Property profile

810 Missouri Ave Corning, AR 72422

OFF-MARKET
Flex space
Property ID
US05-0612332
76,760 SF 36.71 ac lot Built 1990
Entity Owned Free & Clear
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Property summary

AI-generated overview

This expansive 77,830-square-foot industrial property in Corning, Arkansas, presents a significant investment opportunity. Located at 810 N Missouri Ave, this versatile facility combines substantial warehouse and office space, ideal for a variety of commercial uses. The property features a two-story building constructed in 1990, with an expansion in 2004, totaling 77,830 square feet of net rentable space. The warehouse area, exceeding 47,480 square feet, boasts high ceilings, robust flooring, and four loading docks, making it suitable for storage, distribution, or light to medium manufacturing. The office space, over 30,350 square feet, is well-equipped with administrative areas and conference rooms. Situated on a 6.87-acre lot, zoned C-2, this property benefits from its proximity to major transportation networks. Included in the sale are significant operational assets: a compressed air system, pneumatic conveying system with dust collection, a 125-ton chiller, a 30-ton glycol chiller, extensive HVAC systems, a 20,000-watt diesel generator with a 1,000-gallon fuel tank, heavy-gauge industrial wiring, LED lighting, and various material handling equipment including a forklift, scissor lift, and pallet wrapper. The property's robust infrastructure and extensive equipment make it a highly attractive option for businesses seeking efficient and versatile commercial space in Corning, Arkansas. The asking price is $3,200,000, translating to $41.12 per square foot.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1990
Total area 76,760 SF
Lot 36.71 ac (1,599,088 SF)
APN 722-01631-000C
UPID US05-0612332

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Publishing House

Location

810 Missouri Ave Corning, AR 72422-7187
Corning metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

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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