$680,000
$775,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
11,511 SqFt
SOLD DATE : 01/21/2022
Key Details
Sold Price $680,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 11,511 sqft
Price per Sqft $59
MLS Listing ID 1192714
Sold Date 01/21/22
Construction Status Age Unknown
HOA Y/N No
Annual Tax Amount $4,670
Lot Size 2.630 Acres
Acres 2.63
Property Sub-Type Warehouse
Property Description
Looking for a Cap Rate Higher than Average? Try 8.2%!! Perfect for a 1031 Tax Exchange! The yearly income is $75,600, with long term tenants. Check this property out here with a mix of Warehouses, Storage bldg, Sign rent, and Single Family Homes, and some green space left for your imagination to bring in some more money! There are 4 houses 4,831 sqft, 5 warehouse/shops 5,834 sqft , & 3 storage bldgs 846 sqft. and a sign that brings in $1,800 a year! Warehouses have overhead doors, some have: motor lift, bathrooms, heat pumps, office & insulated. Houses are all heated & cooled, 3 & 2 bedrooms, some have garages, laminate, carpet, tile flooring, 1-2 bathrooms & some are fenced as well. Don't miss out on this High Income Property! Only 9 minutes from downtown Rogers! Survey, rent rolls, expenses and descriptions of property are an attachment to the mls.
Location
State AR
County Benton
Zoning N
Direction Many ways to get to property - from S. 8th St (Hwy 71 B), turn North on 2nd St, then right on E. Locust St, which turns into Prairie Creek Dr. (Hwy 12). Property will be about 5 miles down on the right.
Rooms
Basement None, Crawl Space
Interior
Heating Central, Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet, Concrete, Ceramic Tile, Laminate, Simulated Wood
Appliance Electric Water Heater
Exterior
Exterior Feature Storage
Fence Fenced
Utilities Available Cable Available, Electricity Available, Septic Available, Water Available
Roof Type Asphalt,Metal,Shingle
Road Frontage Main Thoroughfare
Building
Foundation Crawlspace, Slab
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding,Brick,Metal Siding,Steel,Vinyl Siding
Construction Status Age Unknown
Others
Security Features Smoke Detector(s)
Special Listing Condition None
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4762 N Castlewood Lane, Fayetteville, Arkansas, 72764, United States