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560 W 2nd St

28,710 SF Industrial Building Booneville, AR 72927 £450,397 (£16/SF)

Investment Highlights

  • Easy access to highway
  • Lower cost of doing business
  • Property size allows for future growth

Executive Summary

8.50+/- industrial-zoned acres with approximately 29,000 square feet of warehouse space. Max ceiling height of 24.5', sidewall height of 20', and an average of 23.5' between columns. The warehouse includes overhead doors and loading dock with levelers. Sprinkler system is in place, but not connected. A number of additional buildings are in various stages of demolition and some could be retrofitted for business use. Over 120,000 square feet of concrete slab left in place to accommodate expansion or new construction. This property is located in a Qualified Opportunity Zone 26 miles from future I-49 in Greenwood, 30 miles from I-40 in Ozark, and 41 miles to the Port of Fort Smith. Booneville is a vibrant community of over 4,000 people with a variety of employers and amenities including K-12 public schools, a Boys & Girls Club, municipal airport, 18-hole golf course, Rockline Industries, a USDA Research Center, Mercy Hospital and Emergency Room, Walmart Supercenter, Tractor Supply Co., Dollar Tree, several chain restaurants, and popular local restaurants such as Black Dog Meat Co. and Reid's Barbecue.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £742 £0.03
Operating Expenses - -
Total Expenses £742 £0.03

Financial Summary (Actual - 2023)

Taxes
Annual £742
Annual Per SF £0.03
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £742
Annual Per SF £0.03

Property Facts

Price £450,397
Price Per SF £16
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 8.50 AC
Rentable Building Area 28,710 SF
Number of Floors 1
Year Built/Renovated 1975/2022
Tenancy Single
Clear Ceiling Height 24 ft
No. Dock-High Doors/Loading 4
Level Access Doors 5
Opportunity Zone Yes

Amenities

  • Yard
  • Storage Space
  • Fiber Optic Internet

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 800-00414-000
  • 800-00405-000
Land Assessment
£12,078 (2024)
Improvements Assessment
£7,144 (2024)
Total Assessment
£19,222 (2024)
Annual Taxes
£742 (£0.03/sf)
Tax Year
2023 Payable 2024

zoning

Zoning Code I-2 Industrial (Industrial)
I-2 Industrial (Industrial)
  • Listing ID: 32925124

  • Date on Market: 22/08/2024

  • Last Updated:

  • Address: 560 W 2nd St, Booneville, AR 72927

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