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Mixed-Use Office and Warehouse Property

158 Ragon Road Tilly, AR 72679

Claim this Listing
For Sale
$650,000

SINGLE_FAMILY - Tilly, AR

Type:Office
Property size:
4,500 SF
Lot size:
8.84 Acres
Price / SF:
$144/SF
Added:
May 22, 2026
Days on Market:
52
Last Refresh:
Jul 12 at 10:06 am

Property Features for 158 Ragon Road

General Information

Property type
Residential
Property subtype
Office
Exterior features
Storage
Standard status
Active
APN
095-00015-001C
Size
4,500 SF
Lot size
8.84 Acres

Taxes and HOA fees

Tax Description
Pt NE NW STR 5-12-17

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1995
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Additional Structures
Storage

Listing agent Ray Davenport License #EB00083949

Listing office Davenport Realty 301 Hwy 62 W, Yellville, AR

Listing date May 22, 2026

MLS# 1348515

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.


Investment Insights

Based on property information with market context.

The property combines an office/house with multiple industrial and storage buildings configured for flexible on-site use. It includes a 4,288-square-foot office/house, a 50-by-90 insulated red iron shop, and a 2,500-square-foot insulated red iron warehouse featuring a loading dock. A 60-by-70 pole barn with electric is also on site, along with several additional storage buildings that have power.

Situated on 8.84 acres with highway frontage, the setup is supported by an asphalt drive and multiple utilities, including city water, three wells, and multiple septic systems. The property has three electric meters. It is described as offering no restrictions, and is located just minutes from the national forest.

This layout can suit tenants or owners seeking a live-and-work arrangement or a combination of office, shop, warehousing, and storage under one roof line. The insulated buildings, loading dock, and multiple utility connections support day-to-day operational needs, while the acreage provides room to graze livestock or expand further.

Key Highlights

  • 4,288 sqft Office/House with additional insulated shop and warehouse spaces.
  • Over 8 acres with highway frontage and no restrictions.
  • Multiple buildings including a 50X90 insulated shop, 2500 sqft insulated warehouse with loading dock, and a 60X70 pole barn with electric.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.7k $12.60
− Vacancy −$3.9k −$0.86
EGI $52.8k $11.74
− OpEx −$13.2k −$2.94
NOI $39.6k $8.81
4,500 SF · lease $12.60/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$566.2K
$495.4K – $660.6K (±1% cap)
NOI $39,633 @ 7.0% cap · market cap 6.10%
Second Best
Mixed Use
$447.4K
$391.5K – $522.0K (±1% cap)
NOI $31,320 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K (±1% cap)
NOI $50,328 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Grocery & Convenience Store Food Market Restaurant

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

FAQs

What type of property is this?
Mixed-use property - Highway-fronting property with insulated shop, warehouse with loading dock, office/house, and multiple storage buildings on acreage.
Where is this mixed-use property located?
The property is located at 158 Ragon Road Tilly, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,288 sqft Office/House with additional insulated shop and warehouse spaces.; Over 8 acres with highway frontage and no restrictions.; Multiple buildings including a **50X90 insulated shop**, **2500 sqft insulated warehouse with loading dock**, and a 60X70 pole barn with electric.
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More about this property
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