Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    116 Broadway St Siloam Springs, AR 72761

    View on Map
    Sponsored
    For Sale
    $1,300,000

    Retail - Siloam Springs, AR

    Type:Retail
    Property size:
    14,632 SF
    Days on Market:
    49
    Last Refresh:
    Mar 17 at 7:06 pm

    Property Features for 116 Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    03-00762-000
    Size
    14,632 SF

    Building Details

    Year built
    1992
    Architectural style
    Other

    We can help!

    Listing Contact
    Zachary White

    CBRE/NW Arkansas (479) 200-3457

    Listing agent Zachary White (479) 301-2520

    Listing date Jan 27, 2026

    MLS# 1334203 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Building in Downtown

    Located in downtown Siloam Springs, the mixed-use building at 116 Broadway St offers a combination of retail, office, and fully furnished loft apartments. The property provides diverse income streams within a highly walkable location. The building encompasses approximately 14,632 square feet and presents an investment opportunity within Siloam Springs' commercial and residential area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miller, Butler, Schneider, ... Law Firm Houston Enzymes (Bike/Boat/Book/etc) Store The Shop Hair Salon BeYOUtiful Hair by ... Hair Salon Southern Grace Shoppe (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Siloam Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.540874
    Latitude
    36.18456

    Nearby Similar for Sale

    • $850,000
      7,426 SF

      Historic Siloam Springs Investment Opportunity

      Fully leased historic building in Siloam Springs' 5 Points District.
      516 E Main St, Siloam Springs, AR 72761
      View Details
    • $850,000
      6,533 SF

      Historic Siloam Springs Retail Building

      Unique historic commercial building with modern updates and long-term tenants.
      506 E Main St, Siloam Springs, AR 72761
      View Details
    • $735,000
      8,252 SF

      Development-Ready Retail Site on Highway 412

      Turn-key site with city-approved plans, high traffic exposure.
      E Kenwood St, Siloam Springs, AR 72761
      View Details
    • $735,000
      8,352 SF

      Development-Ready Site on Highway 412

      Turn-key commercial site with city-approved plans and high traffic exposure.
      E Kenwood St, Siloam Springs, AR 72761
      View Details
    • $979,000
      5,600 SF

      Downtown Siloam Springs Office Buildings

      Two well-maintained buildings with recent upgrades and tenant leases.
      101-103 N Broadway St, Siloam Springs, AR 72761
      View Details
    • $795,000
      6,620 SF

      Historic Building in Downtown Siloam

      Historic retail building in downtown Siloam Springs, Arkansas for sale.
      101 S Broadway St, Siloam Springs, AR 72761
      View Details
    • New
      $705,000
      4,372 SF

      Siloam Springs Multi-Unit Investment Opportunity

      Downtown Siloam Springs multi-unit property with remodeling and value-add potential.
      401 E Twin Springs St, Siloam Springs, AR 72761
      View Details
    • $1,700,000
      15,000 SF

      Versatile Commercial Space on Highway 412

      15,000 SF commercial space with high visibility on US HWY 412.
      1490 Highway 412 W, Siloam Springs, AR 72761
      View Details
    • New
      Contact for pricing
      1,266 SF

      Siloam Springs Retail/Office Space

      Retail or office space in high-traffic Siloam Springs, Arkansas.
      1270 Highway 412 West, Siloam Springs, AR 72761
      View Details
    • Contact for pricing
      972 SF

      Siloam Springs Office Space Available

      972 SF office space with high visibility and accessibility.
      885 Dogwood St, Siloam Springs, AR 72761
      View Details
    • $264,000
      5,372 SF

      Siloam Springs Office Building Opportunity

      Office building with high traffic location and redevelopment potential.
      514 S Mount Olive St, Siloam Springs, AR 72761
      View Details
    • $495,000
      2,255 SF

      Victorian Home with Office Space

      Victorian home with separate office on 1.74 acres.
      1455 E Main St, Siloam Springs, AR 72761
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail, office, and residential income potential.
    Where is this mixed-use property located?
    The property is located at 116 Broadway St Siloam Springs, AR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime mixed-use building in the heart of downtown Siloam Springs.; - Offers diverse income streams from retail, office, and fully furnished loft apartments.; - Boasting ±14,632 SF of total space.
    (479) 200-3457
    Request Owner's contact information
    116 Broadway St Siloam Springs, AR 72761
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116 Broadway St
    Siloam Springs, AR 72761
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Broadway St Siloam Springs, AR 72761
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zachary White
    (479) 200-3457 (479) 301-2520
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!