Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot 8 Oakridge Court Siloam Springs, AR 72761

    View on Map
    For Sale
    $195,000

    LAND - Siloam Springs, AR

    Lot size:
    3.90 Acres
    Added:
    Apr 24, 2025
    Days on Market:
    349
    Last Refresh:
    Apr 7 at 2:06 pm

    Property Features for Lot 8 Oakridge Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    15-17514-000
    Lot size
    3.90 Acres

    Taxes and HOA fees

    Tax Description
    PLAT 6/14/06 2006-729
    Tax Annual Amount
    219

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Sharon Bever

    Listing agent Sharon Bever License #SA00078992

    Listing office Home & Land Connections 700 W Tulsa Ste F, Siloam Springs, AR

    Listing date Apr 24, 2025

    MLS# 1305916

    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.

    Overview

    Siloam Springs Land for Sale

    This 3.9-acre property is located in Siloam Springs, Benton County, Arkansas. It offers a location to build a dream home. The property requires a well and septic system. It is located approximately 9 minutes from Walmart and provides convenient access to shopping. The property is within the Siloam Springs school district.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Siloam Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.47326
    Latitude
    36.13181

    Nearby Similar for Sale

    • $850,000
      6,533 SF

      Historic Siloam Springs Retail Building

      Unique historic commercial building with modern updates and long-term tenants.
      506 E Main Street, Siloam Springs, AR 72761
      View Details
    • $850,000
      7,426 SF

      Historic Siloam Springs Investment Opportunity

      Fully leased historic building in Siloam Springs' 5 Points District.
      516 E Main Street, Siloam Springs, AR 72761
      View Details
    • $1,600,000
      15,000 SF

      Versatile Commercial Space on Highway 412

      15,000 SF commercial space on high-traffic Highway 412.
      1490 W Highway 412, Siloam Springs, AR 72761
      View Details
    • $705,000
      4,372 SF

      Siloam Springs Multi-Unit Investment Opportunity

      Downtown Siloam Springs multi-unit property with remodeling and value-add potential.
      401 E Twin Springs, Siloam Springs, AR 72761
      View Details
    • $495,000
      2,255 SF

      Victorian Home with Office Space

      Victorian home with separate office on 1.74 acres.
      1455 E Main ST, Siloam Springs, AR 72761
      View Details
    • $595,000

      Siloam Springs Development Opportunity

      High-visibility corner lot ideal for retail, office, or multifamily.
      5.09 AC Hwy 16 & E Kenwood Street, Siloam Springs, AR 72761
      View Details
    • $795,000
      6,620 SF

      Historic Building in Downtown Siloam

      Historic retail building in downtown Siloam Springs, Arkansas for sale.
      101 S Broadway Street, Siloam Springs, AR 72761
      View Details
    • $264,000
      5,372 SF

      Siloam Springs Office Building Opportunity

      Office building with high traffic location and redevelopment potential.
      514 S Mount Olive Street, Siloam Springs, AR 72761
      View Details
    • $384,900
      2,497 SF

      Siloam Springs Duplex with Garages

      Duplex in central location with garages and fenced backyard.
      706 Meghan Street, Siloam Springs, AR 72761
      View Details
    • $650,000

      Siloam Springs Commercial Land Available

      4.14 acres ideal for retail, hotel, or multi-family development.
      N Simon Sager Avenue, Siloam Springs, AR 72761
      View Details
    • $735,000
      8,252 SF

      Development-Ready Site on Highway 412

      Turn-key site with city-approved plans and high traffic exposure.
      -- Highway 412, E Kenwood, Siloam Springs, AR 72761
      View Details
    • $550,000
      52,000 SF

      Siloam Springs Development Opportunity

      Prime commercial land suitable for retail, office, or medical development.
      1501 S Elm ST, Siloam Springs, AR 72761
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Peaceful 3.9-acre property near Siloam Springs with shopping access.
    Where is this residential land & home lot located?
    The property is located at Lot 8 Oakridge Court Siloam Springs, AR.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Convenient access to shopping, only 9 minutes from Walmart.; Located in Siloam Springs.; Siloam Springs Schools.
    (479) 957-1873
    We can help!
    Listing Contact
    Sharon Bever
    Real Estate License ID: SA00078992
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!