Property profile

7301 Victory Blvd Newport, AR 72112

FOR SALE
Flex space
Property ID
US05-1031252
234,780 SF 19.16 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This warehouse property in Newport, Arkansas contains 143,832 square feet of space and is positioned roughly 30 miles southwest of Jonesboro, 80 miles northwest of Memphis, and 85 miles northeast of Little Rock. The site is about 2.36 miles from US-67 and is accessed via ingress and egress points on Victory Boulevard and Comet Drive. It is approximately 30 miles from I-555, 55 miles from I-55, and about 85 miles from both I-30 and I-40. The property underwent extensive interior and exterior improvements in 2023.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1950
Total area 234,780 SF
Lot 19.16 ac (834,610 SF)
APN 013-00037-000
UPID US05-1031252

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7301 Victory Blvd Newport, AR 72112
Newport metro Census 480402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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