Multi-Unit Office and Retail
711 Mount Olive Street Siloam Springs, AR 72761
711 Mount Olive Street, Siloam Springs, AR, 72761
$205,000
For Sale
$205,000
SINGLE_FAMILY - Siloam Springs, AR
Property Size1,595 SF
Price / SF$128.53
Days on Market20
Property Features for 711 Mount Olive Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 03-02215-004
- Size
- 1,595 SF
Taxes and HOA fees
- Tax Description
- AKA PROFESSIONAL CENTER HORIZONTAL PROPERTY REGIME MASTER DEED 603-30-40 UNIT 4ON PT LOT 4 HOME ADDITIONSILOAM SPRINGS DR 603-30
- Tax Annual Amount
- 1223
Building Details
- Year built
- 1984
Listing Agency
Sanderson & Associates Real Estate
(479) 524-8600
2125 E Main St, Siloam Springs, AR
Listed by
Cheryl Freeman · License #EB00057935
(479) 599-8220
Added: Jul 1 Updated: Jul 2 at 1:42 am Checked: Jul 20 at 3:06 pm
MLS# 1353976
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 multi-unit building is currently configured for mixed office and retail use. Unit 4 operates as a beauty shop. Unit 5 is a vacant office space and has new LVP flooring. Units 6 and 7 are combined and are rented to a counseling office. Parking is available in front of the building and behind the building, supporting convenient tenant and customer access.
The property is located at 711 Mount Olive Street in Siloam Springs, Arkansas, in Benton County. The building’s layout supports separate unit occupancy, and the on-site parking arrangement helps accommodate day-to-day appointments and client visits.
For buyers or operators seeking a flexible, multi-tenant setup, the current mix of beauty, counseling, and office space provides a practical framework for leasing. The immediate availability of Unit 5, along with its new LVP flooring, may appeal to tenants looking for a ready-to-occupy office. With both front and rear parking, the building can support routine customer traffic for office-oriented and client-based services.
The property is located at 711 Mount Olive Street in Siloam Springs, Arkansas, in Benton County. The building’s layout supports separate unit occupancy, and the on-site parking arrangement helps accommodate day-to-day appointments and client visits.
For buyers or operators seeking a flexible, multi-tenant setup, the current mix of beauty, counseling, and office space provides a practical framework for leasing. The immediate availability of Unit 5, along with its new LVP flooring, may appeal to tenants looking for a ready-to-occupy office. With both front and rear parking, the building can support routine customer traffic for office-oriented and client-based services.
Key Highlights
- Building built in 1984
- Unit 4 is set up as a beauty shop
- Unit 5 offers vacant office space with new LVP flooring
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $17.40 |
| − Vacancy | −$1.8k | −$1.15 |
| EGI | $25.9k | $16.25 |
| − OpEx | −$7.8k | −$4.88 |
| NOI | $18.1k | $11.38 |
1,595 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$353.6K
$309.4K – $412.5K
NOI $24,751 @ 7.0% cap · market cap 12.07%
Second Best
Retail
$259.2K
$226.8K – $302.4K
NOI $18,145 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$438.3K
$383.5K – $511.4K
NOI $30,682 @ 7.0% cap · market cap 14.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Massage Works
Alternative Medicine Practice
Shelter Insurance - April ...
Insurance Agency
Shelter Insurance - David ...
Insurance Agency
Shelter Insurance - Maria ...
Insurance Agency
Shelter Insurance - Corey ...
Insurance Agency
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FAQs
What type of property is this?
Office units - Configured for multiple tenants with front and rear parking, including a vacant office unit with new LVP flooring.
Where is this office units located?
The property is located at 711 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Building built in 1984; Unit 4 is set up as a beauty shop; Unit 5 offers vacant office space with new LVP flooring
