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Tilly, AR Commercial Property

158 RAGON ROAD Tilly, AR 72679

Claim this Listing
For Sale
$650,000

COMMERCIAL - Tilly, AR

Property size:
4,288 SF
Lot size:
8.84 Acres
Price / SF:
$151/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
Commercial Sale
Property subtype
Other
Security features
Security Lighting
Interior features
Extra Storage, Prvate Bathrooms
Exterior features
Parking/10+ Spaces, Parking/25+ Spaces, Lighting/Security, Storage, Country View, Barndominium
Standard status
Active
APN
095-00015-001C
Size
4,288 SF
Lot size
8.84 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Pt NE NW STR 5-12-17
Tax Annual Amount
2730

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Private

Building Details

Year built
1995
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# 134253

Copyright © 2026 North Central Board of Realtors. 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.

This commercial property in Tilly, AR, features a 4,288 sqft office/house, a 50x90 insulated red iron shop, and a 2,500 sqft insulated red iron warehouse with a loading dock. Additionally, there is a 60x70 pole barn with electric and several storage buildings with power. Situated on over 8 acres with highway frontage, the property offers opportunities for a commercial shop, warehouse, and office space, as well as rental options. The site includes three wells, multiple septic systems, city water, and three electric meters. An asphalt drive provides access. The property has no restrictions and is located minutes from the national forest. It also offers room to graze livestock or expand.

Key Highlights

  • 4,288 SF office/house plus multiple outbuildings, including 50x90 insulated red iron shop and a 2,500 SF insulated red iron warehouse with loading dock
  • 60x70 pole barn with electric, along with several additional storage buildings with power
  • Over 8 acres with highway frontage, asphalt drive, and room to graze livestock or expand

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 $54.0k $12.60
− Vacancy −$3.7k −$0.86
EGI $50.4k $11.74
− OpEx −$12.6k −$2.94
NOI $37.8k $8.81
4,288 SF · lease $12.60/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$539.5K
$472.1K – $629.4K (±1% cap)
NOI $37,766 @ 7.0% cap · market cap 5.81%
Second Best
Mixed Use
$426.3K
$373.1K – $497.4K (±1% cap)
NOI $29,844 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$685.1K
$599.5K – $799.3K (±1% cap)
NOI $47,957 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

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 - Commercial property with office, shop, warehouse, and multiple amenities.
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 SF office/house plus multiple outbuildings, including 50x90 insulated red iron shop and a 2,500 SF insulated red iron warehouse with loading dock; 60x70 pole barn with electric, along with several additional storage buildings with power; Over 8 acres with highway frontage, asphalt drive, and room to graze livestock or expand
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More about this property
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