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Mixed-Use Building with Apartment
For Sale
$249,000

712 Mount Olive Street, Siloam Springs, AR 72761

CommercialSale, Siloam Springs, AR

Property Size2,184 SF
Lot Size0.21 Acres
Price / SF$114.01
Days on Market144

Property Features for 712 Mount Olive Street

General Information

Property type Commercial Sale
Property subtype Retail
Lot features Central Business District, City Lot
Directions From Hwy 412 go N on Mt Olive, property will be on the W side of road just passed stoplight at Tulsa St.
Standard status Active
APN 03-01850-000
Size 2,184 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LOT:8,N/29 BLK:13 DIST:03 CITY/MUNI/TWP:SILOAM SPRINGS SUBD:CRANES ADD-SILOAM SPRINGS SEC/TWN/RNG/MER:SEC 06 TWN 17 RNG 33
Tax Annual Amount 889
Legal Description LOT:8,N/29 BLK:13 DIST:03 CITY/MUNI/TWP:SILOAM SPRINGS SUBD:CRANES ADD-SILOAM SPRINGS SEC/TWN/RNG/MER:SEC 06 TWN 17 RNG 33
Listing Agency: Realty Mart
Listed By: Christopher Taylor · License #EB00090812
Added: May 14 Changed: Sep 5 Last Checked: Oct 4 at 7:06PM
MLS# 1347551

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 2,184-square-foot mixed-use building combines a front retail area with living quarters at the rear. The rear portion was previously used as an apartment, creating a distinct residential component within the property. A new roof is among the recent building improvements.

The property occupies 0.21 acres at 712 Mount Olive Street in Siloam Springs, Arkansas. It is currently operated as a seasonal retail and resale shop, with prior commercial uses including a pawn shop and a specialty metal detector outlet. The building’s street-facing setting supports its existing retail configuration.

Key Highlights

  • 2,184‑square‑foot mixed‑use building
  • 0.21‑acre property at 712 Mount Olive Street
  • Front retail and resale area

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
$15,201
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
6.10%
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%
$304,020 $304.0K
Cap Rate 7%
$217,157 $217.2K
Cap Rate 9%
$168,900 $168.9K
Market Conditions
NOI Build-Up for 2,184 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
$26.2K $12.00/SF
− Vacancy
−$1.9K −$0.86/SF
EGI
$24.3K $11.14/SF
− OpEx
−$9.1K −$4.18/SF
NOI
$15.2K $6.96/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
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%
$304,020
Cap Rate 7%
$217,157
Cap Rate 9%
$168,900

Alternative Uses

Best Use
Retail
$354.9K
$310.6K – $414.1K (±1% cap)
NOI $24,845 @ 7.0% cap · market cap 9.98%
Second Best
Mixed Use
$217.2K
$190.0K – $253.4K (±1% cap)
NOI $15,201 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K (±1% cap)
NOI $42,012 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods Dental Office Locksmith (Bike/Boat/Book/etc) Store Catering Service

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

843
Businesses Nearby

Demographics for 72761, AR

23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Front retail space is paired with rear living quarters and a recently installed roof.
Where is this mixed-use property located?
The property is located at 712 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,184‑square‑foot mixed‑use building; 0.21‑acre property at 712 Mount Olive Street; Front retail and resale area
More about this property
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