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Storefront Retail Property
New
For Sale
$259,900

161 E Pickens Road, Pea Ridge, AR 72751

CommercialSale, Pea Ridge, AR

Property Size940 SF
Lot Size0.04 Acres
Price / SF$276.49
Days on Market2

Property Features for 161 E Pickens Road

General Information

Property type Commercial Sale
Property subtype Retail
Lot features City Lot
Directions Located near the corner of N Curtis Ave and E Pickens Rd
Standard status Active
APN 13-00387-000
Size 940 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Description PEA RIDGE ORIG-PEA RIDGE
Tax Annual Amount 685
Legal Description PEA RIDGE ORIG-PEA RIDGE
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Garrett Washington · License #SA00097040
Added: Sep 1 Last Checked: Sep 2 at 4:06AM
MLS# 1360780

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.

This 940-square-foot storefront property occupies a 0.04-acre site in Pea Ridge, Arkansas. Its compact format provides a defined commercial space within a developed community setting.

The property is located near the intersection of E. Pickens Road and Highway 94, with reported traffic of approximately 17,000 vehicles per day. It sits across from the Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, Pea Ridge Pre-K, and the Pea Ridge Farmers Market.

Regional access includes a 4.8-mile connection to Interstate 49, while Pea Ridge National Military Park is 7.0 miles away. Highway 62 is 7.1 miles from the property, and Bentonville Square is 7.3 miles away.

Key Highlights

  • 940‑square‑foot storefront on a 0.04‑acre site
  • Near E. Pickens Road and Highway 94
  • Approximately 17,000 vehicles per day reported on Highway 94

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,694
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$213,880 $213.9K
Cap Rate 7%
$152,771 $152.8K
Cap Rate 9%
$118,822 $118.8K
Market Conditions
NOI Build-Up for 940 SF 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.
Gross rent
$16.4K $17.40/SF
− Vacancy
−$1.1K −$1.15/SF
EGI
$15.3K $16.25/SF
− OpEx
−$4.6K −$4.88/SF
NOI
$10.7K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$213,880
Cap Rate 7%
$152,771
Cap Rate 9%
$118,822

Alternative Uses

Best Use
Retail
$152.8K
$133.7K – $178.2K (±1% cap)
NOI $10,694 @ 7.0% cap · market cap 4.11%
Second Best
no second resolved use
Theoretical Best
Office A
$258.3K
$226.0K – $301.4K (±1% cap)
NOI $18,082 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72751, AR

8,361
Population
3,487
Households
2.4
Avg Household Size
34
Median Age
24%
College-Educated
92%
High-School Grad
24.1 sq mi
ZIP Area
347
Density / Sq Mi
$92,173
Median Household Income
$44,510
Median Earnings
$1,395
Median Rent
$258,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The Cottage Flower Shop 378 N Curtis Ave, Pea Ridge, AR 72751

Frequently Asked Questions

What type of property is this?
Storefront property - A compact retail storefront positioned near schools, a memorial, and the local farmers market.
Where is this storefront property located?
The property is located at 161 E Pickens Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 940‑square‑foot storefront on a 0.04‑acre site; Near E. Pickens Road and Highway 94; Approximately 17,000 vehicles per day reported on Highway 94
More about this property
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