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Brick Storefront with Off-Street Parking
For Sale
$325,000

232 E Main Street, Gentry, AR 72734

SINGLE_FAMILY - Gentry, AR

Property Size2,550 SF
Lot Size0.08 Acres
Price / SF$127.45
Days on Market23

Property Features for 232 E Main Street

General Information

Property type Residential
Property subtype Retail
Zoning description Commercial
Parking 2
Parking features On Street, Parking Lot
Appliances GasWaterHeater
Lot features Central Business District, City Lot
Directions From I-49, take exit 86 for US-62 E/AR-12 E/AR-102 W/SE 14th St toward Hudson Rd. Use the left 2 lanes to take the AR-102 W ramp to Bentonville. Use any lane to turn left onto AR-102 W/AR-12/US-62 W/SE 14th St. Turn left onto 4th St. Turn right onto Church Ave. The property will be on the right.
Standard status Active
APN 10-00303-000
Size 2,550 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description Benton Co: Gentry Orig-Gentry: Lot 4 Block 21
Tax Annual Amount 751
Legal Description Benton Co: Gentry Orig-Gentry: Lot 4 Block 21

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric, Central Air
Water source Public

Amenities

14-foot ceilings
one restroom
flexible boutique-ready layout
off-street parking

Building Details

Floors in Building 1
Number of units 1
Building materials Brick, Block, Concrete
Listing Agency: Limbird Real Estate Group
Listed By: The Limbird Team
Added: Jul 21 Changed: Aug 3 Last Checked: Aug 12 at 7:06AM
MLS# 1356032

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.

A brick storefront building with a cinder block addition offering a flexible interior layout and one restroom. The property totals 2,550 SF on a 0.08-acre site, with 14-foot ceilings and central heating and cooling including natural gas service. Gas water heater is included, and the building has public water and public sewer.

Located at 232 E Main Street in Gentry’s Central Business District, the property sits on Main Street with a reported daily traffic count of 5,500 cars. The storefront is currently leased. Construction materials include brick, block, and concrete, and the site supports parking with both an on-site parking lot and on-street options.

Recent updates include new HVAC, a PVC roof, and updated electrical and plumbing throughout. The property is zoned commercial, with fiber optic, gas, and public water/sewer available.

Key Highlights

  • 2,550 SF brick storefront building on 0.08 acres with 14‑foot ceilings
  • On Main Street in the Central Business District with reported 5,500 cars per day
  • Brick exterior with cinder block addition plus brick, block, and concrete construction

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
$29,009
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
8.93%
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%
$580,180 $580.2K
Cap Rate 7%
$414,414 $414.4K
Cap Rate 9%
$322,322 $322.3K
Market Conditions
NOI Build-Up for 2,550 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
$44.4K $17.40/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$41.4K $16.25/SF
− OpEx
−$12.4K −$4.88/SF
NOI
$29.0K $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 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%
$580,180
Cap Rate 7%
$414,414
Cap Rate 9%
$322,322

Alternative Uses

Best Use
Retail
$414.4K
$362.6K – $483.5K (±1% cap)
NOI $29,009 @ 7.0% cap · market cap 8.93%
Second Best
no second resolved use
Theoretical Best
Office A
$700.8K
$613.2K – $817.6K (±1% cap)
NOI $49,053 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Furniture & Home Goods Auto Parts Store Law Firm

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

5,500 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72734, AR

7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
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
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Similar Off Market Nearby

  • Falyn’s Flowers and Gifts LLC 120 E Main St, Gentry, AR 72734

Frequently Asked Questions

What type of property is this?
Storefront property - Brick storefront in a commercial district with off-street and on-street parking, public water/sewer, and fiber available.
Where is this storefront property located?
The property is located at 232 E Main Street Gentry, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,550 SF brick storefront building on 0.08 acres with 14‑foot ceilings; On Main Street in the Central Business District with reported 5,500 cars per day; Brick exterior with cinder block addition plus brick, block, and concrete construction
More about this property
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