Renovated Storefront
For Sale
$299,000
10 Camp, Dover, AR 72837
Single-story retail building with C1 commercial zoning and a 2020 renovation.
Property Size2,456 SF
Lot Size0.20 Acres
Price / SF$121.74
Days on Market35
Property Features for 10 Camp
General Information
Standard status
Active
Size
2,456 SF
Lot size
0.20 Acres
Zoning
C1
Building Details
Year Renovated
2020
Buildings
1
Stories
1
Listing Agency:
Alethes Realty
(479) 209-4688
Listed By:
William Wade Graham
(479) 209-4688
Source:
Connectrealtynwa
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 26 at 10:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alethes Realty
Investment Insights
Based on property information with market context.
This single-story storefront property contains 2,456 square feet on a 0.20-acre lot. Originally built in 1972, the building was renovated in 2020 and is designated for C1 commercial use.
The property is at 10 Camp in Dover, Arkansas, with 74 feet of frontage along AR Hwy 27. Its commercial frontage and established building configuration support continued retail use.
The property is at 10 Camp in Dover, Arkansas, with 74 feet of frontage along AR Hwy 27. Its commercial frontage and established building configuration support continued retail use.
Key Highlights
- 2,456‑square‑foot single‑story building
- 0.20‑acre lot with 74 feet of frontage
- Renovated in 2020
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
$22,159
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
7.41%
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%
$443,180
$443.2K
Cap Rate 7%
$316,557
$316.6K
Cap Rate 9%
$246,211
$246.2K
Market Conditions
NOI Build-Up for 2,456 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
$33.9K $13.80/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$31.7K $12.89/SF
− OpEx
−$9.5K −$3.87/SF
NOI
$22.2K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$443,180
Cap Rate 7%
$316,557
Cap Rate 9%
$246,211
Alternative Uses
Best Use
Retail
$316.6K
$277.0K – $369.3K
NOI $22,159 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$392.4K
$343.4K – $457.8K
NOI $27,468 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Phillips 66
Shops & Services
2,482 visits/mo
0.1 miles
Demographics for 72837, AR
7,897
Population
3,988
Households
2
Avg Household Size
43
Median Age
16%
College-Educated
83%
High-School Grad
244.2 sq mi
ZIP Area
32
Density / Sq Mi
$47,250
Median Household Income
$37,507
Median Earnings
$847
Median Rent
$124,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Single-story retail building with C1 commercial zoning and a 2020 renovation.
Where is this storefront property located?
The property is located at 10 Camp Dover, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,456‑square‑foot single‑story building; 0.20‑acre lot with 74 feet of frontage; Renovated in 2020
