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Storefront Property
For Sale
$420,000

311 E Pickens Road, Pea Ridge, AR 72751

CommercialSale, Pea Ridge, AR

Property Size1,140 SF
Lot Size0.20 Acres
Price / SF$368.42
Days on Market211

Property Features for 311 E Pickens Road

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Business District
Directions Take Hwy 94 (which is also North Curtis Avenue) North to Pickens Rd. turn right. Property is on the right.
Standard status Active
APN 13-00041-000
Size 1,140 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description PART OF THE FRL. NW 1/4 OF THE NW 1/4 OF SECTION 31 IN TOWNSHIP 21 NORTH OF RANGE 29 WEST, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 1055.4 FEET SOUTH AND 17.5 FEET EAST OF THE NW CORNER OF SAID 40 ACRES; RUNNING THENCE EAST 120 FEET; THENCE NORTH 8 3 FE
Tax Annual Amount 856
Legal Description PART OF THE FRL. NW 1/4 OF THE NW 1/4 OF SECTION 31 IN TOWNSHIP 21 NORTH OF RANGE 29 WEST, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 1055.4 FEET SOUTH AND 17.5 FEET EAST OF THE NW CORNER OF SAID 40 ACRES; RUNNING THENCE EAST 120 FEET; THENCE NORTH 8 3 FE

Building Details

Year built 1980
Listing Agency: Red Box Realty
Listed By: Richard Holly · License #SA00082464
Added: Mar 10 Changed: Sep 6 Last Checked: Oct 6 at 6:06AM
MLS# 1338856

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 storefront property contains 1,140 square feet on a 0.2-acre parcel. Constructed in 1980, the building provides a compact commercial footprint suited to retail-oriented occupancy.

The property is located at 311 E Pickens Road in Pea Ridge, Arkansas, within Benton County and ZIP Code 72751.

Key Highlights

  • 1,140‑square‑foot commercial storefront
  • 0.2‑acre parcel
  • Built in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,969
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,380 $259.4K
Cap Rate 7%
$185,271 $185.3K
Cap Rate 9%
$144,100 $144.1K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$19.8K $17.40/SF
− Vacancy
−$1.3K −$1.15/SF
EGI
$18.5K $16.25/SF
− OpEx
−$5.6K −$4.88/SF
NOI
$13.0K $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%
$259,380
Cap Rate 7%
$185,271
Cap Rate 9%
$144,100

Alternative Uses

Best Use
Retail
$185.3K
$162.1K – $216.2K (±1% cap)
NOI $12,969 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.3K
$274.1K – $365.5K (±1% cap)
NOI $21,930 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cannonball Cafe Restaurant

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.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Built in 1980, this commercial space offers a compact footprint in Pea Ridge.
Where is this storefront property located?
The property is located at 311 E Pickens Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,140‑square‑foot commercial storefront; 0.2‑acre parcel; Built in 1980
More about this property
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