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    Equipped Salon in North Little Title is generated by Realmo AI

    1710 Main Street, North Little Rock, AR 72114

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    Claim this Listing
    For Sale
    $187,000

    Building and Land - North Little Rock, AR

    Property size:
    1,351 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $138/SF
    Added:
    Feb 18, 2026
    Days on Market:
    87
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 1710 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    12
    Standard status
    Active
    Size
    1,351 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    921.67

    Building Details

    Year built
    1939
    Floors in Building
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    Takeia Johnson
    Takeia Johnson

    Listing agent Takeia Johnson

    Listing office Mid South Realty 420 E 21st St., Suite C, Little Rock, AR

    Listing date Feb 18, 2026

    MLS# 26006354 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully equipped barber/beauty salon ready for immediate operation.
    • Strategic location in North Little Rock, near the Argenta Arts District.
    • Includes three stylist stations, shampoo area, private dryer room, waiting area, and staff break room.
    • Ideal for stylists launching a brand or investors.
    • High‑visibility location with strong commerce and community traffic.
    • Plumbing in place for shampoo area.

    Overview

    This property presents an opportunity to acquire a fully equipped barber/beauty salon in North Little Rock, Arkansas, located minutes from the Argenta Arts District. The 1,351 square foot space is situated on a 0.16-acre lot and includes three stylist stations, a dedicated shampoo area with plumbing, a private dryer room, an inviting client waiting area, and a staff break room. The layout is designed for functionality and client comfort. This commercial space is suitable for a seasoned stylist launching their own brand, a new stylist, or an investor seeking a ready-to-operate business. The property is located in a high-visibility corridor with strong surrounding commerce and community traffic.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $138.5K
    NOI $12,468 @ 9.00% cap · cautious / downside scenario
    Moderate
    $178.1K
    NOI $12,468 @ 7.00% cap · market / base-case scenario
    Aggressive
    $249.4K
    NOI $12,468 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $19.0k $14.04
    − Vacancy −$1.2k −$0.86
    EGI $17.8k $13.18
    − OpEx −$5.3k −$3.96
    NOI $12.5k $9.23
    1,351 SF · lease $14.04/SF/yr · vacancy 6.10% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $178.1K
    $155.9K – $207.8K (±1% cap)
    NOI $12,468 @ 7.0% cap · market cap 6.67%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $257.7K
    $225.5K – $300.7K (±1% cap)
    NOI $18,039 @ 7.0% cap · market cap 9.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Pharmacy Kitchen & Bath Showroom HVAC Service

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

    Similar Places Nearby

    • Tanarah Luxe Floral - Downtown — Simmons Tower, 425 W Capitol Ave, Little Rock, AR 72201

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.266792
    Latitude
    34.770711

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    FAQs

    What type of property is this?
    Storefront property - Ready-to-operate salon near Argenta Arts District, North Little Rock.
    Where is this storefront property located?
    The property is located at 1710 Main Street North Little Rock, AR.
    What is the asking price?
    The asking price for this property is $187,000.
    What are key features of this property?
    This property features: Fully equipped barber/beauty salon ready for immediate operation.; Strategic location in North Little Rock, near the Argenta Arts District.; Includes three stylist stations, shampoo area, private dryer room, waiting area, and staff break room.
    (501) 541-0055
    We can help!
    Listing Contact
    Takeia Johnson
    Takeia Johnson
    Learn More
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    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.

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