909 C St Barling, AR 72923
- Flex space
- 35,000 SF
- 1.10 lot acres
Current Use by Public Records
- Flex space
Property Details for 909 C St
- Lot size
- 1.10 lot acres
- Property size
- 35,000 SF
- Property type
- Flex space
- APN
- 61484-0004-00004-00
- APU
- 6148400040000400
Description
This exceptional industrial property, located at 909 C Street in Barling, Arkansas, presents a significant investment opportunity. The expansive 35,356 square foot warehouse, formerly occupied by Sebastian Furniture, boasts a newly installed roof (completion expected October 2023), representing a substantial $185,000 investment. The property sits on a generous 3.69-acre lot, offering ample space for expansion or future development. The warehouse itself features durable polished concrete floors, a comprehensive sprinkler system for fire protection, and efficient suspended gas heaters for climate control. The high ceilings, exceeding 16 feet in height, and robust steel beam construction provide exceptional versatility for a wide range of industrial uses. In addition to the vast warehouse space, the property includes a sizable 1,883 square foot office area, perfect for administrative functions or tenant occupancy. Four convenient loading docks ensure efficient loading and unloading operations. This property's combination of size, location, and modern features makes it an ideal choice for businesses seeking a substantial and well-equipped industrial space in a growing area. The attached roofing contract is available for review. This is a rare opportunity to acquire a turnkey industrial facility with significant recent upgrades.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $510,000
- 6.5%
- $455,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $500,000
- Mixed-Use
- $480,000
- Hospitality
- $500,000
- Educational
- $395,000
- Residential Income
- $460,000
- Energy
- $415,000
- Income-Based Land
- $470,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Barling
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.3062
- Latitude
- 35.3272
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA