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Multi-Unit Retail Building
For Sale
$845,000

65 W Main Street, Farmington, AR 72730

CommercialSale, Farmington, AR

Property Size3,979 SF
Lot Size0.46 Acres
Price / SF$212.36
Days on Market78

Property Features for 65 W Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking 24
Parking features Parking Lot
Exterior features Storage
Appliances ElectricWaterHeater
Lot features Central Business District, Corner Lot, City Lot
Directions From I-49 take exit 62. Turn West on US-62 W. You will pass Arvest Bank on the right @ 2.4 mi. Property will be on the left @ 2.9 mi.
Standard status Active
APN 760-00875-000
Size 3,979 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Description PT LOTS 1-2-3 BLOCK 5 FMSD2 20
Tax Annual Amount 2977
Legal Description PT LOTS 1-2-3 BLOCK 5 FMSD2 20

Utilities

Heating system Central, Heat Pump (Heating), Ductless (Heating)
Cooling system Electric, Ductless, Central Air, Attic Fan

Building Details

Year built 1999
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Shingle
Additional Structures Storage
Listing Agency: Limbird Real Estate Group
Listed By: The Limbird Team
Added: Jul 21 Changed: Sep 18 Last Checked: Oct 6 at 8:06PM
MLS# 1356088

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 3,979-square-foot brick retail property was built in 1999 on a 0.46-acre corner parcel. The building contains four leasable units with a mix of retail bays and shop areas, along with storage space. Two drive-in doors, 12-foot ceilings, and central and electric HVAC support a range of day-to-day commercial operations.

The property fronts a major thoroughfare carrying more than 35,000 vehicles daily and sits between Farmington and Fayetteville. Commercial zoning, a 24-space parking lot, and its location within Farmington’s Central Business District add practical functionality for retail, service, warehouse, manufacturing, and related commercial uses.

Key Highlights

  • 3,979 SF brick building on a 0.46‑acre corner lot
  • Four leasable units with retail bays and shop space
  • Major thoroughfare carries 35,000+ vehicles daily

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,826
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,520 $936.5K
Cap Rate 7%
$668,943 $668.9K
Cap Rate 9%
$520,289 $520.3K
Market Conditions
NOI Build-Up for 3,979 SF
Gross rent
$71.6K $18.00/SF
− Vacancy
−$4.7K −$1.19/SF
EGI
$66.9K $16.81/SF
− OpEx
−$20.1K −$5.04/SF
NOI
$46.8K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,520
Cap Rate 7%
$668,943
Cap Rate 9%
$520,289

Alternative Uses

Best Use
Retail
$668.9K
$585.3K – $780.4K (±1% cap)
NOI $46,826 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$332.3K
$290.8K – $387.7K (±1% cap)
NOI $23,263 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.07M
$934.5K – $1.25M (±1% cap)
NOI $74,762 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Furniture & Home Goods Dental Office 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

2
Drive-in doors
35,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 72730, AR

9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Brick commercial building with multiple leasable spaces, ample parking, and flexible retail and service-oriented configuration.
Where is this retail space located?
The property is located at 65 W Main Street Farmington, AR.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 3,979 SF brick building on a 0.46‑acre corner lot; Four leasable units with retail bays and shop space; Major thoroughfare carries 35,000+ vehicles daily
More about this property
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