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Fully Occupied Storefront Property
For Sale
$549,941
Pending

203 E Pickens Road, Pea Ridge, AR 72751

CommercialSale, Pea Ridge, AR

Property Size2,462 SF
Lot Size0.16 Acres
Days on Market347

Property Features for 203 E Pickens Road

General Information

Property type Commercial Sale
Property subtype Retail
Directions Located near the intersection of Pickens Rd & Hwy 94.
Standard status Pending
APN 13-00206-000
Size 2,462 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description PT NE NE BEG 60.9 RDS S - 191.5' W NE/C W56' S128' E56' N128' POB
Tax Annual Amount 1001
Legal Description PT NE NE BEG 60.9 RDS S - 191.5' W NE/C W56' S128' E56' N128' POB

Amenities

new mechanical and electrical infrastructure
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Garrett Washington · License #SA00097040
Added: Oct 28, 2025 Changed: Aug 20 Last Checked: Oct 9 at 2:06AM
MLS# 1326844

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 2,462-square-foot storefront property is fully occupied and benefits from newly installed mechanical and electrical infrastructure. The asset sits on a 0.16-acre lot at 203 E Pickens Road in Pea Ridge, Arkansas, providing a compact commercial footprint with an established occupancy profile.

The property is positioned near the intersection of E Pickens Road and Hwy 94, where traffic volume is reported at 17,000 vehicles per day. Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre-K are located across the street. Planned area additions cited for Pea Ridge include a Walmart Supercenter, Tractor Supply store, and championship-level disc golf course.

Key Highlights

  • 100% occupied storefront property
  • 2,462 square feet on a 0.16‑acre lot
  • New mechanical and electrical infrastructure

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,008
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,160 $560.2K
Cap Rate 7%
$400,114 $400.1K
Cap Rate 9%
$311,200 $311.2K
Market Conditions
NOI Build-Up for 2,462 SF
Gross rent
$42.8K $17.40/SF
− Vacancy
−$2.8K −$1.15/SF
EGI
$40.0K $16.25/SF
− OpEx
−$12.0K −$4.88/SF
NOI
$28.0K $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 Rate 5%
$560,160
Cap Rate 7%
$400,114
Cap Rate 9%
$311,200

Alternative Uses

Best Use
Retail
$400.1K
$350.1K – $466.8K (±1% cap)
NOI $28,008 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.6K
$592.0K – $789.3K (±1% cap)
NOI $47,360 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Grocery & Convenience 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
100%
Occupancy
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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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 - Fully leased commercial storefront with upgraded mechanical and electrical systems in a visible, school-adjacent setting.
Where is this storefront property located?
The property is located at 203 E Pickens Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $549,941.
What are key features of this property?
This property features: 100% occupied storefront property; 2,462 square feet on a 0.16‑acre lot; New mechanical and electrical infrastructure
More about this property
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