$1 Auction - REIT SALE | 7K SF Industrial 13993 Highway 65 7,922 SF Industrial Building Damascus, AR 72039 $150,000 ($18.93/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing industrial facility located at 13993 Highway 65 South in Damascus, Arkansas (the “Property”). Offered at a substantial discount to replacement cost, the Property presents an attractive opportunity for owner-users, investors, and industrial operators to acquire a versatile industrial asset at an attractive basis. FIRST BID MEETS RESERVE!
Constructed in 2009, the Property consists of a ±7,921 SF industrial/flex facility situated on a ±6.58-acre parcel (±286,588 SF). The improvements include six paved parking spaces along with extensive gravel-surfaced areas providing additional parking, equipment staging, and operational flexibility. The building features a highly functional layout with ±19% (±1,482 SF) finished office space, 28-foot building heights, an open warehouse, four drive-through bays serviced by eight (8) overhead doors, an attached covered loading/storage bay, and 1,200-amp, 277/480-volt electrical service. The fully fenced site offers a substantial stabilized yard suitable for outdoor storage, fleet parking, equipment staging, contractor operations, or future site improvements. The Property benefits from ±278 feet of frontage along US Highway 65 with 9,600 vehicles per day (VPD) and a dedicated point of ingress and egress, providing excellent visibility and efficient site circulation. Originally developed for Select Energy Services and most recently occupied by Haynesville Wireline Services on a net lease basis, the Property offers immediate owner-user functionality while also presenting meaningful lease-up and value-add investment potential. According to CoStar, industrial asking rents in the surrounding market generally range from $9 to $11 PSF NNN. Located outside municipal zoning jurisdiction, the Property provides flexibility for a broad range of industrial, manufacturing, logistics, energy services, contractor yard, equipment storage, and outdoor industrial storage uses, supporting long-term operational versatility and tenant demand.
Strategically located along US Highway 65 in Damascus, Arkansas, the Property benefits from a highly accessible location within Van Buren County and the broader Little Rock Metropolitan Statistical Area. Positioned near the geographic center of Arkansas, the Property offers convenient regional connectivity to Conway (±25-mi), Interstate 40 (±25-mi), and Downtown Little Rock (±50 minutes), providing efficient access to one of the state’s primary industrial, distribution, and commercial hubs. US Highway 65 serves as a key north-south transportation corridor linking the Property to major Central Arkansas employment centers and transportation infrastructure. The surrounding region supports a diverse economic base anchored by manufacturing, transportation and logistics, agriculture, energy services, healthcare, education, and government employment, generating consistent demand for industrial and contractor-oriented facilities. Supported by Arkansas’s business-friendly operating environment, competitive operating costs, and central location within the Mid-South, the region continues to attract manufacturers, distributors, and service providers seeking efficient regional connectivity. Within a 5-mile radius, the Property serves more than 2,675 residents with an average household income exceeding $72,500, providing a reliable local workforce while remaining within convenient reach of the substantially larger labor pool throughout the Conway and Little Rock metropolitan markets.