 71671-2836
      View Details
    • Value Estimation by Request
      3,048 SF

      1008 Bradley 8th N Rd

      MINI-WAREHOUSE, STORAGE • 3,048 SF
      1008 Bradley 8th N Rd, Warren, AR 71671
      View Details
    • Value Estimation by Request
      960 SF

      101 Church St

      WAREHOUSE, STORAGE • 960 SF
      101 Church St, Warren, AR 71671-2801
      View Details
    • Value Estimation by Request
      1,728 SF

      689 Hwy 278th W

      MINI-WAREHOUSE, STORAGE • 1,728 SF
      689 Hwy 278th W, Warren, AR 71671
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      88,300 SF

      Spacious Warehouse in Warren, Arkansas

      88,300 SF warehouse space suitable for various business needs.
      701 W Central St, Warren, AR 71671
      View Details
    • Contact for pricing
      1.41 Acres

      Residential Lot in Warren, Arkansas

      1.41 acre residential lot suitable for new home construction.
      1.41 Acre Berry St, Warren, AR 71671
      View Details
    • $800,400
      87.00 Acres

      Warren Acreage on US Highway

      87-acre tract with highway frontage near Warren, Arkansas.
      000 Us Hwy 278, Warren, AR 71671
      View Details
    • $185,000
      0.31 Acres

      Warren Commercial Property - Prime Location

      0.31-acre lot, general commercial building. Great investment opportunity!
      106 Ash St, Warren, AR 71671
      View Details
    • $76,000
      2,496 SF

      Warren Commercial Property For Sale

      Commercial property available in Warren, Arkansas.
      1213 W Central St, Warren, AR 71671
      View Details
    • $152,750
      43.10 Acres

      Warren, AR Acreage For Sale

      43.1 acres near Warren, AR, suitable for timber or homesite.
      5-13-10 N Bradley Cr 7, Warren, AR 71671
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 Central St
    Warren, AR 71671-2553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    701 Central St, Warren, AR, 71671
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!